The first superyacht ever built by Italian shipyard Fincantieri, the 134-meter Serene was delivered in 2011 to Russian billionaire, Yuri Scheffler. As was later revealed, the oligarch sold his superyacht in July 2015 to Saudi Arabia's deputy crown prince, Mohammed bin Salman for $458 million.
Featuring a salt-water swimming pool, a supersized hot tub, a sauna in front of the sea and a fully-operational helipad, Serene became known in yachting as one of the most inspiring superyachts ever completed.
At the time of her delivery, Serene was the 9th largest yacht in the world, barely topping the Emir of Qatar's 133-meter Al Mirqab and outdone by David Geffen's 138-meter Lurssen, Rising Sun. For the state-controlled Italian shipyard, Fincantieri, Serene was, however, the first yacht the company ever built, having primarily focused on commercial ships before.
Currently the 15th largest yacht, Serene turns heads anywhere she goes, not only due to her giant-like size, but also her exterior lines drawn by Espen Oeino and series of innovations in the interior.
Following the sale, her former owner, Scheffler claimed that Fincantieri's second yacht, the 140-meter Ocean Victory built for Russian billionaire, Viktor Rashnikov, had infringed on his intellectual property by building the superyacht on the same platform as Serene. As a result, Scheffler filled a suit against Fincantieri claiming €20,9 million from the shipyard in damages.
Whereas it is unknown how much exactly Scheffler spent building the 134-meter Serene at Fincantieri, it is widely believed in the superyacht sector that the vessel was sold at a profit by Scheffler to the Saudi Arabian deputy crown prince. As revealed by media as part of the Paradise papers, Serene was sold for €420 million.
At the time of the sale, some publications had reported that the sale was closed within several hours with the buyer having asked Scheffler to vacate the yacht within hours of the purchase. The new documentation that emerged through the Paradise papers leaks, however, tells a different story as the sale took at least 10 days to close. Before it could change hands, Serene had to cruise into international waters.
Stretching over a beam of 18.5 meters, Serene is 6 decks tall and boasts a myriad of amenities that few five-star hotels have. One of her most noticeable features from the outside is her supersized bathtub located aft of the sundeck.
One of the seven pools onboard Serene, the Jacuzzi on the top deck is surrounded by lounging pad for sunbathing. Forward of the hot tub is a fully-stocked, wet bar underneath the yacht's observational deck that features an additional set of sun loungers.
Up on the sundeck is yet another spa pool surrounded by lounging pads, located forward of the deck. This particular pool features bar stools and is connected to a fully stocked bar surrounded by two additional hot tubs. A table for casual dining can also be found in the shaded area of the sundeck.
Serene's interior was designed by British design studio Reymond Langton, incorporating a sophisticated mix of cream and dark colors with wooden fixtures. Offering views from any imaginable vantage point, Serene's sky lounge is equipped with a myriad of sofas, chairs and coffee tables for cocktails and tea.
A more formal location designed for the entertainment of larger groups, the main lounge features white colors with dark tones. At the center of the room is a piano with cocktail tables spread out across the room. Interestingly, this lounge sits just over the main dining room with its chandelier hanging through the two spaces and letting the music spread.
The formal dining area features two tables, capable of each accommodating up to 12 guests, bringing the total to 24 guests. Its layout, however, allows for the possibility to extend the table in order to hold larger banquets. On both sides of the room are floor-to-ceiling windows. In terms of food, Serene features a fire pizza oven as well as a teppanyaki grill.
Each space on Serene features a different set of colors, all coordinated across one central theme that spreads around the yacht with circles both on the floor and on the ceiling to create a sense of symmetry. Some of Serene's unique features include an indoor climbing wall as well as an underwater observation lounge.
The 134-meter yacht can carry a total of 24 guests across 12 staterooms divided into one master suite with essentially an owner's deck, a VIP cabin, three twin cabins and seven double staterooms. Serene carries a crew of over 40 people onboard.
Prior to the yacht being sold to the Saudi Arabian crown prince, Serene was made available for charter to select guests by Scheffler. These have included Microsoft founder, Bill Gates, who reportedly chartered Serene at a price tag of $5 million per week during the summer of 2014.
In addition to her vast interior spaces, Serene's exterior lounging spots have been optimized to best utilize the space onboard the 134-meter superyacht. Forward on the bow, for example, forward of the commercial-grade helipad can be found a lounging spot on the bow of the yacht. Although a long walk from the aft deck, these spaces are often used for maximum privacy when moored in a harbor.
Perhaps the most unique space onboard Serene is her swimming pool located aft of the main deck under a retractable glass roof. Up on the main deck, this opening can be closed with glass panels and is surrounded by lounging areas.
One of the most advanced swimming pools ever built on board a superyacht, it is the key element of the beach club that stretches for a large portion of the yacht's lower deck. Within the pool area are two additional Jacuzzis for the yacht's guests to relax in. On both sides of the yacht are lounging areas with access to the sea through foldable platforms.
Serene's beach club facilities, however, do not stop just with its pool. The superyacht features a full-sized spa with a sauna room with glass doors looking out onto the sea through a foldable platform. Next to the sauna are a hammam as well as a snow room.
Lighting systems were installed throughout Serene's exterior to ensure that the yacht could boast a sleek look at night as well as during the day. During the summer, the yacht could previously often have been seen lighting up Monaco and the Côte d'Azur.
Photo by Julien Hubert
Following her sale to the deputy crown prince of Saudi Arabia, the yacht started spending time in the Persian Gulf. During the summer of this year, Serene ran aground on a reef near Tiran Island in the Red Sea. Some damage is believed to have been sustained to her bow at the time, although the superyacht has been repaired since. Several days ago, she cruised to a shipyard in the Netherlands for maintenance work.
Currently valued at $1,6 billion by Forbes, Yuri Sheffler made his fortune in the alcohol business. Venturing into business in 1993, Sheffler made a series of moves that got him the rights to brands of vodka such as Stolichnaya, which was previously owned by a state-owned corporation. This has put him at the center of long litigations with the Russian government over the ownership of the brand.
Having left Russia for Switzerland and the United Kingdom during the early 2000s, Sheffler is currently the main shareholder in SPI Group, a conglomerate that sells alcohol under 380 brands in 160 countries. Earlier this year he acquired an estate in Scotland at an asking price of £25 million.
In 2014, Fincantieri launched its second megayacht, the 140-meter Ocean Victory which was commissioned by another Russian oligarch, Viktor Rashnikov, whose net worth is estimated at $4.8 billion. Prior to its launch in December 2014 however, Fincantieri was ordered to pay €20.9 million to Serena Equity Limited (the company controlled by Shefler that owned Serene) by London courts.
Shefler's main claim was that Fincantieri had used Serene, on which the billionaire says he holds intellectual property, to develop Ocean Victory which he says is a near sistership. In fact, both superyachts boast an exterior design by Espen Oeino and seem to have similar technical characteristics.
As such, English courts have granted Shefler €13,2 million for the violation of his intellectual property and €7.7 million for late deliveries, which were to be paid by Fincantieri where the Italian government holds a 70% controlling stake. Fincantieri, however, filed a motion in Trieste's Court of Appeals in 2015 to dismiss the fact that London's ruling applied.
Mohammad bin Salman, born in 1985, is the deputy crown prince of Saudi Arabia and currently sits as the youngest defense minister in the world and the first deputy Prime Minister of Saudi Arabia.
Julien Hubert
From a technical standpoint, Serene can reach a top speed of 25 knots and cruise at 15 knots. Reportedly, her interior volume comes in at 8,231GT, ie, half of Dilbar, the world's largest yacht by gross tonnage.
Italian shipyard AB Yachts, part of Next Yacht Group, has unveiled the AB 110S, a sportier version of its AB 110 model. The 33.7-meter yacht marks AB Yachts' first collaboration with automotive design firm EXE Design, incorporating elements such as a raked windshield and lightweight profile."We also boast over 20 years of experience in naval architecture. [And] this cross-sector approach is the real added value of our work," said Stefano Bedoni of EXE Design.Key features include multiple retractable systems: a sliding cockpit cover, a sunroof between the helm and saloon, and a hardtop that can cover either the helm station or sunpad. The main deck integrates a sunbathing area and a bar serving both indoor and outdoor spaces. A forward "flying couch" provides elevated seating with panoramic views.Powered by three MAN V12X-2200 engines, the AB 110S reaches 48 knots. The engine room is fully soundproofed to minimize noise and vibrations. No pricing or delivery details were disclosed.Italian shipyard AB Yachts was founded in 1992. In 2001, AB Yachts was acquired by the Fipa Group. Today Next Yacht Group is the owner of the historic Maiora, AB Yachts, and CBI Navi brands. AB Yachts range consists of semi-displacement yachts from 17.70 to 42 meters.Credits: AB Yachts
June 26, 2025
Cantiere del Pardo has introduced the Grand Soleil 65 Performance, a performance-oriented evolution of its 20-meter sailing yacht series. Following the Long Cruise version, this model emphasizes speed and responsiveness while retaining onboard comfort. The yacht made its debut at the Palma International Boat Show in May.As part of the Plus Line for vessels over 18 meters, the 65 Performance involves owners in the customization process from initial design stages. Franco Corazza, project manager for the Plus Line, stated: "The 65-footer is the result of a totally Made-in-Italy design process that brings together a team of professionals representing Italian excellence in the yachting sector." Naval architecture was handled by Matteo Polli, structural design by Marco Lostuzzi, and layout by Nauta Design.Environmental considerations include sustainable teak, laminated glass insulation, linen-reinforced composites, water-based paints, and solar panels. The hull utilizes epoxy-infused biaxial fiberglass and carbon reinforcements, with construction processes meeting strict quality certifications.Matteo Polli's design adapts features from the larger Grand Soleil 72, including a V-shaped bow for reduced drag and improved light-wind performance. The sail plan positions the mast aft to maximize the foretriangle, with a self-tacking jib as standard for simplified handling. Underwater, an inverted T-keel and single rudder balance stability and maneuverability, offering draft options of 3.5 meters (standard), 3.0 meters (shallow), or telescopic configurations.Nauta Design optimized deck space and interior flow, lowering the saloon to align with cabin levels for improved continuity. The coachroof's tapered profile distinguishes it from the Long Cruise version's panoramic windows. Massimo Gino of Nauta Design noted: "Our challenge was to convey a sense of motion and energy while preserving comfort, functionality, and style."Interior materials are customizable, with owners selecting finishes from the shipyard’s portfolio. No pricing or delivery timelines were disclosed.Cantiere del Pardo was founded in 1973 in Italy. Pardo Yachts, the brand of Cantiere del Pardo dedicated to powerboats, was born in 2016. The first model, the Pardo 43, was launched in 2017. Grand Soleil was founded in 1973 and is famous for its yachts, which ensure performance for regattas, autonomous long-distance navigation, as well as a high level of sustainable consciousness.Credits: Grand Soleil Yachts
June 26, 2025
Denison Yachting has announced the availability of the fourth hull in the Conrad C144S series, priced at EUR32 million with a two-year delivery window. The vessel follows three previous models, including the award-winning Ace (hull 1), Extra Time (hull 2), and the upcoming Moonlight (hull 3), the latter two sold by Denison.Built by Conrad Shipyard in Gdańsk, Poland, the 44-meter C144S is a full-displacement superyacht with a steel hull and aluminum superstructure. The design features exterior styling by Reymond Langton Design and naval architecture by Diana Yacht Design, emphasizing seakeeping performance. The "S" designation refers to the straight bow, which increases interior volume while maintaining a streamlined profile.Interior options include the original M2 Atelier concept seen on earlier models or alternative designs, such as Nauta Design’s understated approach chosen for Moonlight. The yacht accommodates 10–12 guests across a full-beam owner’s suite and four VIP cabins, with crew quarters for nine.Key features include a sundeck with a hot tub, infinity pool, and outdoor cinema, along with a beach club featuring a wet bar and wellness area. Storage capacity includes a 7-meter tender, two jet skis, and multiple SeaBobs.With a transoceanic range exceeding 4,000 nautical miles, the C144S cruises at 11 knots (max 13.8 knots) and complies with IMO Tier III and Lloyd’s MCA LY3 standards."The C144S represents a proven platform with award-winning design and strong value in the 500GT segment," said Denison broker Alex Clarke. Delivery is scheduled for 2027.Conrad Shipyard is located in Gdansk, Poland and specializes in building steel, and aluminum luxury yachts ranging from 24 to 100 meters in length.Credits: Denison Yachting
June 26, 2025
The Italian Marine Industry Association will present the 65th Genoa International Boat Show at Expo 2025 Osaka on June 30, highlighting the Mediterranean’s largest boating event and the world’s third-largest boat show.The Japanese presentation serves as a strategic platform to reinforce the Genoa International Boat Show’s position as a global hub for promoting Italian marine manufacturing. The event is part of Liguria Week at the Italian Pavilion, aiming to demonstrate Italy’s leadership in the boating sector.The Italian boating industry achieved a record global turnover of €8.33 billion in 2023, marking a 13.6% increase from the previous year. Exports surpassed €4.3 billion, with Italy leading worldwide superyacht production (>24m) and inflatable boat manufacturing. The sector supports over 200,000 jobs with a 90% export rate.Organized by the Italian Marine Industry Association – Confindustria Nautica, the Genoa International Boat Show has maintained its status as a global reference point for the marine industry for 65 years. According to Nielsen analysis, the event generates between €65 and €70 million during its duration and attracts industry professionals from over 30 countries.Alessandro Gianneschi, Vice President of the Italian Marine Industry Association responsible for promoting Made in Italy production, commented: “With its presentation at Expo Osaka, the Genoa International Boat Show, organised by the Italian Marine Industry Association, continues in its role as an ambassador of the Made in Italy brand across the world and of the industrial value of the boating sector. For 65 editions, the Genoa International Boat Show has promoted and supported the boating industry, thanks to its specific nature as a supply chain event, designed and organised by the Italian Marine Industry Association, an Association of Companies for Companies, and has fostered such an exceptionally positive trend over the last twenty years, accompanying the sector’s businesses on a journey defined by growth and excellence.”The 2025 edition will take place from September 18-23 at the new Levante Waterfront venue designed by architect Renzo Piano. The 20,000 sqm event features five interconnected product areas: Yachts & Superyachts, Sailing World, Boating Discovery, Tech Trade, and Living the Sea. The venue’s unique design allows 85% outdoor space for sea trials and seamless visitor access.The show will also host the 4th World Yachting Sustainability Forum and the Design Innovation Award, recognizing creativity and technological excellence among new products.Credits: Confindustria Nautica
June 26, 2025
The centenary edition of the Royal Ocean Racing Club’s Rolex Fastnet Race is set to feature a fierce competition among the world’s fastest 100-foot maxi yachts vying for the prestigious Erivale Trophy for monohull line honours.The main contenders this year are Black Jack 100, owned by Ramon Vos, and SHK Scallywag, belonging to Seng Huang Lee. Black Jack 100, originally Alfa Romeo II, underwent a complete refit in Italy. Skipper/project manager Tristan le Brun noted: “We’ve done a full overhaul of all systems… We’ve replaced all the moving parts.” The yacht features a revised sail plan with a reduced mainsail and enlarged foretriangle.SHK Scallywag, formerly Ragamuffin 100, has a notable racing history. In the recent Rolex Middle Sea Race, it finished 18 minutes ahead of Black Jack 100. The yacht recently won the Loro Piana Giraglia.Another strong contender is Leopard 3, owned by Joost and Laura Schuijff. Long-term skipper Chris Sherlock reported: “We had a new rig and a new sail package and we reduced the weight of the boat by 10 tonnes.” The yacht is preparing for the event after winning the Rolex IMA Maxi 1 World Championship in Porto Cervo last year.The fleet also includes VO70 yachts, with Christian Zugel’s Tschüss 2 being a strong contender. The yacht, originally Groupama 70, has an impressive racing record, including victories in the Volvo Ocean Race, RORC Caribbean 600, and the Transatlantic Race.The current monohull race record stands at 2 days, 7 hours, 16 minutes, and 26 seconds, set by Charlie Dalin’s IMOCA MACIF in the previous edition. The race presents the unique opportunity for a yacht to achieve the ‘triple’ — winning line honours, IRC overall, and setting a new race record. The last to achieve the ‘double’ (line and IRC honours) was Ludde Ingvall’s Nicorette in 1995.The race, which covers 695 miles to Cherbourg, will test the yachts’ capabilities in various conditions, with the potential for record-breaking performances.Credits: Royal Ocean Racing Club
June 25, 2025