MB92 Group has finalized its acquisition of GYG, a leading painting, service, and supply firm, as part of its strategy to strengthen its presence in the superyacht sector. The deal, completed on December 31, 2024, aligns with MB92’s goals of enhancing service offerings and driving innovation in a rapidly evolving market.
GYG, known for its brands Pinmar, Pinmar Yacht Supply, and Technocraft, will continue to operate independently in Europe and the U.S. This arrangement allows MB92 to integrate GYG’s expertise in painting and supply services with its own extensive refit and repair operations, while maintaining operational autonomy.
Pepe García-Aubert, chairman of MB92 Group, expressed optimism about the partnership. “Over the past 30 years, our collaboration with GYG has been built on shared values and mutual respect. We look forward to leveraging this relationship to advance sustainability and innovation initiatives for the superyacht community.”
Squircle Capital, the private equity firm backing MB92, supported the acquisition. John Nery, Squircle’s head of investments, highlighted the benefits of MB92’s financial backing, which is expected to bolster GYG’s operational capacity and strategic growth.
GYG CEO Remy Millott emphasized the potential for expanded services and digital innovation, describing the acquisition as a pivotal moment for the company’s future development.
For 26 years the MB92 Group comprises the refit and repair shipyards MB92 Barcelona and MB92 La Ciota. Both sites offer unrivalled facilities and employ a workforce of over 300 in-house professionals. In 2019, MB92 was acquired by Squircle Capital, a European alternative investment firm focused on private equity and real estate value-add investments.
Credits: MB92 Group
Sirena Yachts has introduced the Sirena 60 at boot Düsseldorf 2025, a model designed to succeed the popular Sirena 58. The new yacht offers increased space, upgraded features, and a contemporary aesthetic, with its world debut scheduled for the Cannes Yachting Festival in September 2025.The Sirena 60, designed by German Frers, retains the signature features of its predecessor, including flexible accommodation and distinctive exterior lines. However, the yacht has undergone significant updates to enhance its functionality and visual appeal.Changes to the exterior include a redesigned transom, which provides additional platform space and modernizes the stern’s appearance. Larger storage lockers and improved access to the dock have also been incorporated. The foredeck lounge features new seating arrangements, a larger foldable table, and convertible sunpads, making it ideal for outdoor dining and relaxation. The flybridge, another hallmark of the Sirena 58, has been refined with modernized pilot seats, a Corian worktop in the bar, and a new convertible headrest for the sunpad.Interior updates focus on optimizing space and usability. The galley area has increased by nearly 20%, with expanded work surfaces and enhanced storage. New ergonomic pilot seats and a redesigned indoor helm station improve comfort and functionality. Below deck, the yacht maintains its three-cabin configuration, including a full-beam master suite, a spacious VIP cabin, and a flexible third cabin with convertible beds. Ensuites now feature separate shower areas, and additional storage options have been integrated.The Sirena 60’s design eliminates rounded edges in favor of cleaner lines, freeing up more usable space throughout the yacht. Added details include new niches in Corian and space for a washer-dryer below the companionway.Construction of the Sirena 60 is well underway, with hull and deck moulding complete and outfitting in progress. The yacht is set to launch in July, with Sirena emphasizing the improvements aimed at enhancing onboard living and leisure.Sirena Yachts is a Turkish yacht brand. The company produces semi-displacement motor yachts ranging from 17m to over 30m.Credit: Sirena Yachts
January 20, 2025
As 2025 begins, Southern Wind has announced significant developments, including the introduction of its new flagship, the SW123, alongside three additional yachts currently under construction.The SW123 represents Southern Wind’s largest and most advanced yacht to date. Designed by Farr Yacht Design for naval architecture and Nauta Design for exterior and interior styling, the SW123 combines performance, sophistication, and a focus on responsible design. As a customizable platform, it aims to deliver long-range cruising capabilities with comfort and luxury. Construction of the first SW123 is underway, with a scheduled launch in February 2027. The yacht will also be available for charter, reflecting the owners’ intent to share their passion for sailing.Southern Wind’s shipyard in Cape Town is currently managing a robust order book for 2025, with four yachts under construction:SW108#03: Scheduled for launch in November 2025, this third unit in the SW108 series builds on the success of its predecessors, including the regatta-winning SW108#01 Gelliceaux. It is designed for superyacht racing and global cruising, tailored for a youthful and dynamic owner.SW96#06: Launching in May 2026, this sixth unit in the SW96 series integrates speed and elegance. Commissioned by an experienced sailor, the yacht is optimized for both offshore and coastal racing and will debut in regattas in 2026.SW100X#01: The first yacht in the new SW100X miniseries, set to launch in October 2026, introduces a modern crossover concept. Key features include a 20.2 sqm Seaside Lounge that connects directly to the sea. This yacht is designed for versatility, offering comfort and performance with easy handling for reduced crew operations.Southern Wind’s "Smart Custom" approach, blending tailored customization with proven platforms, continues to attract owners seeking reliable, high-performance yachts that align with their personal sailing aspirations. The strong order book for 2025 underscores the resonance of this concept within the sailing community.These developments reflect Southern Wind’s commitment to advancing luxury yacht design while maintaining the core values that define its reputation in the industry.Credit: Southern Wind
January 17, 2025
Silent Yachts is preparing for a busy year in 2025, building on significant achievements in 2024. The company delivered six SY62 models over the past year and plans to increase output by 50% in 2025, including the launch of its new flagship, the SY80. The shipyard in Fano, Italy, is operating at full capacity, with seven yachts in advanced stages of construction and scheduled for delivery in the first half of the year.Under new management since March 2024, Silent Yachts implemented a modular construction system at its shipyard. This approach allows yacht modules to be built simultaneously and assembled in the final production phase, streamlining the process and improving efficiency. The company now achieves a production rate of one yacht per month. According to CEO Fabrizio Iarrera, this restructuring played a pivotal role in the company’s successful year, marked by the delivery of the triple-deck SY62 and its global debut at the Cannes Yachting Festival.Silent Yachts expanded its visibility in 2024 through participation in several prominent boat shows, including its first appearance at the Venice Boat Show and the debut of the SY62 3-Deck Open at Cannes, where it won the "Most Efficient Yacht" award at the World Yachts Trophies. The company also increased its presence in the US, opening a new commercial office at Fort Lauderdale’s Safe Harbor Marine Center to strengthen its sales and after-sales support.The year also saw the establishment of a dedicated Silent Yachts charter network, with operations in the Caribbean and the western Mediterranean, offering potential customers the chance to experience its yachts firsthand. A 10-day sea trial program in the Bahamas highlighted the compatibility of Silent Yachts with environmentally sensitive areas, thanks to their low draft and silent electric propulsion systems.Silent Yachts is set to continue its international outreach in 2025. The SY62 3-Deck Open will be on display at the Palm Beach International Boat Show from March 19–23. The SY62 3-Deck Closed, featuring an enclosed upper deck with panoramic views, will make its debut at the Singapore Yachting Festival from April 10–13. In addition, the SY80 flagship is scheduled for launch later this year.Looking further ahead, Silent Yachts is collaborating with superyacht designers Nuvolari Lenard on a new 70-footer expected to launch in 2026. According to Iarrera, the company remains committed to innovation and is working on new models while expanding its presence in key markets.Credit: Silent Yachts
January 17, 2025
Ferretti Group will mark the start of 2025 with the unveiling of the Riva Iseo Super at boot Düsseldorf, the world’s largest indoor boat show, scheduled from January 18 to 26. The event will feature six yachts from the Group, highlighting its recent developments.Ferretti Yachts 500The Riva Iseo Super will debut as an updated 27-foot runabout, designed to build on the features of its predecessor. This model incorporates new technical elements and design refinements aimed at enhancing the cruising experience.Riva El-IseoThe Ferretti Group’s exhibit will also include the Ferretti Yachts 500, a flybridge model focused on comfort and functionality; the Dolceriva, a 48-foot open yacht with a contemporary design approach; the Riva El-Iseo, the company’s first fully electric powerboat; the Pershing GTX80, introducing a new concept in sport yachts; and the wallytender48, a tender designed with an emphasis on utility and performance, displayed at the Wally stand in Halle 6.Pershing GTX80A press conference is scheduled for January 18 at 11 am at stand 6D28 in Halle 6, where further updates on the Group’s projects and future plans will be shared.Ferretti Group’s presentation will be accompanied by collaborations with brands including Range Rover, providing a ride service for visitors, and Flexjet, representing business aviation. Additional partnerships with Dolce&Gabbana, Lavazza, La Scolca, and Seabob, among others, aim to complement the Group’s presence at the event. These partners will showcase products tailored to the event’s atmosphere, such as custom-designed uniforms, wine selections, and specialty coffee.wallytender48The event offers an opportunity to observe Ferretti Group’s latest offerings and collaborations, presenting a snapshot of its activities within the yachting 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
January 17, 2025
The latest Amels 80 superyacht has arrived at Damen Yachting's Vlissingen, Netherlands facility, marking a key milestone in its construction. Following its recent launch at Damen Yachting's Galati, Romania hull building facility, the 80-meter Amels Limited Editions yacht is now ready for the outfitting phase.This arrival signifies the commencement of the next stage of the build process, highlighting the continued popularity and success of the Amels 80 design. The extensive outfitting work will be carried out at Damen Yachting's Vlissingen East shipyard, a state-of-the-art facility located just 3 nautical miles from the Vlissingen City yard. This shipyard plays a vital role in Damen Yachting's new build and refit operations.This specific Amels 80 is the third currently undergoing outfitting and is scheduled for delivery in 2026. Further details about the project remain confidential at this time.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
January 16, 2025