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
Feadship has shared new images of the latest 88.38m Zen (Project 816) in the sea trial on the shipyard’s Facebook page. “One foggy morning on the North Sea... The 88.38-metre Feadship Zen moves peacefully through the water; a beautiful sight even on such a bleak day!” says the shipyard. Zen was launched in December 2020 and is going through its test in the North Sea. Her exterior was designed by Feadship’s very own Studio De Voogt. The five-deck yacht has a large swimming pool at the aft and a jacuzzi on the sun deck. Her interior was made by Nauta Design and FM Architettura. Zen has accommodations for sixteen guests, including the owners, who will be served by twenty-five crew members.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, delivering superyachts from 50–100+ meters in length.Credits: courtesy of Feadship/Facebook
March 5, 2021
Italian shipbuilder Overmarine has shared the video of the new Mangusta Oceano 39. This 39m yacht has three decks, a lot of glass on the superstructure, an infinity pool at the aft and another one at the sundeck. Alberto Mancini stands behind the ‘minal, warm and cosy’ interior design, but they can be customized according to the owner’s wishes. A seaside glass villa, as the shipyards noted, the new fast displacement model of the Mangusta Oceano 39 can reach 21 knots and the displacement version can reach 16 knots. Overmarine Group was founded in 1985 by the Balducci family. The shipyard builds open and displacement power superyachts under the Mangusta and Mangusta Oceanco brand names.Credits: Overmarine
March 5, 2021
Northrop & Johnson has announced the sale of the 35.97m Westport motor yacht Isabella by Yacht Brokers Joe Foggia and Paul Daubner, acting on behalf of the seller. The yacht was launched by her renowned American builder in 1999. After a 2017 refit, the yacht presented beautifully. She boasts impressive interior space and a well-thought-out on-deck layout providing abundant spaces for her new owners and guests to relax and socialize.Isabella’s interior was designed by Pacific Custom Interiors, which created a welcoming and elegant main salon outfitted with bespoke furnishings and seating, a full bar and an entertainment center – all of which was built using the highest quality materials by expert craftsmen. The yacht’s formal dining table is located forward of the main salon. Large windows provide abundant natural light and incredible views.She can accommodate ten guests in five staterooms. The yacht’s master cabin is located on the main deck. It is outfitted with a king bed and an impressive ensuite bathroom with a tub and shower. Four additional staterooms are located below deck, each with an ensuite bathroom. The yacht carries a crew of four in two ensuite crew cabins.The exterior decks of Isabella are stylish and were designed by Anderson Yacht Design. The yacht has a large aft deck and foredeck sunpads. Her flybridge is outfitted with a wet bar, barbecue, jacuzzi and lots of space to unwind.Credits: Northrop & Johnson
March 5, 2021
The German based manufacturer of electric yachts and floating solutions Alva Yachts has signed contracts with environmentally conscious yachting dealers from across the world. Alva Yachts has seen strong interest from dealer partners in Scandinavia, Eastern Europe, the Middle East, and Asia. However North America is particularly strong. This is driven by incredibly strong consumer demand for luxury solar-powered catamarans.Alva Yachts dealer networkMathias May, Alva Yachts co-founder and managing director“We are very proud to announce our global network and look forward to further growth as a company with newly gained partners all over the world”, says Mathias May, Alva Yachts co-founder and managing director.Dennis de Roos, Alva Yacht’s Interim Commercial DirectorDennis de Roos (Alva Yacht’s Interim Commercial Director) says: “The main focus is on the growth of the Company and network expansion, with the implementation of a strong dealer structure around the world. To support this mission, the Alva management has established very important partnerships with distributors and dealers in the key yachting areas of the world, where electric and emission-free sea travel has become a key requirement.”Alva Yachts OE60Alva Yachts was founded in Germany in early 2020 by Mathias May and Holger Henn. It was built on the former PICA yachts, which launched more than 40 boats. May brings with him many years’ experience in boatbuilding, and is managing director of a new company based in Bad Pyrmont, Germany. Henn, on the other hand, is a celebrated yacht designer with numerous award-winning designs from 26ft to 82ft under his belt. He has taken on the role of CEO of Alva Yachts.Credits: Alva Yachts
March 4, 2021
Steven Kozloff has announced the new explorer project Arctic Owl in his Goliath Series. The 61m Arctic Owl is fast, light, has a shallow draft and features a helicopter hangar.The U-Boat Worx NEMO submarine can be accommodated in the garage. The submarine’s easy launch and recovery system is Kozloff’s most recent invention. She also has a separate dedicated garage for the tenders, both port and starboard, resulting in an effortless launch and recovery system. Arctic Owl has two aft cranes to load and off-load research equipment.The Arctic Owl can accommodate up to ten guests and six crew members. She features two master cabins with panoramic views, forward and aft, and has four additional rooms that can accommodate two guests each.There is a generously sized spa, swimming pool, and lounging area at the bow. The Arctic Owl cruises at 16 knots for 6,000 nautical miles. Credits: Steven Kozloff
March 4, 2021