Excitement brews at the Genoa shipyard as the highly anticipated Otam 90 GTS nears completion, scheduled for launch in May. Set to debut internationally at the Cannes Yachting Festival 2024 in September, this flagship marks a significant milestone as Otam celebrates its 70th anniversary.

Fusing customized comfort, spaciousness, and style, the Otam 90 GTS boasts twin MTU engines generating 2,600hp each, promising exhilarating speeds exceeding 40 knots with Arneson drives.

Crafted in collaboration with Giuseppe Bagnardi of BG Design Firm, the yacht boasts bespoke design elements. The helm console, inspired by racing cars, features a carbon-fiber structure resembling Formula 1’s protective ‘halo’ system, complete with an integrated cooling system.

The hull, adorned in a custom silver metallic paint with bronze accents, showcases the owner’s distinctive taste.

Internally, the layout caters to luxury without compromising sporty aesthetics. The three ensuite cabins include a full-beam owner’s cabin, a VIP cabin, and a guest cabin, alongside a lounge. The main deck offers a spacious cockpit, separate kitchen access, ample sunbathing areas, and a bathing platform.

Photo by Michele Luigi Mulas

With endless customization options like full or half-height side windows and various garage sizes, the Otam 90 GTS epitomizes the shipyard’s dedication to pure custom craftsmanship.

Matteo Belardinelli, Otam Sales & Communication Manager, affirms, “Every detail has been developed with and for the owner, ensuring a unique and exclusive expression of luxury.”

The shipyard’s history started in 1954 in Liguria. Its professionalism is what made it stand out, very quickly becoming the first authorized Riva yacht Service Center for the Med Sea. In the 80’s Otam fit around 25 yachts for an American builder before starting his own production of Otam 45’ and 55’, earning significant attention. Today Otam has produced around 90 yachts, becoming an Italian specialist, and, together with its custom range, offers a limitless choice between 45’ and 130’.

Credits: Otam

Latest News

Sunreef Yachts to Showcase Diverse Fleet at Cannes Yachting Festival 2024
Sunreef Yachts will feature an impressive lineup of five catamarans at the upcoming Cannes Yachting Festival 2024. The event, held from September 10th to 15th, will include the world premiere of the 60 Sunreef Power Eco and the debut of the 100 Sunreef Power at the Cannes festival.60 Sunreef Power EcoWorld Premiere: The 60 Sunreef Power Eco is designed as a customizable and eco-friendly motor yacht. It features innovative technologies aimed at maximizing energy efficiency and performance. Equipped with Sunreef Yachts’ proprietary solar power system and two 120kW electric engines, the yacht ensures a continuous supply of clean energy for an efficient motoring experience.100 Sunreef PowerCYF Debut: The 100 Sunreef Power combines elegance, stability, and safety. This superyacht incorporates a range of advanced features to provide a superior yachting experience.Sailing Catamarans on DisplayAt Port Canto, Sunreef Yachts will present three of their Eco sailing catamarans:Sunreef 60 Eco and Sunreef 80 EcoSunreef 60 EcoThese yachts represent high standards in sustainable luxury, featuring a composite-integrated solar power system. Sunreef 80 EcoSolar cells are seamlessly integrated into various parts of the yacht, including the hulls, superstructure, bimini, and mast. Additionally, they can generate green energy while sailing through an advanced hydrogeneration system.Sunreef 70The best-selling Sunreef 70 will also be on display, showcasing its blend of style and performance.Established in the port city of Gdansk, Poland and Ras Al Khaimah in the UAE by French businessman Francis Lapp, Sunreef Yachts is a shipyard specializing in the design and construction of fully-customized eco-responsible catamarans and multihull superyachts. The shipyard’s family of customers includes superstar athlete Rafael Nadal as well as Formula 1 champions Fernando Alonso and Nico Rosberg among a vast clientele across the globe. The Sunreef Yachts Eco range is a line of eco-responsible sailing and power luxury catamarans. The shipyard combines electric propulsion, smart energy management, ultramodern solar panels and ethically-sourced finishing materials for a responsible yachting experience.Credits: Sunreef Yachts
First Renderings of the Mishi 102 Unveiled
Mishi Yachts has released the initial renderings of its latest project, the 31-meter sailing superyacht Mishi 102. This vessel, designed for luxury cruising, builds on the foundation of the successful Mishi 88, featuring dynamic lines and an expansive layout.The Mishi 102 is constructed from high-end carbon fiber and will meet full RINA class standards, emphasizing safety and durability. The yacht's spacious cockpit, designed for both dining and lounging, accommodates up to 12 guests and includes separate helm stations, ensuring that sailing functions do not interfere with the relaxation areas.The interior of the Mishi 102 maintains the exquisite styling seen in the Mishi 88, with a large saloon, a full-beam master cabin forward, and three guest cabins aft. The design incorporates high-quality materials such as leather, fine fabrics, and noble woods to create a luxurious atmosphere.Mishi Yachts leverages its parent company Yonca Shipyard's extensive experience in carbon composite construction to deliver a flawless build. The commitment to RINA certification underscores the yacht's quality and safety standards, a noteworthy feature for a vessel of this size.“The Mishi 102 represents the evolution of our vision for large, comfortable sailing cruisers,” said Şakir Yılmaztürk, founder and chairman of Mishi Yachts. “It offers greater volume and flexibility compared to our debut model, without compromising on safety and quality.”Further details about the Mishi 102 will be revealed as development progresses. A full presentation of the yacht is scheduled for the Monaco Yacht Show in September 2024. The Mishi 102 is exclusively available through Ocean Independence, highlighting its status within the superyacht market.Founded in 1986, Yonca Shipyard aimed to lead in fast boat design and advanced composites. Despite doubts, handcrafted boats reflected our vision. Now an industrial-scale enterprise, the shipyard produces cutting-edge pleasure, commercial, and naval craft. Yonca Shipyard delivered more than 180 ships and boats, specializing in fast interceptor craft and patrol boats for defense and law enforcement agencies.Credits: Mishi Yachts
The Italian Sea Group's A2.2 Credit Rating Confirmed by Cerved
The Italian Sea Group S.p.A. (TISG), a prominent player in the luxury yachting sector, has had its A2.2 credit rating reaffirmed by Cerved Rating Agency S.p.A."This rating underscores our financial stability and effective business management," commented Giovanni Costantino, Founder and CEO of The Italian Sea Group. "We remain committed to enhancing our market position, maintaining a robust financial structure, and ensuring steady business growth."Several factors contributed to the reaffirmed rating:TISG's strong presence in the global luxury yachting market, bolstered by partnerships with international brokers and a reliable client base.Positive economic performance in 2023, marked by growth in revenues, margins, and income.Effective management of operating cash flows, resulting in a positive Net Financial Position at the end of 2023.The medium- and long-term strategic outlook for TISG is also favorable. The company aims to further solidify its core business in the large yacht segment. This strategy is supported by recent investments in production capacity and new production synergies, including the acquisition of Celi 1920 and the establishment of the Steelworks for Interior business unit.For 2024, TISG forecasts revenues between EUR 400 and 420 million, with an improving EBITDA margin between 17 and 17.5%.The Italian Sea Group is a global operator in the luxury yachting industry, listed on Euronext Milan (“EXM”) and active in the construction and refit of motor yachts and sailing yachts up to 140 meters. The Company, led by Italian entrepreneur Giovanni Costantino, operates on the market with the brands Admiral, renown for elegant and prestigious yachts, Tecnomar, Perini Navi, and Picchiotti; the Company has a business unit, NCA Refit, that manages the maintenance and refit services for yachts and mega yachts with a length over 60 meters. Credit: The Italian Sea Group
Fourth Pershing GTX116 Launched
The fourth hull of the Pershing GTX116 was launched in Fano on July 10. This new unit, designed for the US market, exemplifies a blend of elegance and sporty character, achieved through the collaboration of Ferretti Group’s Product Strategy Committee, yacht designer Fulvio De Simoni, and the Group’s Engineering Department.Measuring over 35 meters in length and 7.70 meters in beam, the GTX116 features a sleek, streamlined profile. The exterior showcases a hull in classic Pershing Monte Carlo grey, complemented by a unique superstructure shade derived from blending two different Pershing greys. The glossy black hardtop and radomes provide contrast, while extensive glazing allows natural light to flood the interiors, creating a seamless connection between indoor and outdoor spaces.The main deck's large salon includes a bar with four Poltrona Frau stools in steel and pecan-colored leather, and a centrally positioned couch in pale shades of grey and ivory. Two Minotti armchairs add to the refined decor. The galley and other areas maintain a consistent color palette, enhancing the overall design continuity. Customization is a key feature of the GTX116, with interiors tailored using several partner brands to ensure a comfortable living experience.The lower deck houses the owner’s cabin and four guest cabins, featuring glossy black detailing. The GTX116 is powered by three 2,000 HP MAN V12 2000 engines paired with three waterjets, delivering a top speed of 34 knots and a cruising speed of 29 knots.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.Credit: Ferretti Group
Image Gallery: Inside Grand Soleil 72 Long Cruise
Cantiere del Pardo has released the first detailed images of the Grand Soleil 72 Long Cruise, a bluewater yacht designed for long-distance sailing. Captured by Fabio Taccola, the photos highlight the yacht's design, which was crafted by Matteo Polli with exterior and interior layout by Nauta Design.The Grand Soleil 72 Long Cruise, or LC, builds on the success of the Grand Soleil 72 Performance (P) model. It features a raised and extended deckhouse, providing additional saloon space and a deeper cockpit. The yacht's sleek lines and enhanced comfort are intended for safe maneuvering, even with a reduced crew. The onboard systems are designed to optimize resource management and minimize fuel consumption."The Grand Soleil 72 project was always meant to include an exceptional Long Cruise version," said Franco Corazza, project manager for Grand Soleil's over 60ft fleet. "Combining tradition and innovation, this yacht leverages our experience in advanced composites and the expertise of our Made in Italy partners."The LC version introduces a raised deckhouse, creating a 270-degree panoramic view from the 20-square-meter saloon. This area is divided between a large dining table for eight and a comfortable sofa to starboard. An offset companionway reconfigures the spacious cockpit to include a larger C-shaped sofa without sacrificing twin sunbeds at the aft end. This design allows for two distinct social areas: one on deck and one below.The raised deckhouse also provides technical advantages. By elevating the roof and floor slightly, additional space is created below deck for electrical and mechanical systems, freeing up room elsewhere on the yacht. Despite these modifications, the LC version adds no more than 500kg to the displacement.Naval architect Matteo Polli, known for optimizing race boats, designed the Grand Soleil 72LC. The hull is constructed using vacuum infusion in epoxy-based vinylester with glass/carbon fiber and recycled PVC foam core. This construction ensures high performance on long offshore passages, with speeds exceeding true wind speeds up to 10 knots. The yacht can reach over 14 knots on a broad reach and 20 knots under optimal conditions.The Grand Soleil 72LC is equipped with a powerful sailplan, including options for a fat-head main, furling gennaker, Code sail, and staysail. Sail handling is facilitated by a self-tacking jib and large electric winches, with controls accessible from the twin helm stations.Nauta Design, renowned for its work with Grand Soleil, crafted the yacht's interior to maximize space and comfort. The saloon offers expansive views through deckhouse windows and skylights. The design includes intelligent storage solutions and complete amenities, with two possible galley configurations and a master cabin forward for privacy and natural light.Guest accommodations include two large cabins configurable as doubles or twins, each with ensuite options. The captain's cabin can be used as a fourth guest room or dedicated crew space.The interior features high-quality upholstery, fine woods, and stainless steel detailing in three palette options: warm teak, dark walnut, or limed oak. This creates a contemporary and welcoming space."Our owners are passionate about the entire journey, from design and construction to delivery," said Corazza. "They appreciate the expertise of our team, many of whom are professional sailors providing unparalleled advice."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: Fabio Taccola/Cantiere del Pardo