Enigma, the 74.5-meter superyacht built as Eco in 1991 by German shipyard, Blohm+Voss for the late Mexican businessman, Emilio Azcarraga, has now sold at a last recorded asking price of €47,5 million, less than a year after coming on the market.
Extremely controversial when first launched in 1991, Eco was designed by Martin Francis at the request of the late Mexican media entrepreneur, Emilio Azcarraga, primarily known for owning the largest Spanish-language television network in the US and Mexico.
Despite being first designed for speeds of only 25 knots, the project for Eco was upgraded with a gas turbine to increase her maximum speed over 30 knots. A major technological challenge, Eco boasted the largest KaMeWa waterjet ever built at the time.
Searching for an art deco look for Eco's interior, Azcarraga recruited Francois Zuretti, the designer then known for his work in the Mamounia hotel in Marrakesh, to design the interior of the yacht, as his first ever marine project. Zuretti was not the only yacht designer to get his start on Eco as both Espen Oeino and Dan Lenard worked on the Eco project at some point during its development.
Although refitted since, the original aft deck configuration of Eco gave her the ability to carry a Riva Aquarama, a turbo-prop float plane as well as Harley Davidson. Regularly crossing the Atlantic, Azcarraga even acquired a small tanker to refuel her in the middle of crossings when powered by the gas turbine.
In 1999, two years after the death of Azcarraga, Eco was sold to American billionaire and founder of Oracle, Larry Ellison who renamed the yacht to Katana. Ellison also refitted the yacht, adding a basketball court aft of the main deck. The yacht later served as a mothership to his America's Cup campaign in New Zealand.
Five years later Ellison took delivery of the 138-meter Rising Sun (later sold to Dreamworks founder, David Geffen), which led to him selling Katana to British media entrepreneur, Aidan Barclay, owner of the Telegraph newspaper, who renamed the yacht to Enigma.
The yacht was then refitted in 2009 and then again in 2014 by the Barclay brothers. In August 2016, Barclay listed Enigma for sale at an asking price of €47,500,000 and her sale has now been confirmed without any price reductions announced. Following the sale, the yacht was renamed to Zeus.
The only yacht to have born the Zeus name in the past is the 3rd hull of the Mangusta 165 series, delivered in 2009, amidst the bankruptcy crisis of the shipyard's parent company Rodriguez, and currently on the market at an undisclosed asking price. In 2009, the 50-meter Zeus was asking just under €30 million.
The 70-meter Benetti superyacht Alfa has completed an extensive refit at Lusben, the refit division of Azimut|Benetti Group. Originally delivered in 2020, the full-custom yacht underwent a complete renovation coordinated by Ocean Independence, with interior design by Mark Berryman Design.The technical scope included full repainting of the hull and owner deck with advanced protective coatings, along with the mandatory five-year survey of all major systems. Engineers conducted thorough inspections and servicing of stabilizers, propulsion shafts, engines, and generators. Mechanical upgrades featured new software for the forward crane allowing independent arm control, redesigned bollards, and optimized stern platform fittings for improved tender operations. Crew areas received attention with complete overhauls of the side ladder, stern passerelle, and swim ladder.André Mahr (Ocean Independence), Gianni Paladino (Lusben), Simone Rotili (PM Lusben), Alessio Centelli (Head of site Lusben Livorno)For interior spaces, the UK-based Mark Berryman Design studio preserved Alfa's original elegance while introducing contemporary elements. The main deck now features custom sofas with integrated chessboards, marble-clad tables with built-in fire pits, and redesigned wall panels. The owner's suite received new cabinetry and finishes, while four new bars were installed throughout the yacht, including a teppanyaki station on the skydeck. A striking wine cellar now occupies the portside corridor, transforming a transitional space into a design feature. The galley was completely reconfigured with new equipment and improved workflow."The work on Alfa perfectly embodies our 'life cycle' philosophy," said Gianni Paladino, Commercial Director of Lusben. "Supporting a Benetti yacht from launch through refit demonstrates our commitment to long-term value preservation."Ocean Independence's Anton Foord noted: "This relaunch represents months of dedicated work by skilled professionals. The attention to detail and quality craftsmanship are evident throughout the yacht."Captain Simon Johnson, André Mahr (Ocean Independence), Alessio Celli (Head of site Livorno), Simone Rotili (PM Lusben)Following the refit, Alfa will be available for Mediterranean charter this summer at €700,000 per week. The yacht maintains its original configuration for 12 guests and 18 crew across five decks, with the refit enhancing both technical systems and living spaces while preserving the vessel's signature indoor-outdoor flow.Lusben completed the complex project at its Livorno facility, with Project Manager Simone Rotili coordinating multiple technical and design teams. The shipyard did not disclose the total refit cost or duration. Alfa's return to service follows several other high-profile refit projects completed by Lusben in recent months, as the Azimut|Benetti Group continues expanding its refit capabilities.Founded in 1873, Benetti is the oldest Italian shipyard specializing in luxury yachts. Benetti designs, builds and sells composite vessels from 29 to 44m and steel and aluminum boats from 37 to over 100m. The fleet consists of five categories: Class, Oasis, B.Yond, B.Now and Custom to meet all the needs of the market. Benetti belongs to the Azimut|Benetti Group, the largest privately owned luxury yachting group in the world.Credits: Ocean Independence
May 19, 2025
Azimut's Seadeck 7 has received the 2025 Miglio Blue Design Award in the "General Concept" category, recognizing its hybrid propulsion system and sustainable design approach. The award was presented during the Blue Design Summit at Teatro Civico in La Spezia, Italy.The 20-meter Seadeck 7 reduces CO₂ emissions by up to 40% compared to conventional yachts in its class through a full-hybrid Volvo Penta system, carbon fiber construction, and optimized naval architecture. The model introduces Azimut's "Gentle at Sea" philosophy, emphasizing connection with nature through design elements like the Fun Island - an open aft terrace eliminating barriers with the marine environment.Interiors by Matteo Thun & Antonio Rodriguez incorporate recycled and recyclable materials, establishing what the shipyard describes as a new design language for family motoryachts. The hybrid system marks Azimut's first application of electrification technology in this size segment.The Miglio Blue Design Award jury cited the Seadeck 7's integration of sustainable technologies with experiential design as key factors in their decision. Azimut has not disclosed production numbers or pricing for the model, which remains available for order through the brand's global dealer network.This recognition follows the Seadeck series' launch in 2024 as Azimut's most environmentally focused product line to date. The shipyard continues development of hybrid and alternative fuel systems across its range, with multiple projects scheduled for presentation at the 2025 Monaco Yacht Show.Azimut Yachts is an Azimut Benetti Group brand. With its Atlantis, Magellano Flybridge, S, Verve and Grande collections, Azimut offers the widest range of 10 to 40 meters.Credits: Azimut Yachts
May 19, 2025
Feadship has launched its latest expedition yacht, the 80-meter Valor, from its Aalsmeer facility. Built for a repeat client, the steel-hulled vessel features ice-class reinforcement capable of navigating the Northwest Passage, with Bureau Veritas Young Ice 2 certification.Valor represents Feadship's most advanced hybrid propulsion system to date, combining four variable-speed generators with a massive 5.34MWh lithium-ion battery bank - five times the capacity of 2015's Savannah. The system enables 48 hours of silent, zero-emission operation using battery power alone, with optional Hydrotreated Vegetable Oil (HVO) biofuel reducing carbon emissions by 90%. Twin Schottel EcoPeller azimuth thrusters deliver a maximum speed of 15 knots.Designed by Studio De Voogt, the exterior features a distinctive naval-inspired profile with a dreadnought bow and widened bulwarks that accommodate outdoor lounge spaces and even a dedicated relief station for the owner's three Golden Retrievers. The yacht's 8.35-meter infinity pool, heated using waste energy recovery, ranks among the largest installed on an 80-meter vessel.Bannenberg & Rowell created the interior using natural materials including custom bronze, stone and wood elements. Notable features include a main staircase comprising 48,001 individual components and vintage McIntosh audio systems. The layout accommodates 14 guests across six suites and an owner's deck complete with private hot tub, office and forward-facing stateroom overlooking the helideck."With Valor, we've achieved something recognizable from outer space," said designer Chris Bottoms of Studio De Voogt, referencing the owner's request for a distinctive profile. The yacht's symmetrical-thrust bow thruster and Quantum XT/MAGlift stabilization systems aim to provide comfort in rough conditions.Currently in final outfitting, Valor will begin sea trials ahead of its scheduled appearance at the 2025 Monaco Yacht Show, where it will compete for World Superyacht Awards. The project marks Feadship's continued development of large-scale hybrid yachts, though the shipyard declined to disclose build costs or delivery timeline.Additional amenities include a beach club with fold-down platforms, massage room, gym, and multiple al fresco dining areas connected by a six-deck elevator. The yacht's solar array supplements its electrical systems while maintaining clean lines in keeping with the owner's preference for a non-"wedding cake" profile.Based in the Netherlands and with roots dating back to 1849, Feadship was formed as a group in 1949 as a marketing partnership between six Dutch shipyards, de Vries Lentch, Van de Stadt, Witsen & Vis, Akerboom, De Vries Scheepsbouw and Van Lent Shipyard, and De Voogt Naval Architects. Feadship is well-known as one of the Netherlands’ most elite yacht builders and delivers superyachts from 50–100+ meters in length.Credits: Feadship
May 19, 2025
Riva has expanded its Destinations collection with a new lounge at Hotel de Mar Gran Meliá in Mallorca, officially opened on May 15. The venue combines Riva’s signature yacht styling with the hotel’s Mediterranean hospitality, featuring mahogany, ribbed maple, and steel finishes alongside iconic Aquariva lamps and Aquarama chairs.The lounge includes an indoor dining area and a sea-view terrace, complemented by a private Riva Privée area. Guests can charter a Rivamare yacht for coastal exploration, sunset aperitifs, or private dining.Located on Mallorca’s Illetas coastline, Hotel de Mar – designed by architect José Antonio Coderch – joins Riva Destinations’ existing lounges in Venice, Monte Carlo, Paris, and Jeddah. The opening event was attended by local celebrities, officials, and high-profile guests.No further expansion plans for additional Riva Destinations were disclosed. The lounge is now operational for hotel guests and external visitors.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
May 16, 2025
Feadship has completed its first two transactions through its recently launched Feadship Resale service. The sales include the 75.75-meter ONE (2025), co-listed with Edmiston and sold via Burgess as buying broker, and the 83.50-meter Savannah (2015), also co-listed with Edmiston.SavannahThe Dutch shipyard established Feadship Resale in late 2024 to leverage its technical expertise and historical build data in the brokerage market. The division currently represents six Feadship-built yachts, including the newly added 57.60-meter W."For years, owners have asked us to help sell their yachts," said Arjen van Elk of Feadship Resale. "We always directed them to brokers, but now we can offer something far more comprehensive. We know the yachts inside out – we built them."ONEThe service operates exclusively upon owner request and maintains collaborative relationships with established brokerage firms. Feadship emphasizes its role as a technical consultant rather than a direct competitor to traditional brokers, offering build specifications, maintenance records, and engineering insights to facilitate transactions.SavannahMarket response has been immediate, with multiple owners approaching Feadship directly to list their vessels. The shipyard attributes this to client confidence in its institutional knowledge of Feadship-built yachts.ONEThe Resale team now focuses on expanding its portfolio while assisting prospective buyers and sellers. No financial details were disclosed regarding the completed transactions. Feadship confirms the service will remain exclusive to yachts built by the consortium, with no plans to represent third-party vessels.The division's launch reflects growing demand for technical transparency in the superyacht secondary market, particularly for complex vessels exceeding 50 meters. Feadship's move follows similar manufacturer-backed resale programs emerging in the luxury marine sector.SavannahWith ONE and Savannah sales finalized, Feadship Resale prepares to handle additional transactions through 2025. The shipyard reports strong interest from both repeat clients and new buyers seeking verified build quality and maintenance history.Based in the Netherlands and with roots dating back to 1849, Feadship was formed as a group in 1949 as a marketing partnership between six Dutch shipyards, de Vries Lentch, Van de Stadt, Witsen & Vis, Akerboom, De Vries Scheepsbouw and Van Lent Shipyard, and De Voogt Naval Architects. Feadship is well-known as one of the Netherlands’ most elite yacht builders and delivers superyachts from 50–100+ meters in length.Credits: Feadship
May 16, 2025