Recently, many world’s marinas have gone through deep restructuring to strengthen their offering and compete for superyachts' attention. At the core of this pivotal moment for yachting infrastructure, however, stood Porto Montenegro, one of the first purpose-built superyacht hubs. During the MYS 2019, the plans for further development of one of the 10 most stunning European superyacht marinas got revealed.
The project of Porto Montenegro dates back to 2007, when Peter Munk, a Hungarian-born Canadian businessman purchased a site in Montenegro for €23 million, with the purpose of building a superyacht marina that would rival mainstream destinations. With backing from LVMH Chairman, Bernard Arnault, Russian oligarch, Oleg Deripaska and Lord Jacob Rothschild, the Barrick Gold founder set out to develop the largest private-sector investment in the country.
Located near the coastal city of Tivat, Porto Montenegro's ambition was to become a homeport for some of the world's largest yachts by providing their crew and visiting owners with high end facilities. The development also included the construction of a strong ecosystem around the marina with condos, restaurants and a five star hotel.
Over its several years of development, Porto Montenegro caught the eye of new investors and in May 2016 it was confirmed that the development was acquired the Investment Corporation of Dubai, the city-state's investment arm.
Currently, Porto Montenegro has 450 berths for yachts from 12 to 250 meters in length (with a capacity to expand to 850 berths), 300 sold-out luxury apartments, as well as 60 units of ground floor retail with restaurants, bars, cafes, shops and amenities and a five-star Regent Hotel with over 130 luxury suites and apartments.
During a private event at the Monaco Yacht Show 2019, Porto Montenegro announced it was going to invest over €500 million in further development and new projects on site over the next 10 years.
Danilo Kalezic, Senior PR and Marketing Manager at Porto Montenegro, stated:
We are currently only building on 30 percent of a vast 24 hectares that once belonged to the Arsenal, a former Yugoslav naval base. To date, we have invested €500 million and I believe that in the next 10 years, we’ll invest additional €500 million to develop half of the remaining land. This is difficult to predict because the site study is still being adopted but we’re on the right track.
He also emphasised, that the Porto Montenegro village has been transforming from a summer destination to a year-round regional lifestyle-centre and multi-faceted business hub.
What is more, in 2019 the Regent Pool Club Residences, consisting of apartments and penthouse suites, positioned adjacent to the five-star Regent Porto Montenegro hotel, was completed. The space contemporary design with elements of Venetian and Italian aesthetics, by London’s WATG Architects and MHZ Paris.
In addition, the managers reported the summer season 2019 to be one of the most successful ever for Porto Montenegro. The village hosted such top-level events as the first RC44 regatta, the Gigayacht Captains Forum, the Sunreef Yachts rendezvous and Gumball3000 supercar rally, along with music, fashion and wine festivals.
Danilo Kalezic expressed on the high number of yachts and residential clients:
All berths for yachts under 30 metres were fully occupied this summer and overall occupancy was 11.5% higher compared to 2018. In the winter season, we recorded a 10.5% increase compared to last year.
Alongside continued upgrades to Porto Montenegro Yacht Club, the village also embraces new business dimensions, offering co-working spaces and new office hubs. In 2019, Porto Montenegro also welcomed its first family office for new business residents, with Monte Carlo Yachts, Beneteau, and Sunreef Yachts among them.
Meanwhile, Damen, the Dutch group behind Amels, has entered into a contract with Adriatic Marinas and the government of Montenegro to develop a superyacht repair and refit facility in a former shipyard in Bijela, Boka Bay. It is expected to become fully operational in 2021.
The Italian Sea Group will participate in the Cannes Yachting Festival from September 9-14, 2025, exhibiting vessels at both Vieux Port and Port Canto locations. The company's display will include the Picchiotti Gentleman 24 and Tecnomar for Lamborghini 63 models at the Super Yachts Extension 146 area.Gianmaria Costantino, Chief Commercial Officer of The Italian Sea Group, stated: "The Cannes Yachting Festival is a key strategic event for us – a unique opportunity to strengthen our presence in international markets and engage with owners, partners, and leading industry players."The 24-meter Picchiotti Gentleman features design by Luca Dini Design & Architecture, combining wooden superstructure elements with steel details. The model presents a contemporary interpretation of traditional yacht design elements.The Tecnomar for Lamborghini 63 represents a collaboration with Automobili Lamborghini, incorporating carbon fiber components and automotive-inspired design features. The yacht's design includes signature lighting elements and a cockpit configuration derived from automotive influences.The exhibition demonstrates The Italian Sea Group's continued focus on the luxury yacht market through its multiple brand portfolio. The company's participation aligns with its strategy of presenting distinct design philosophies across its product ranges.The Cannes Yachting Festival expects approximately 50,000 visitors and 500 exhibitors for its 2025 edition. The Italian Sea Group will maintain its exhibition space in the superyacht section of the event, which features vessels exceeding 24 meters in length.The company's presentation emphasizes its dual approach to yacht design, balancing traditional nautical aesthetics with automotive-inspired performance concepts. Both exhibited models represent current production offerings from the group's shipyards in Italy.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
September 2, 2025
Aiata, part of Turkey's Anadolu Group, will participate in the 65th Genoa International Boat Show from September 18-23, 2025. The shipyard will display its 11.57-meter Wayfinder 38 Cabin model at the Levante Waterfront exhibition area.The Wayfinder 38 Cabin version features a 3.49-meter beam and accommodates outboard engines up to 850 horsepower. The design emphasizes modular reconfiguration capabilities, including convertible seating arrangements, removable sunbeds, and interchangeable enclosed/open structural elements.The model targets coastal cruising, weekend excursions, and fishing activities with interior spaces designed for extended onboard stays. Storage solutions and layout flexibility allow owners to modify configurations after purchase to accommodate changing usage requirements.Aiata's participation represents the Turkish yacht industry's continued expansion into European markets. The Genoa exhibition provides a platform for the builder to demonstrate its production capabilities and design approach to Mediterranean boating audiences.The Wayfinder series forms part of Aiata's strategy to combine performance characteristics with adaptable interior layouts. The company emphasizes post-purchase configuration options as a value proposition for owners seeking long-term vessel versatility.The Genoa International Boat Show expects approximately 100,000 visitors during its six-day run, featuring over 1,000 vessels from international manufacturers. Aiata's exhibition will focus on the practical applications of its modular design philosophy in mid-size motor yachts.Credits: Aiata
September 2, 2025
Sanlorenzo has inaugurated its new Venice cultural venue, Casa Sanlorenzo, with Fabrizio Ferri's "Breathtaking" installation. The exhibition addresses ocean plastic pollution through thirteen portraits of public figures including musician Sting and actor Willem Dafoe, who attended the opening event.The exhibition runs from September 2 to November 23, 2025, at the restored 1940s villa redesigned by Sanlorenzo's artistic director Piero Lissoni. The space features an oval-shaped installation with large-scale photographs mounted on black walls, centered around a glass coffin filled with seawater. Visitors experience the exhibition using noise-cancelling headphones to simulate oceanic silence.Fabrizio Ferri stated the work was inspired by photographs of marine animals suffocated by plastic debris, noting: "The deadly force of the contamination of the seas and oceans that we cause with plastic and microplastics is not only killing the oceans, we are also killing ourselves."Sanlorenzo Executive Chairman Massimo Perotti described Casa Sanlorenzo as "a natural extension of our philosophy, where beauty and responsibility go hand in hand," adding that the exhibition represents "a statement of intent" regarding ocean conservation.The installation previously appeared at Milan's Natural History Museum, attracting 40,000 visitors over four days. The Venice presentation adds a new portrait of Sting to the collection, which also includes Helena Christensen, Julianne Moore, and Isabella Rossellini among others.Casa Sanlorenzo operates under the Sanlorenzo Arts program, representing the company's initiative to connect yacht manufacturing with environmental awareness and cultural discourse. The venue opens during both the Venice Film Festival and Architecture Biennale, positioning the brand within Venice's cultural calendar.Access to the facility is provided via Venice's first new pedestrian bridge constructed since 2008. Exhibition hours are 11:00 to 19:00 Thursday through Sunday until November 23.Sanlorenzo was founded in 1958 in Viareggio by yacht builder Gionvanni Jannetti. In 2005, Massimo Perrotti became the majority shareholder in the shipyard. Sanlorenzo builds yachts ranging from 28.60 to 73 meters in length. Credits: Sanlorenzo
September 2, 2025
Finnish boat manufacturer Saxdor Yachts has reorganized its Adriatic distribution network, appointing Newera Yachting as regional dealer for Slovenia, Austria, Croatia, and Montenegro. The arrangement rebrands existing partner Vrtinc Navtika under the Newera Yachting identity with expanded territorial coverage.Montenegrin dealer BEN-KOV, representing Saxdor since 2022, will transition to sub-dealer status under Newera Yachting's regional management. The consolidation aims to standardize customer service and support operations across Adriatic markets.Jon Hautamäki, Sales Director at Saxdor Yachts, stated: "Newera Yachting has been instrumental in developing our presence in Central and Southeastern Europe. This consolidation reflects our trust in their team and their deep understanding of our brand and product philosophy."Newera Yachting Managing Director Boštjan Granda added: "We're proud to strengthen our partnership with Saxdor and take on a broader role in the Adriatic region. It's a brand we truly believe in: innovative, dynamic, and aligned with what our customers are looking for."The dealer restructuring forms part of Saxdor's global network optimization strategy, which now encompasses 150 locations across five continents. The Adriatic region represents a significant market for the builder due to established boating culture and expanding marina infrastructure.Newera Yachting will provide sales and service support for Saxdor's model range, which includes outboard and inboard powerboats from 6 to 12 meters length. The company's experience with Saxdor products positions it to implement standardized customer service protocols across the newly consolidated territory.Credits: Saxdor Yachts
September 1, 2025
Florence-based designer Luca Dini presented at TEDxForteDeiMarmi on August 30, 2025, discussing intersections between yacht design and architecture. The founder of Luca Dini Design & Architecture delivered a speech titled "Beyond the waves: where yachting and architecture meet" during the event's third edition.Dini addressed connections between marine and terrestrial design, emphasizing sustainable approaches and hybrid spaces. His presentation referenced thirty years of professional experience integrating nautical design principles with architectural projects.The talk examined Sindalah Island in the Red Sea, a luxury destination master-planned by Dini's studio, as an example of convergence between marine and architectural design. Additional case studies included the Sydney Opera House and Denmark's Wave complex as structures demonstrating harmony between built environments and marine contexts.Dini stated: "Design is an act of cross-disciplinary sharing: between aesthetics and function, between nature and the built environment, between different cultures. It is also the expression of a quiet, conscious form of luxury, revealed through authentic materials, essential lines, and the attention to details."The presentation argued that yachts increasingly resemble floating architectures while urban projects incorporate design elements from marine environments. Dini emphasized material authenticity, craftsmanship, and functional aesthetics over ostentatious display in luxury design.TEDxForteDeiMarmi featured multiple speakers discussing innovation across various creative and technical fields. Dini's participation marked continued engagement between yacht design professionals and broader architectural discourse. Credits: Luca Dini Design & Architecture
September 1, 2025