Ferretti Group has released its first sustainability report on corporate operations. The document formally testifies to the Group’s introduction of a virtuous pathway to minimise the environmental impact of its production processes and yachts, promoting better and wider ranging corporate social-responsibility measures.
A materiality analysis has identified the topics with the greatest impact on business activities and the indicators to evaluate them, grouping them in four areas that will be examined each year in ever greater detail and used to measure the environmental and social performance of Ferretti Group:
– Innovation and luxury: yachts
– Environmental impact of the production process
– Value for the local area
– Human capital
For Ferretti Group, sustainability starts with the quality and excellence that characterise the yachts it builds. Which is why research and development focus on the use of high-performance, sustainable materials and reducing energy consumption. The wood used in interior design is sourced from certified forests managed according to strict environmental, social and economic standards. The use of carbon fibre significantly reduces hull weight, resulting in yachts that are more efficient and consume less fuel.
The research into hybrid engines and new technologies that reduce hull weight, as well as into improving the efficiency of shipyard activities is an important part of Group activity. In this sense, the ISO 14001 certification of the environmental management systems in place at the La Spezia site is the starting point for integrated management of the environmental impact of all production processes, as is the IMO Tier III certification obtained by CRN, the first shipyard in Italy to achieve this milestone, for a 62m megayacht. Also worthy of mention is the installation of the Ancona trigeneration plant to produce clean electric power, heating and cooling.
Fundamental aspects are in the social sphere and include the impact on the local area, the entire supply chain and the central importance of human capital. Over 85% of Ferretti Group’s supply chain, which employs a total of more than 2,500 workers, is based in Italy and over 75% of the total economic value generated is distributed in the country. This contributes to job creation and the growth of the ecosystem of small and medium enterprises, including craft businesses, with which the Group has for years had a history of virtuous collaboration. This collaboration allows Group suppliers to develop specific processes and know-how and operate on global markets, generating development and innovation.
As a result of all the measures that have been introduced, including the complete sanitisation of the production process right through to delivery, Ferretti Group has obtained RINA Biosafety Trust Certification, the first voluntary certification to prevent and control COVID infections, protecting over 1,500 workers, as well as customers. Finally, the Group has taken out an insurance policy covering all employees and providing protection in the event they test positive for the virus. This policy, which has been renewed for 2021, will be completed by another initiative to distribute 1,500 pulse oximeters to employees.
“If we want to continue to grow steadily as a market leader, it is essential to address the economic, environmental and social impacts produced by our activities on the local areas where we operate. Successful sales efforts must go hand in hand with corporate responsibility,” commented Ferretti Group CEO Alberto Galassi. “In recent years, Ferretti Group has reported rapid growth and development, bringing beauty and innovation to the marine industry. We work with many different stakeholders and their sustainability needs and expectations are important in defining the measures we introduce from day to day to manage and mitigate the impact of our growth strategies. For this reason, and to testify to our corporate responsibility, we have decided to embark on a formal process that has led to the preparation of our first Sustainability Report. A first for Ferretti Group and a first for the Italian marine industry.”
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
Dutch shipyard Vitters has signed a contract to build the 63-meter sailing yacht Project Dreamer, with construction set to begin this year at its Zwartsluis facility. The aluminum-hulled vessel, designed to maximize volume within a 500GT limit, is scheduled for delivery in 2028.Malcolm McKeon Yacht Design will handle the exterior styling, which features a radiused transom and an expansive flybridge spanning the full superstructure width with dedicated lounge and dining areas. The design incorporates a mid-lazarette with fold-down hull door for water toy deployment.Milan-based M2Atelier will develop interior spaces characterized by open layouts, natural materials, and botanical elements. Owner's representative Greg Monks stated the project will "set new standards" for flybridge yachts, emphasizing reduced noise/vibration and sustainable operation.Vitters has not disclosed technical specifications, though the yard confirmed construction will adhere to the client's request for optimized interior volume within the 500GT threshold. Additional details will be released during the build process.Vitters Shipyard is a Dutch high-end performance yacht builder. The shipyard was founded in 1990 by Jan Vitters. The company delivered the first luxury sailing boat, the 28m Aphrodite, in 1993. Vitters Shipyard has a crew of dedicated engineers and craftspeople who have a strong eye for detail and the passion to exceed the expectations of its yacht owners. Credits: Vitters
April 28, 2025
Videoworks has completed an innovative audio-visual and connectivity installation aboard Custom Line Navetta 38 Telli, the new yacht owned by Ferretti Group CEO Alberto Galassi. The system eliminates traditional satellite TV (TVRO) in favor of a fully streaming-based approach, marking a technological milestone for yachts in this size category.The setup includes high-performance Starlink maritime antennas delivering speeds up to 220 Mbps, supported by dual 5G modems as backup. "The owner requested very fast Starlink connectivity offering streaming, internet and multiple pay-per-view services," said Giovanni Varone, Yachting Sales Manager at Videoworks. "This is the first time we’ve installed such advanced systems on a project of this size."Audio features K-array and James loudspeakers for exterior areas, while interior spaces utilize Bang & Olufsen’s Beosound Theatre soundbar and Beolab 19 subwoofer. A custom pop-up speaker system was developed for the beach area, integrated with Videoworks’ Slim Audio Matrix for automatic calibration.Beolab 19Control is managed via an HTML5-based web engine, adapting dynamically to tablets, smartphones, and PCs. Hardware is consolidated into two centralized racks and a dedicated decoder distribution unit."This yacht represents the future of onboard connectivity," said Paolo Tagliapietra, Connectivity Solutions Manager at Videoworks. "The complete reliance on streaming is a game-changer for the industry."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
April 28, 2025
The 27.5-meter motor yacht Slow Poke (ex-Coy Koi) has emerged from a comprehensive $8 million refit at Safe Harbor Lauderdale Marine Center, completed in 2024. Originally built in 2000 as part of Kuipers' Doggersbank series, the Vripack-designed explorer underwent a 2.5-year transformation to suit its American owner's preferences for vintage-inspired functionality.Key modifications include a 2.5-meter hull extension with a CFD-optimized bulbous bow, improving speed by 2 knots and reducing fuel consumption by 10%. The redesign also incorporated a hydraulic swim platform and elevated stern. "Slow Poke now has a platform that allows us to engage with the water easily and freely while we explore," the owner stated.The yacht retains its original steel hull and aluminum superstructure, with mechanical systems including rebuilt engines and generators from a 2018 refit. New exterior features include black hull paint with a British racing green stripe and custom awning artwork by Paul Kremer. Interior updates by New York's Redd Kaihoi introduce high-gloss retro styling while preserving Vripack's original layout.Accommodation remains for six guests across three ensuite cabins, including a master suite color-matched to the owner's 1952 Porsche 356A. The vessel maintains its signature split-level flybridge and expanded aft deck spaces."For me, Slow Poke is the perfect three night boat," the owner commented. "It provides the type of tranquillity that you can't get with a bigger boat." Since delivery, the yacht has cruised the West Coast from Mexico to the Pacific Northwest.Vripack is a yacht-design studio with a portfolio that represents over 7400 designs, made strong through its extensive naval architecture and engineering experience. From the moment they opened their doors in 1961, Vripack studio’s approach to design has been governed by the playful interaction between form and function.Credits: Vripack
April 28, 2025
Denison Yachting has revealed the first superyacht project from Turkey's Magnolia Yachts – the 41-meter Magnolia 41m, scheduled for delivery in 2026. The vessel represents the inaugural collaboration between naval architect Gregory C. Marshall and fourth-generation shipbuilder Gökhan Yardimci, combining the Yardimci family's 50 years of maritime expertise with contemporary superyacht design.Constructed with a steel hull and aluminum superstructure, the explorer yacht meets ocean-going specifications with emphasis on fuel efficiency and sustainable operations. Performance figures include a top speed of 15 knots, cruising speed of 13 knots, and a transatlantic range of 5,000 nautical miles at 10 knots.The 485 GT vessel features five staterooms, including a full-beam owner's suite with walk-in wardrobe and spa bathroom. Common areas include a skylounge with alfresco dining, sundeck hot tub, and a main salon with panoramic windows. Interior design employs a neutral color palette throughout guest spaces.Peter Quintal, Yacht Broker at Denison Yachting, stated: "Combining the expertise of Greg C. Marshall and Gökhan Yardimci, we are so excited to give potential owners and yachting enthusiasts the chance to step onboard this stunning superyacht next year. Magnolia 41m blends innovation, craftsmanship and a rich family legacy to create a truly exceptional boat."The Magnolia 41m will be showcased to potential buyers during the 2025 build period ahead of its scheduled 2026 completion.With a rich family history dating back to 1948, Denison Yachting is a leader in the industry, providing comprehensive yachting services worldwide. With over 20 waterfront offices and a team of 90+ licensed brokers, Denison offers superyacht sales, yacht charter, crew placement, and new construction services. Their extensive experience and passion for yachting ensure a long-term perspective and commitment to excellence.Credits: Denison Yachting
April 28, 2025
Henk de Vries III will retire as Director of Feadship and CEO of Koninklijke De Vries Scheepsbouw on 1 May 2025, concluding nearly four decades of leadership in the superyacht industry. He will transition to an Ambassador role for Feadship while maintaining involvement as a non-executive board member and shareholder of the family-owned shipbuilder.Henk de Vries De Vries joined the company in 1987 and became a director/shareholder in 1996 alongside his cousin Tom de Vries. Under their leadership, De Vries expanded to seven operating companies with over 1,200 employees. The group remains fully family-owned and holds a 50% stake in Feadship.A proponent of sustainability, de Vries co-founded the Water Revolution Foundation in 2018 and continues as its Board Chairman. The organization focuses on reducing yachting’s ecological impact through science-based initiatives.Leadership transitions to Roderick de Vries as CEO and Operational Director, with Bas Nederpelt assuming the role of Chief Commercial Officer and Feadship Director. The new executive team brings over 80 years of combined experience at De Vries.Henk and Tom de VriesHenk de Vries stated: “The four members of our new executive board bring with them over eighty years of De Vries experience. Their deep understanding of the company ensures it is in very capable hands.”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
April 25, 2025