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.
The first hull of Riva's new 112' Dolcevita Super model has launched from the brand's La Spezia facility. Measuring 34.37 meters with a 7.27-meter beam, this flybridge yacht expands upon the successful 110' Dolcevita design with enhanced outdoor spaces and improved water access.Developed by Officina Italiana Design in collaboration with Ferretti Group engineers, the yacht features a 35-square-meter beach club with fold-out terraces and storage for water toys. The stern garage accommodates a tender and jet ski while the cockpit offers multiple lounge configurations. Owners can choose between additional bow seating or a Jacuzzi in the forward area.The flybridge presents redesigned living spaces with a central bar area and entertainment systems. Interior options include two main deck layouts - one with aft dining and another with traditional forward lounge placement. The master suite incorporates larger windows and redesigned storage solutions.Standard power comes from twin MTU 16V 2000 M96L engines delivering 2,638 hp each, providing a preliminary top speed of 25.5 knots. An alternative MTU M97L engine package includes SCR emissions reduction technology. Stabilization systems include zero-speed fins with Humphree interceptors, with optional Seakeeper gyroscopic stabilizers available.Bridge configurations range from standard quad 19-inch monitors to a premium option with dual 49-inch displays selected for this first unit. Soundproofing measures include reinforced bulkheads between crew and guest areas on the lower deck, which houses four VIP cabins. Interior finishes combine high-gloss rosewood with black hammered leather detailing.The yacht is scheduled for its official debut at the 2025 Cannes Yachting Festival, representing Riva's latest development in the 30-40 meter flybridge segment. Production continues at Riva's La Spezia yard alongside other models in the 70-130 foot range.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
July 21, 2025
Dutch shipyard Van der Valk recently presented two new custom superyachts, the 35-meter Lalabe and 34-meter One, cruising together in the North Sea. Both vessels share design lineage with the award-winning 34-meter explorer Lady Lene, demonstrating the yard's custom-build capabilities.Lalabe, en route to the Mediterranean for her maiden season, was commissioned for multi-generational family use. The yacht's hull is optimized for fast displacement cruising up to 17 knots. Exterior and interior styling by Guido de Groot incorporates residential-inspired elements, including an aft beach club with sauna, steam room, and terrace-like seating. The interior features light-toned woods, curved furnishings, and a neutral color scheme. The yacht will make its global debut at the Cannes Yachting Festival in September.LalabeOne, currently available for sale, offers immediate delivery. The yacht combines De Groot's exterior design with Carla Guilhem's contemporary interior, using a white and cream palette with dark wood accents. Large windows and open deck spaces emphasize indoor-outdoor connectivity. Powered by twin Volvo Penta engines, One reaches 14.4 knots and includes a fold-out swim platform and substantial toy storage.OneBoth yachts utilize Lady Lene's proven hull engineering while featuring distinct customizations above the waterline. Lalabe focuses on family-oriented spaces, while One prioritizes entertainment areas across four decks.The simultaneous appearance of these vessels highlights Van der Valk's capacity to deliver personalized superyachts within the 34-35 meter range. Prospective buyers can inspect One for potential summer delivery, while Lalabe prepares for its first charter season. The yachts will be displayed at Van der Valk's Cannes Yachting Festival.Van der Valk is a family-run company building comfortable, innovative and efficient (semi) custom motor yachts from 18m to 45m. From its humble roots in the 1960s, Van der Valk today has a global fleet of over 1000 motor yachts. Credits: Van der Valk
July 21, 2025
Turkish yacht builder Numarine has launched the first unit of its new 40MXP model, a 40-meter superyacht that becomes the flagship of its XP explorer series. Two additional hulls are currently under construction, with deliveries scheduled for 2025.The 40MXP represents an evolution of the shipyard's popular 37XP model, maintaining the series' long-range capabilities while introducing new Mediterranean-inspired features. The yacht retains a 6,000-nautical-mile range at 8 knots, achieved through an optimized hull design by naval architect Umberto Tagliavini.Ömer Malaz, Chairman at Numarine, stated:"Preserving the same stylistic cues and DNA of all our models, the 40MXP retains our high-volume, low-maintenance, long-range ethos while offering a number of new design features that enhance the intimate connection with the sea that a yacht provides."Key design developments focus on outdoor living spaces, particularly an expanded aft deck area achieved through both increased hull length and strategic repositioning of the saloon doors. This space accommodates an alfresco dining area, bar, lounge, and a standout feature - an aft pool with glass transom. The area connects to a full-beam hydraulic swim platform and can be shaded for sun protection.Power comes from twin MAN 800hp engines as standard, with an optional 900hp Tier III-compliant configuration available. The yacht's 8-meter beam allows for generous interior volumes, with accommodation for up to 12 guests across six suites, including a full-beam master stateroom on the main deck. Two additional customizable cabin spaces offer layout flexibility.Designer Can Yalman handled both interior and exterior styling, maintaining Numarine's signature aesthetic. The model inherits successful features from the 37XP including an expansive flybridge and substantial tender storage capacity. The tender deck can accommodate a 9-meter tender, three jet skis, and additional water toys.Chris Gore, Sales & Marketing Director at Numarine, commented: "We are extremely excited to have delivered the first of the all new 40MXP. Our new flagship offers true luxury blended with versatility be that for family or charter use, whilst maintaining our core Numarine DNA."The 'MXP' designation reflects the yacht's Mediterranean explorer concept, emphasizing connection to the water while retaining transoceanic capabilities. The model enters a competitive segment of the explorer yacht market, positioned as a bridge between luxury cruising and serious long-range functionality.With this launch, Numarine continues its focus on the explorer yacht segment, building on the commercial success of its XP series. The 40MXP's combination of extended range and enhanced outdoor living spaces targets owners seeking both adventure capability and contemporary lifestyle features.Credits: Kerem Sanliman/Numarine
July 18, 2025
The Italian Sea Group has completed delivery of a new 78-meter Admiral megayacht from its Marina di Carrara facility. The vessel, now the flagship of the Admiral fleet, features exterior and interior design by Sinot Yacht Architecture & Design.The yacht's distinctive profile incorporates a two-tone metallic paint scheme in white and blue hues. Its unconventional three-deck layout provides streamlined aesthetics while maintaining interior volume. The propulsion system combines five variable-speed generators with two 2-mW azimuth pods, delivering 5 mW total power output. This diesel-electric configuration achieves a top speed of 17 knots with reduced vibration and noise levels.Technical features include a lithium polymer battery bank enabling zero-emission operation for limited durations and peak load management. The system incorporates SCR (Selective Catalytic Reduction) and DPF (Diesel Particulate Filter) technologies, with exhaust routed to the masthead for dispersion.Interior spaces feature panoramic windows in the bridge salon and designer lighting elements. Amenities include a 6-meter swimming pool, spa facility, gymnasium, diving area, and Touch & Go helipad. Material selections emphasize premium finishes with a neutral color palette throughout guest areas.Gianmaria Costantino, CCO of The Italian Sea Group, stated: "This delivery marks a new and important milestone for our Group. Every detail of this yacht reflects our vision of contemporary luxury – where top-tier craftsmanship, timeless design, and sustainable innovation come together in perfect harmony."The project represents the shipyard's continued focus on large custom superyacht construction, incorporating both advanced marine technologies and bespoke design elements. The delivery underscores the group's capability to execute complex megayacht projects for discerning clients.With this completion, The Italian Sea Group reinforces its position in the upper segment of the global superyacht market. The vessel now joins the operational fleet of Admiral-branded yachts, with the shipyard maintaining its production schedule for additional custom projects currently in build.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: Lorenzo Tampucci/The Italian Sea Group
July 18, 2025
Ferretti Group's Yard in Ancona has launched the third hull of the Custom Line Navetta 38 series on March 20. The 38.76-meter displacement yacht, with a beam of 8.00 meters and 299 GT volume, entered the water during a private ceremony attended by the European owner family and shipyard personnel.This marks Custom Line's fifth launch in the first quarter of 2024, demonstrating the shipyard's active production schedule. The Navetta 38 model was developed by Ferretti Group's Product Strategy and Engineering Departments, with exterior design by Filippo Salvetti and interiors by ACPV ARCHITECTS Antonio Citterio Patricia Viel. The Custom Line Atelier team facilitated owner customization throughout the build process.The owners, existing Ferretti Group clients with two previous yachts from the builder, prioritized personalized interior solutions to enhance spatial perception and natural light. Design features include mirrored ceiling panels in the main deck lounge and strategic placement of reflective surfaces along walls and architectural details. Full-height windows were incorporated to maintain visual connection with the marine environment.Notable customizations include a reconfigured galley space with optimized storage depth, designed to serve as a social hub while maintaining aesthetic coherence. Material selections emphasize durability, with Botticino Semi Classico marble specified for the master bathroom.The interior palette combines neutral beige tones with contrasting mocha and brown accents, complemented by natural teak, oak, and leather finishes. Luminous wallpaper treatments contribute to the yacht's refined atmosphere.The Navetta 38 is designed for extended cruising with large guest groups, balancing functional durability with the brand's signature aesthetic standards. The model represents Custom Line's continued focus on customized displacement yachts within its product range.With this launch, Ferretti Group reinforces its position in the mid-size superyacht segment, maintaining production momentum at its Ancona facility. The yacht will now undergo final outfitting before delivery to its owners.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
July 18, 2025