Mangusta launched the first unit of the new GranSport 33 series

Superyachts are one of the most prestigious assets in the world, however the ability to acquire a superyacht unfortunately doesn't always prevent you from a number of mistakes when purchasing and operating it.Below we are listing 5 common mistakes experienced by quite a few newly made superyacht owners:1) Purchasing a superyacht that is too big to handleNot only would you have to pay for the numerous crew, but you would also have other significant expenses accrued, reaching up to 10% of the yacht’s price. Moreover, if your usage of the yacht is categorized as active, those expenses can get even larger. You also have to think about the fuel, parking in the marina, electricity, agent fees, surveys, technical support for the numerous installed equipment and even more.2) Choosing and working with a broker with not enough experienceSuperyachts are a particular category of vessels that require special treatment. You need to make sure that the broker you are working with is specializing exactly in superyachts. You should always ask for adequate figures for this type of vessel, and the broker must seriously pre-inspect the yacht before providing an offer.3) Appointing a dealer representative as your yacht managerA dealer representative’s main goal would be to safeguard the interests of his main employer and to increase profitability of his company by selling more yacht-related services. What’s more, when you have any issues with the warranty, there are high chances that you will end up losing that dispute, as your yacht manager will be defending the dealer’s interests primarily.4) Having lack of technical supervision over the construction of the yachtIt’s critical to have an independent technical control over yacht’s construction. It’s always important to know that a Dutch shipbuilder differs from an Italian one. Dutch shipbuilders would never start doing anything without an approved plan, while Italians would rather place a pipeline or cable at any appealing place. Therefore, it’s very important to have an independent technical overview during the yacht’s construction.5) Purchasing a superyacht without any advice from a consultantYou might have a law degree, but without any relevant experience it is likely that you will not get a favorable outcome. You always need to consult with an independent expert (broker or yacht manager) before ordering a yacht, preferably with a person who has substantial experience in operating a super- or megayacht.

The 59th Antigua Charter Yacht Show was originally planned to be held from December 4 to December 9 but is now cancelled due to the coronavirus pandemic.Last year’s 58th Antigua Charter Yacht Show took place at the Nelson’s Dockyard Marina in English Harbour, as well as in the Falmouth Harbour Marina and the Antigua Yacht Club Marina both located in Falmouth on December 4-9, 2019, and featured quite a few beautiful superyachts of up to 90 metres.The resurgence of Covid-19 has resulted in increased risks to everyone who wanted to participate in the Antigua Charter Yacht Show, but the organizers hope that the 60th event in 2021 will take place with improved conditions for Press, Captains, Brokers and Vendors.

Bravo Yacht Design (BYD) Group has revealed its new 75-metre superyacht concept - Bravo 75 - inspired by the sailing yacht design.Photo: © BYD GroupThe yacht’s interior is light and airy as a result of the large windows inside. The vessel was specifically designed to accommodate on board a total of 12 guests in its large cabins - one VIP, one twin and three doubles. Whereas the crew area can accommodate up to 21 staff members.Bravo 75's hull was inspired by the sailing yachts - its curve from the stern to the bow shows the difference in the sailing yacht and motor yacht styles. Photo: © BYD GroupThe new yacht will feature electric engine with azipods, diesel and hydrogen engines. The concept is projected to have a top speed of 18 knots and a cruising speed of 14 knots.The yacht will also have a helipad at the bow. Photo: © BYD Group

Lürssen, the leading shipyard based in Germany, is well-known for its large luxurious yachts. One of Lürssen's superyachts has been spotted in Phuket, Thailand. The 85-metre Amatasia, which was originally called Areti, was designed and built to fit large groups of guests. It features eight large suites and a beautiful master suite - spread across the three decks.Among the yacht's other stunning features are the helipad at the bow and the luxurious spa on the lower deck: it has a plunge pool, a hot tub and sauna. The guests also have access to the large beach deck.

The Italian shipyard Arcadia Yachts revealed that it is launching another A85 hull with the interior renewed by Milan-based studio Hot Lab. The yacht will offer 100 square metres of living space on the main deck with a plenty of room for guests, and 35 square metres on the lower deck, enabling everyone on board to enjoy their time on the water. The 18th hull will have unique features with classic marine and muted palette.Hot Lab’s head of design Enrico Lumini told that in the process of “renewing the décor of the interiors, they focused on small style changes to create a fresh, modern mood that was suitable for the Arcadia A85”.Photo: Arcadia Yachts"The A85 is an iconic model, not just for Arcadia, but for the entire yachting market”, as Ugo Pellegrino, CEO of Arcadia Yachts, commented.The vessel can accommodate up to 8 guests in its 4 staterooms. It is able to reach a speed of 18.5 knots and cruise at 16.5 knots with no difficulties as she has the twin Diesel MAN 730 hp engines.