Delivered in 2012 by Abeking & Rasmussen, the 60-meter Excellence V, one of the most voluminous yachts in her size, became her American's owner fifth superyacht. His fleet's next flagship, an 80-meter Abeking & Rasmussen is however still under construction.
Excellence V
Herb Chambers' first yacht became a 30ft Trojan fishing boat in 1970, he then upgraded to a 53ft Hatteras before starting his journey into the superyacht space with a 38.7-meter Feadship, Excellence. Launched in 1986, three years after Chambers sold his blooming copier sales business, A Copy, for $80 million, the yacht could reach 13.5 knots.
Later known as Golden Rule and last refitted in 2006, the yacht was sold by her new owners in 2011 at an asking price of $4.9 million. She was then renamed once again to Miss Iloilo in 2013.
Excellence I
Chambers next yachting project became an even larger Feadship, the 47.5-meter Excellence II launched in 1999. With an interior by Sam Sorgiovanni, the yacht had a beam of 8.9m and could reach a speed of 14.5 knots.
Later reportedly sold by Chambers to American businessman, Dennis M. Jones who renamed her to D'Natalin II, the yacht was then sold once again and renamed to Princess K. Now cruising under the name Princess Too, she was sold to her current owner in the summer of 2016 at an asking price of €15 million.
Princess Too
Launched this time by Abeking & Rasmussen in 2001, Excellence III became a 57-meter superyacht with an exterior by Donald Starkey designed with charter in mind. Praised for her comfortable seven cabin layout by guests, the yacht went on to have an inspiring charter record led by Chambers' long-time captain, Ray Shore.
Listed for sale in 2010 Excellence III was later sold in March 2012 asking $45,950,000. The popular charter yacht was then renamed to Dream following her sale and lengthened to 60-meters during her 2014 refit.
Dream
Chambers' subsequent project became a 78-meter Abeking & Rasmussen which was planned to take on the name Excellence IV. A few months into the build, Chambers received an offer to buy the yacht from a friend, which he decided to turn down.
Halfway through the build he however realised that such a project would prevent him from mooring in harbour such as Gustavia in St.Barts and Capri. When a Russian oligarch made another offer to buy the project at a profit for Chambers, the American businessman accepted. "I did well on that one." Chambers told Forbes. The yacht went on to become Eminence.
Eminence
Following the sale, Chambers decided to take on another project at Abeking & Rasmussen building Excellence V, a 60-meter yacht with the interior volume and comfort of a 75-meter superyacht. Launched in 2011, she is now available for charter from €595,000 per week.
Excellence V
"There was a transition where it became a business for me" Chambers told Forbes on his superyacht projects, "I get more enjoyment out of building the boats than I do using them". Chambers's Excellence IV, a 28-meter Pershing launched in 2014, might be the only exception to this rule as he keeps it for his personal use. The yacht was however listed for sale and is now asking $8,400,000.
Excellence IV
Chambers, now owner of the Herb Chambers Companies, the largest automotive dealership group in New England, USA with over $2.5 billion in revenue in 2014, might however be on his most ambitious yachting project yet. Indeed, the American billionaire has commissioned an 80-meter project currently under construction at Abeking & Rasmussen, which he says will be a cross between M/Y A and a more traditional yacht.
Hargrave Superyachts has launched its new 38-meter tri-deck motor yacht, the Hargrave 125, from its Antalya, Turkey facility. The vessel, designated Project 125, will debut at the 2025 Cannes Yachting Festival.With a 7.92-meter beam and 1.95-meter draft, the Bahamas-compliant design features a displacement hull optimized for long-range cruising. Stabilization systems operate both at anchor and underway. The 330GT interior maintains 2.2-meter ceiling heights throughout its 10-guest, 7-crew configuration.Power comes from twin Caterpillar C32 main engines with matching 75kW generators, delivering a 17-knot cruising speed. An ASEA power converter ensures global shore power compatibility. The yacht carries a 10-year structural warranty and equivalent coverage for main mechanical components.Hargrave includes a six-month management package with each sale. The vessel remains available for inspection ahead of its Cannes showing.Credits: Hargrave Custom Yachts
June 20, 2025
The Yacht Club Costa Smeralda is hosting the 2025 Swan One Design Worlds from June 17-21, featuring 35 teams from 30 nations competing across four one-design classes. The event marks the competitive debut of the ClubSwan 28 class alongside established ClubSwan 36, 42 and 50 fleets."The Swan One Design Worlds highlight the energy and camaraderie of the ClubSwan family," said Luisa Bambozzi, Managing Director of ClubSwan Racing. "Porto Cervo provides the ideal setting to combine world-class racing with vibrant shoreside activities."The regatta features defending champions in multiple classes, including Mamao (ClubSwan 36) and Nadir (ClubSwan 42). Notable entries include Leonardo Ferragamo's Cuordileone and Marcus Brennecke's Hatari in the ClubSwan 50 division. The newly introduced ClubSwan 28 class will compete for its first Gold Cup, with seven teams including youth entry NOX OCEANI featuring 13-year-old helmsman Giorgio Nocella.Giovanni Pomati, CEO of Nautor Swan, emphasized the event's community aspect: "This regatta represents the unity and international spirit that defines the ClubSwan family." The competition schedule allows for eight races per class (ten for ClubSwan 28), with Mistral winds expected for the final racing days.Social events include class dinners and an owners' reception at YCCS, culminating in Saturday's prize ceremony. The ClubSwan Academy continues its youth development program, providing young sailors access to competitive racing platforms.Nautor Swan was founded in 1966 in Pietarsaari, Finland. The builder entered the superyacht market in 1999. Since then, the yard has continued building high-performance sailing yachts in three different lines; ClubSwan, Swan Yachts and Maxi Swan Yachts. Credits: Nautor Swan
June 19, 2025
Italian yacht builder Mylius Yachts has revealed details of its new M60GL sailing yacht, an 18.5-meter performance cruiser-racer designed by Giovanni Ceccarelli. The first unit is currently under construction for a European owner, with delivery scheduled for 2026.The M60GL features a carbon fiber hull with Corecell core construction, combining racing performance with cruising comfort. The design includes a 24-meter carbon mast supporting a 120 sqm mainsail and 325 sqm gennaker, with deck hardware from Harken Racing GP. The yacht's 5.5-meter beam provides expanded social areas while maintaining competitive sailing characteristics."Ceccarelli has captured the owner's brief perfectly, blending innovation with our family feeling of speed, beauty and comfort," said Mylius Yachts CEO Valentina Gandini. The first hull will feature a three-cabin layout with bleached oak flooring and high-gloss white bulkheads, showcasing the yard's customization capabilities.Key features of the M60GL include twin helm wheels with integrated Mylius branding, a convertible transom serving as both swim platform and tender garage, and removable cockpit elements that allow conversion between racing and cruising configurations. The yacht's systems include B&G instrumentation and domotic controls, with optional removable appliances for racing use.Mylius reports strong market interest in the model, which targets owners seeking competitive racing capability without sacrificing cruising comfort. The M60GL represents the yard's continued focus on fully customized carbon fiber construction for performance-oriented sailing yachts.The Mylius Yachts shipyard, headquartered in Podenzano, has been dedicated to the construction of fast sailing vessels and performance cruisers with a recognizable and winning style since its foundation. Mylius is among the leaders in the production of yachts ranging from 55 to 80 feet. Mylius has added the production of motorboats, including fast motorboats and habitable motor yachts.Credits: Mylius Yachts
June 19, 2025
Damen Yachting has commenced sea trials for the first 80-meter Amels Limited Editions superyacht, marking the final phase before its scheduled summer delivery. The vessel represents the latest addition to the Amels series, featuring hybrid propulsion technology designed to reduce emissions and enable quieter operation.Project manager Romke van der Linde stated: "The sea trials offer a unique opportunity to experience firsthand the innovation, design, and power that this yacht delivers." The trials will evaluate the yacht's performance, including its hybrid system's efficiency and operational capabilities.The Amels 80 incorporates design elements focused on sustainability alongside traditional Dutch shipbuilding techniques. The yacht's technical specifications and interior layouts remain undisclosed, though Damen Yachting confirms the vessel maintains the Limited Editions' standard configuration options.Construction of the Amels 80 began at Damen's Vlissingen facility, with the hull and superstructure completed before the start of outfitting. The sea trials will be conducted in the North Sea, with final delivery to the owner expected following successful completion of all tests.Damen Yachting currently has multiple Amels Limited Editions models in various stages of construction at its Dutch shipyards. The 80-meter platform joins the existing 60-meter and 78-meter offerings in the series.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
June 18, 2025
The European Boating Industry (EBI) federation has elected Fabio Planamente, Vice President of the Italian Marine Industry Association, as Special Representative for the Large Yacht Sector during its General Assembly in Hamburg. Planamente will serve a two-year term on the EBI board alongside newly elected President Robert Marx (VMWD/Germany) and other European industry leaders."I am honored to have received this assignment," said Planamente. "This role recognizes the work carried out by our President Piero Formenti during his terms leading EBI, and confirms Italy's strategic position in the global yacht sector." The Italian delegation will focus on US/EU tariffs and new propulsion technologies during the upcoming term.Fabio PlanamenteThe Assembly saw EBI formalize new partnerships with the European Fishing Tackle Trade Association and Foundation for Environmental Education, while establishing a permanent Life Cycle Assessment working group. Membership expanded to include ACAP-APICAN (Portugal), Fédération Française Ports de Plaisance (France), and the returning Slovenian Marine Industry Association, bringing total representation to 32 members across 21 European countries - the highest since EBI's 2009 founding."This appointment confirms Italy's leadership in the large yacht industry," stated Piero Formenti, President of the Italian Marine Industry Association. The federation reviewed progress on its Blue Boat Horizon initiative and prepared for upcoming EU regulatory discussions affecting marine industries, including sustainability standards and marina certifications.EBI, where the Italian Marine Industry Association holds founding member status, serves as the principal European recreational marine industry representative. The expanded board now includes delegates from all major European boating markets to address sector-wide challenges.Credits: Italian Marine Industry Association; Unsplash
June 18, 2025