Bremerhaven-based Lloyd Werft shipyard with 300 employees and the MV Werften in Mecklenburg-Western Pomerania with 1900 employees filed for bankruptcy on Monday, January 10. Both are owned by the Asian conglomerate Genting Hong Kong. The cruise division of the Genting Group has been in trouble because of the Coronavirus pandemic. The MV Werften shipyard was bought by Genting in 2016. The troubles started with the completion of the €1.5 billion cruise ship project Global Dream, which can accommodate up to 10,000 passengers and 75 percent finished.
The German government had earlier said it was willing to discuss a 600 million-euro ($678 million) bailout plan that would protect 1,900 jobs. But German officials made clear that they wanted Genting, which is majority-owned by Malaysian billionaire Lim Kok Thay, to contribute at least 10% to the rescue effort.
“The German government did everything to prevent the insolvency of MV Werften and thereby save jobs,” Economy Minister Robert Habeck told German news agency dpa. “However, the owners rejected our offer of help; the bankruptcy application is the result.”
The Lloyd shipyard was founded in 1857 and in 2021 had launched the 140m superyacht Solaris.
According to the DPA the federal and state governments would continue to discuss the shipyard’s future in the coming weeks.
There are potential buyers for the Lloyd shipyard – the Bremerhaven steel and shipbuilding group Rönner has expressed an interest. At the Monaco Yacht Show 2021 Lloyd Werft Bremerhaven and The A group revealed a 115 meter explorer concept Apex with a range of 9000 nautical miles.
Credits: Lloyd Werft; MV Werften
The 45 meter Bad Company Support is beginning a marlin fishing tour starting at Madeira, Portugal. It will include the Canary Islands, Cape Verde and other destinations along Africa’s west coast.In January the boat was sold and entered a four-month refit at Safe Harbor Lauderdale Marine Center, southern Florida. The modifications centered around the toy and tender storage, specifically the addition of a 10 meter sportfisher on the aft deck. Cradles were added and the layout of the deck was reconfigured to accommodate two tenders and JetSkis. The crane was modified and hatches were added to allow the sportfishing yacht to be easily launched and recovered. The exterior was finished with a coat of custom 'Bad Company gray' paint. The support yacht was formerly known as Joy Rider and was known as Pink Shadow when she was purchased by Hsieh in January.The Bad Company Support is one of ten vessels owned by Anthony Hsieh, the most recent addition to this fleet is Damen's 53 meter YS 53, the first hull in an innovative new series to be delivered next year.The other nine yachts in the fleet include the 44 meter Trinity's Bad Company – the largest sportfisher in the world – which has also emerged from a comprehensive refit at Safe Harbor Lauderdale Marine Center. The yacht will be based around South Florida and the Bahamas.The fleet also supports Hsieh’s charity “War Heroes on the Water”, which aids war veterans through sportfishing tournaments. In 2021, the charity raised $1.35 million to benefit combat-wounded veterans.Damen Yachting, a division within the Damen Shipyards Group, was created in 2019. The division combines the pedigree and heritage of Amels yachts with a growing portfolio of SeaXplorer yachts and Yacht Support vessels.Credits: Damen Yachting
August 12, 2022
Numarine has shared the interiors of the 37m explorer Chapter 3. Chapter 3 became the second hull of the series and delivered for an American client. She was sold by Denison Yachting. “The design features onboard surpass anything else in this class on the market today,” says Alex G.Clark, Numarine representative in Denison Yachting.At 37.16 meters in length, the crossover exterior styling of the 37XP series is by Can Yalman with naval architecture by Umberto Tagliavini. The refined main saloon is furnished with elegant upholstered furniture, decorated with items with marine patterns. The dining area can accommodate 12 guests and features full height sliding glass windows. A media room with a large TV became one of the yacht's highlights. The yacht can accommodate up to 12 guests in six staterooms with a crew of seven. The twin CAT-MAN 800-hp engines provide a redline speed of 14.5 knots, a cruising speed of 12 knots and a range of 6,000 nautical miles at 8 knots.She is scheduled for debut at the Cannes Yachting Festival 2022, after that the yacht will go on to appear at the Fort Lauderdale Boat Show.Numarine, a European high-performance motor-yacht shipyard headquartered in Istanbul, offers a range of yachts from 19 to 45 meters.Credits: Numarine
August 12, 2022
The recently delivered 45m ISA Aria SF was spending her first season in the Mediterranean and caught fire off the coast of Formentera, Spain yesterday at 17.00 local time. After receiving a distress signal, two boats were sent to help, but their attempts to extinguish the flames were unsuccessful. Nine guests and seven crew members were evacuated from the ship. As far as is known, no one was hurt. The cause of the fire is not known.ISA GT 45 was launched in April 2022 with steel hull and aluminum superstructure. Her interior style was made by Luca Dini Design & Architecture, while her naval architecture was developed by Palumbo Superyachts technical team, the exterior design was made by Team for Design – Enrico Gobbi.The yacht is equipped with 2 CAT C32 ACERT engines of 1300 hp each reaching a maximum speed of 16 knots and cruising at 14.5 knots. Aria SF was going to have her world premiere at the next Cannes and Monaco 2022 boat shows. Unfortunately, after the incident the yacht will be towed to Ibiza at Salvamento Marítimo.Palumbo Superyachts took root in 2008, when the Columbus Yachts brand was established, and in 2011 it launched its first 54m superyacht, emblematically christened Prima (the First). Currently, Palumbo Superyachts comprises a representative office in Monaco and a logistics network of five shipyards in the Mediterranean (Ancona, Malta, Marseille, Naples, and Savona); it also operates the following brands: ISA Yachts, Columbus Yachts, Mondomarine, Extra Yachts and Palumbo SY Refit.Credits: ISA Yachts; @nachocandel_/Twitter
August 12, 2022
Southern Wind has shared the latest renderings of the shipyard's new 35 meter SW108 Hybrid sailing yacht. The first Southern Wind project to be conceived and engineered as hybrid from its origin and will open the world of green performance sailing. First images were revealed in the spring of 2021. The first hull is currently undergoing the final stages of the lamination process and is scheduled for delivery in 2023. The SW108 Hybrid is based on a versatile design platform that can be adapted to suit her owner’s expectations. The yacht was penned by Nauta Design and Farr Yacht Design.The SW108 Diesel Electric Hybrid propulsion system is designed in collaboration with BAE Systems, the diesel electric system is based on a combination of two highly efficient generators with a high-voltage lithium battery bank and electric propulsion motor. This system allows for a more efficient consumption of fossil fuels while achieving a lower level of harmful emissions.The deck and interior design can be fully customized. Both the owner’s cabin forward and aft configurations, feature three guest cabins amidships. This four guest cabin arrangement allows for a spacious and enjoyable L-shaped social area forward of the saloon that includes living and dining areas and a TV lounge. All guest cabins can be conceived as multifunctional to be used as an onboard studio with a day head, a gym/sauna or converted into a regular cabin.SW108 Hybrid can host a 5m tender. Southern Wind is a boutique bluewater sailing yacht shipyard founded in Cape Town in 1991. Since its foundation, SWS has specialized in the production of semi-custom high-performance superyachts. Credits: Southern Wind
August 11, 2022
MarineMax, the world’s largest recreational boat and yacht retailer, has announced that it has entered into a definitive agreement to acquire Island Global Yachting LLC (“IGY Marinas”).MarineMax will acquire IGY Marinas for $480 million in cash, with an additional potential earnout of up to $100 million two years after closing, subject to the achievement of defined performance metrics. IGY Marinas, through recent acquisitions and organic growth, is projected to generate over $100 million of revenue in 2022. Subject to the satisfaction of customary closing conditions, MarineMax expects the acquisition to close in the first half of fiscal 2023 and to be accretive within the first twelve months of closing.IGY Marinas is a global network of 23 curated marinas in the Americas, the Caribbean, and Europe. It is further bolstered by the exclusive Trident superyacht membership program, expansive service offerings, and comprehensive yacht management platform. IGY Marinas is also the venue for exclusive events such as the Cannes Yachting Festival. “We are delighted to announce our acquisition of IGY Marinas, a transformative transaction for MarineMax, that significantly strengthens our ability to provide the best customer experience to yacht owners around the world,” commented W. Brett McGill, Chief Executive Officer and President of MarineMax. “The addition of IGY Marinas positions MarineMax as the preeminent leader in the superyacht industry — the only company able to offer an integrated experience coupling high-value superyacht berthing and marina services in premier locations with exclusive superyacht service offerings. Moreover, this investment continues to diversify our business mix with not only higher margins but also a larger geographic footprint, especially in highly desired destinations in the Mediterranean and the Caribbean.” IGY Marinas will maintain its luxury branding that is well recognized as best-in-class in the global marina and superyacht communities. Tom Mukamal, CEO of IGY Marinas, and the IGY Marinas existing management team will continue to lead the growth and operations of the business.Credits: IGY Marinas
August 11, 2022