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
New sporty 10.7 meter Technohull’s GTX is ready for its World debut. 25 units have already been ordered in anticipation of its premiere. The newest addition to the Technohull range follows the design concept that has been introduced with GT7. Clean design lines with dynamic and sporty edges along with a sharp bow are all geared for top-of-the-line performance under all circumstances and any weather profiles. GTX delivers staggering performance and top of the line handling. Her state-of-the-art DYNASTREAM hull design features a super deep V twin stepped hull, a wave piercing bow and variable deadrise distribution along its length and beam making sure that the owner enjoys speed, handling, and control.The helm’s overall fit and finish enhance the GTX’s already unique cruising experience. A choice between a double seat configuration with a comfortable back-to-back seat or a double row of seats, a wide fully equipped console, a carbon hardtop with full glass windscreen or a high windshield in the case of the open edition.Engine options include a twin configuration of Mercury 250, 300, or 450 as well as twin Yamaha 250 or 300 hp.Being a day boat with a strong emphasis on the essence of spending a day at sea, the GTX boasts ample and comfortable lounging areas both at bow and stern and thanks to her wide beam, her spacious deck offers freedom of movement. Greece company Technohull launched its first hull in 2004. The most popular Technohull models of today include: Omega 45, 38 Grand Sport, 909, Explorer 40 and SeaDNA999. Credits: Technohull
October 4, 2022
At this year’s Monaco Yacht Show Baglietto presented the Seagull brand’s new yacht T60, penciled by Francesco Paszkowski Design. It was unveiled at the press conference during the boat show. 60 meters long and weighing around 1,000 GT, the T60 is the natural evolution of the successful T52, for which the shipyard has already secured six orders without having even launched the first hull yet. On this vessel, the soft exterior lines of her predecessor have become even sleeker thanks to the lighter side buttresses that almost seem to be “hanging” on the water, blending in with the outer ceiling, while the black glass stripe incorporating the portholes – a leitmotiv on Baglietto’s most recent yachts – results in an even more streamlined profile.The layout is brand-new – there are no enclosed spaces on this yacht: the floor-to-ceiling windows of both the main saloon and the upper deck open up completely and, once fully concealed, create new, ever-changing environments that harmonize with the surrounding landscape. The same informal areas that during the day allow to spend time outdoors and enjoy the sea to the fullest are easily converted to take on a more formal and stately ambience in the evening, always maintaining a direct contact with the sea. The beach area, the main saloon and the dining area have been thought out as one single free-flowing space: a 60 sq. m beach lounge – featuring a swimming pool, a bar and a conversation area – welcomes guests on board and leads them to the completely opened main salon. The resulting space is an almost 100 sq. m space developing on two levels plus the dining room, also fitted with glazed surfaces that can be fully opened to create a living area on the water, where guests can relax both during the day and in the evening.On the upper deck are a lounge area and a dining area – also fully convertible thanks to windows that open up completely on three sides – as well as a hot tub and a sunbathing area. At the bow the designer placed a touch-and-go helipad. The sundeck extends over an unmatched 165 sq. m terrace offering a 360° sea view.The owner suite might be located on the main deck. This master cabin features an en-suite night area, a private lounge and a fixed balcony. The shipyard also proposes an alternative configuration, with the entire upper deck transformed into the owner's deck.Four guest cabins, two VIPs and two guests, are located on the lower deck. Forward on the same deck are also the crew quarters, sleeping 11 crew members in six cabins, while the captain’s cabin is on the upper deck, behind the wheelhouse.The garage, which can fit a 23″ tender, two jet skis and a rescue tender, has been arranged forward on the main deck, while a haute-cuisine kitchen can be found in the central part of the vessel.The T60 is equipped with two CAT C32 ACERT engines that will push her to a maximum speed of 16 knots and a cruising speed of 12 knots and is pre-fitted for hybrid propulsion, available upon request.The delivery of the new yacht is scheduled for the end of 2025.Baglietto Spa is an Italian boat builder based in La Spezia specializing in new aluminum light alloy yachts ranging between 35m and 50m in length and steel and light aluminum alloy displacement megayachts starting at 40m.Credits: Baglietto
October 3, 2022
During the Monaco Yacht Show 2022 Meyer Yachts, the superyacht division of the Meyer Werft shipyard, revealed its newest 210m concept. The TWO10 will feature sustainable propulsion solutions. The profile of the TWO10 is kept flat; however, a look at the decks illustrates the yacht's enormous size. Technically the TWO10 relies on green propulsion solutions, for example with fuel cells and battery systems. "Here we show once again what innovations Meyer Yachts is capable of. We design our concepts in such a way that we can also make them a reality in this form. This makes our yachts technology pioneers from which many other types of ships and people will also benefit," explains Jan Meyer, Managing Director. The entire design of the TWO10 focused on novel solutions. In perspective, drones can also be used for passenger transport on the helipad in the bow area and charged directly on board with the green electricity generated onboard. Thanks to the generous space available, there is also room for a complete tennis court, which is fenced in by a fine-mesh net during play. The TWO10's other features include a beach club that extends over two decks and has an infinity pool suspended virtually above the bar. Towards stern swimming guests look thereby by the largest disk, which was ever used also a yacht. The TWO10 concept is the second design after the 150 meter ONE50, which was revealed at last year's Monaco Yacht Show.Meyer Yachts is the superyacht division of the Meyer Werft shipyard. The company was founded in Papenburg in 1795, and our shipyard facilities are still located there to this day. The Meyer family has kept its shipbuilding company on course for 225 year. Meyer Werft is one of the largest and most modern shipyards in the world. Credits: Meyer Yachts
October 3, 2022
Heesen has sold the 55-meter Steel FDHF (YN 20555). The client, an experienced yachtsman, was introduced by Arcon Yachts Monaco. Project Serena has muscular exterior lines from Frank Laupman at Omega Architects and a generous enclosed volume of 760GT. Despite the fact that Project Serena is the seventh in this line, she has a number of features that distinguish it from sister ships. A larger expanse of floor-to-ceiling glass, without mullions, in the main saloon and sky lounge, gives a slightly more aggressive look to the profile, thanks to continuous sheets of tinted glass. The horizontal lines stretch the optical length and balance the air draft. Frank Laupman managed to retain the family look and feel, whilst giving it an elegant and refreshing touch. The design includes a French balcony in the owners’ apartment on the main deck forward, less formal layouts for the outdoor areas that focus on alfresco dining, additional stairways for more fluid circulation, and an extended sun deck layout for additional floor space.Luca Dini Design and Architecture have worked closely with Omega’s team and Heesen’s engineers to optimize the internal layout, make the most out of the 760 GT and enhance the floor-to-ceiling windows. Luca Dini and his team will work on further personalizing the interior design to incorporate the owners’ lifestyle and taste. “This is the second yacht in the 55-meter steel series sold by Arcon, which is an astounding achievement!” comments Friso Visser, Heesen CCO. “The 55-meter steel series is proving to be a remarkably successful yacht – it is big enough to accommodate the luxury expected of a superyacht, and yet small enough to access the more intimate Mediterranean ports. Guests can feel at home during long passages, but also in exclusive places such as Portofino or St. Tropez. We are delighted that such an experienced client appreciated the many qualities of this yacht at first sight!”Like her fore sisters, Project Serena’s beauty lies also below the waterline. The ultra-efficient FDHF devised by van Oossanen and engineered by Heesen’s in-house specialists will deliver reduced fuel consumption and supreme comfort in rough waters. Two MTU 8V4000 M63 IMO III of 1000 kW each will deliver a maximum speed of 15.5 knots and a transatlantic range of 4.500 nautical miles at 13 knots. Project Serena will be delivered in Fall 2024.Heesen Yachts is a Dutch ship building company that specializes in custom-built superyachts in aluminum and steel from 30m to 70m in size. Founded in 1978, it has launched more than 170 yachts since its inception.Credits: Heesen Yachts
October 3, 2022
Design studio 3deluxe has unveiled its FY.01 low carbon-emission superyacht concept. A year ago the studio developed a climate-friendly VY.01 superyacht. FY.01 is a Flettner Rotor powered catamaran superyacht which showcases the benefits of this forgotten innovation. The outcome is a superyacht with incomparable open deck experiences and a strong profile. The new yacht design study illustrates the potential of the Flettner rotor as another powerful element down the path to achieving the goal of zero emissions.“The significant profile of FY.01 can become a clearly visible statement not only for the focus on sustainability and innovation by the future owner but also for an industry on the forefront changing the mindset towards a sustainable hedonistic future,” comments Björn Asmussen, 3deluxe Ocean Director. The Flettner Rotors use rotating vertical pipes to transform wind energy into a highly efficient transversal force. Very much like a topspin in tennis or a curveball in baseball change direction due to their rotation. Responsible for this effect is the so-called Magnus force. Over the recent years this forgotten technology is having a powerful revival due to the availability of new technologies and materials. Currently predominantly on utility vessels companies are starting to substantially increase fuel efficiency on large scale commercial vessels by adding Flettner Rotors.Silently powered by electricity generated by the white solar panels on the roof surfaces of the yacht, the biggest potential is in the incredible efficiency of this system. Depending on the wind conditions, the force generated by the rotor supersedes a sail of equivalent size. The lightweight, up to 40m high cylinders are constructed by sustainable NFC Natural Fiber Composite.In combination with state of the art steering and navigation systems, this allows to reduce the energy consumption and the CO2 emissions of this cruising superyacht by up to 40%. The electric hybrid drives installed in the catamaran bodies of the FY.01 can therefore be optimized in their efficiency. The capacity of the high efficiency batteries will also provide the needed energy over a longer period of time. The 100-meter yacht is a catamaran which serves to provide a steady base for the three almost 30-meter-high lightweight rotors, arranged in a triangular pattern on the superstructure. This layout of the vertical elements ensures the yacht is far from resembling customary sailing boats or motor yachts – and thus heralds the launch of a completely new type of ship.FY.01 is a 20m wide vessel, and provides highly appealing open decks, which might involve a free-floating infinity pool spanned between the hulls via a central protected atrium area midships, or the dramatic bow tips that offer a fire-pit lounge and a shallow, salt-water pool, creating highly attractive spaces in the forward section. Vertical greenhouse modules are integrated into the uppermost deck and provide fresh food for the adjacent open show kitchen. The galley is thus removed from somewhere on the lower decks, brought up topsides to the fresh air – and morphs into a key location for communal and entertaining preparation of meals, becoming the central communicative space on board.Midships are home to the living room, the owner’s space, indoor dining, a small indoor park, and the wheelhouse.3deluxe as a design office with its headquarters in Wiesbaden unites around 40 creative professionals from the areas of architecture, interior design and brand design under one roof. The multifaceted projects receive worldwide attention. The office currently realizes projects in Germany, USA, Dubai, Lithuania, Finland, and Italy.Credits: 3deluxe
September 30, 2022