Following the fall of the Soviet Union in 1991, some Russians have amassed vast fortunes and are today responsible for some of the largest and most advanced superyachts in the world.

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First Electric Sialia 45 Yacht Reaches Another Construction Milestone
The construction of the innovative Sialia 45 yacht at the shipyard in Poland is proceeding according to plan. A major achievement has been marked with the completion of the hull and deck. The first fully electric Sialia 45 is expected to be unveiled in June, with its official debut taking place at the Cannes Yachting Festival in September 2025. With its advanced battery system, the yacht boasts a range of 55 nautical miles at 25 knots using standard batteries, while the endurance pack extends this range to over 130 nautical miles. Furthermore, it features rapid charging, allowing the batteries to reach 90% capacity from 10% in just over 2.5 hours.As work progresses on the Sialia 45, the hull and deck have been successfully finished, and the bottom liner is nearing completion, signifying a crucial phase in the production process. One standout feature is the use of cutting-edge carbon technology in constructing the hull. Employing three distinct infusion techniques, the lightweight yet durable carbon-fiber composite achieves optimal performance and longevity. The full carbon sandwich epoxy construction ensures structural integrity and minimizes noise and vibrations, delivering a smooth and comfortable experience.With the target completion date set for late June, Sialia Yachts is confident about meeting their production goals. Once the first unit is delivered, manufacturing will ramp up to produce an impressive ten vessels annually. According to Milvio Ricci, Chief Commercial Officer at Sialia Yachts, this meticulous approach reflects the company's commitment to quality and attention to detail.The Sialia 45 promises unmatched power and efficiency. Powered by dual 300 kW motors, the 14-meter electric cruiser can attain speeds of up to 43 knots. Featuring top-tier amenities, spacious interiors, and versatile deck designs, the yacht is designed for extended journeys without compromising speed. Using the standard 500 kWh battery pack, the Sialia 45 can travel 55 nautical miles at 25 knots, while the optional 200 kWh endurance pack increases this range to 77 miles.For even greater flexibility, the yacht can be equipped with either a 140 kW or 350 kW biodiesel range extender, extending the range to 164 or 240 nautical miles, respectively. Fast-charging capabilities ensure minimal downtime, enabling users to quickly recharge the batteries from 10% to 90% within 3.5 hours—even with the enhanced endurance pack installed.Offered in three distinct models – Runabout, Sport, and Weekender – the Sialia 45 caters to diverse needs. The Runabout model incorporates a sleek, low-profile windshield and open deck layout inspired by traditional motorboats. Meanwhile, the Sport variant adopts a center console configuration with a protective windscreen and roof, offering shelter from the elements. The Weekender version features a glass deckhouse that can transform into a climate-controlled indoor-outdoor space, perfect for warmer or cooler climates.Each model boasts a well-designed lower deck, including a full-spec bathroom with a shower and an optional galley or salon area. Multiple seating arrangements, expansive sun pads, and customizable finishes allow owners to tailor their yacht to suit their preferences, whether they seek a functional pleasure craft or a luxurious superyacht.Sialia Yachts prioritizes sustainability across every aspect of design and production. Beyond the eco-friendly electric drivetrain, the company utilizes recycled materials such as cork flooring and emphasizes lifecycle considerations. These measures reduce environmental impact while ensuring high-quality craftsmanship. Additionally, the electric motors require minimal maintenance, eliminating the need for frequent oil changes or servicing typically associated with combustion engines. Batteries are rated for 30,000 cycles and come with a five-year warranty, ensuring reliability and peace of mind for owners.Established in 2017, Sialia Yachts, owned by Silent Straits, is a company focused on sustainability and ocean-friendly innovation aiming to set new standards in yachting, with designs that inspire both enthusiasts and experts. The company offers the following models: 45, 59, and 80 Explorer. Sialia Yachts is based in Warsaw, Poland, with a team that includes members in the Netherlands and Italy.Credits: Sialia Yachts
Sunreef Yachts Opens Sunreef Lounge in Shanghai
On March 30th, Sunreef Yachts made a significant stride in its global expansion by inaugurating the Sunreef Lounge in Shanghai. Strategically situated at the prestigious Sunch Yacht Club in Pudong, this new facility symbolizes the company's dedication to advancing luxury yachting in Asia.More than just an exhibition space, the Sunreef Lounge acts as a cultural center, facilitating meaningful interactions between clients, collaborators, and enthusiasts. Here, visitors can explore Sunreef's state-of-the-art technologies and environmentally conscious solutions in a refined and engaging atmosphere.Central to the lounge's offerings is the groundbreaking Sunreef Ultima line, which integrates speed, comfort, and sustainability. Designed to inspire responsible ownership, this cutting-edge collection highlights the shipyard's commitment to shaping the future of eco-conscious yachting.By merging global luxury standards with local customs and sustainability principles, Sunreef Yachts establishes itself as a trailblazer in the Asian market. This initiative marks a promising era for the brand and sets a new benchmark for the evolution of yachting in the region.Sunreef Yachts was founded by Francis Lapp in 2002 in Gdansk, Poland. Since then, the shipyard has been designing and manufacturing luxury sailing and power multihulls. Credits: Sunreef Yachts; rleine/unsplash.com
Trinity-Built 51m Motor Yacht Sapphire Finds New Owner Through Auction
Northrop & Johnson announces the successful sale of the 51-meter Sapphire, a Trinity-built motor yacht, through Boathouse Auctions. Represented by Yacht Brokers Sean Doyle and Wes Sanford, Sapphire attracted serious interest from qualified buyers leading up to the auction, reflecting her strong market appeal.Delivered in 2009 and constructed using lightweight aluminum to ABS classification standards, Sapphire embodies the finest traditions of American yacht construction. The vessel underwent a comprehensive refit in 2019, followed by substantial technical upgrades in 2020 and 2021, including engine rebuilds and generator replacements. Recently completing her five-year survey, Sapphire entered the market in prime condition, ready for immediate use.A standout feature of Sapphire is her versatile layout, which accommodates up to 20 guests across seven well-appointed staterooms. This configuration makes her ideal for large families or as a capable mothership support vessel. Guests can choose from two triple cabins with queen and twin beds, two twin cabins with Pullman berths, and additional cabins on the main and bridge decks. The bridge-deck master suite stands out with its luxurious ensuite bath, soothing bathtub, and direct access to a private exterior deck.Zero-speed stabilizers and a shallow draft ensure smooth cruising and easy navigation to popular destinations like Florida and The Bahamas. With a 4,000-nautical-mile range, Sapphire is equally adept at long-distance travel.Outdoor spaces are carefully designed for leisure and entertainment. The sundeck boasts a relaxing hot tub, a well-stocked bar, and multiple lounging and dining options. Other al fresco areas include the Portuguese bridge, bridge deck aft lounge, and a spacious main deck aft dining table. Thoughtful integration of tender and toy storage keeps the decks clear and functional.James McFarlane’s interior design combines timeless elegance with practicality. The main salon offers ample seating, a welcoming bar, and a formal dining area for 14 guests, enhanced by an abundance of natural light. Forward of the salon lies a multipurpose bonus room that can serve as a playroom or an extra VIP suite.Featuring a proven platform, recent technical improvements, and generous accommodations, Sapphire presents an attractive option for experienced yacht owners seeking a capable, family-focused superyacht.Credits: Northrop & Johnson
CL Yachts Appoints Revolution Marine Group Europe as Exclusive Dealer for Europe and Turkey
Expanding upon its established presence in North America and Asia, CL Yachts is delighted to announce an exclusive dealer agreement with Revolution Marine Group Europe GmbH. Under this partnership, the Austria-based company will act as the official distributor for CL Yachts' renowned A and B Series throughout Europe and Turkey. These strategic regions, characterized by their rich yachting heritage and sophisticated clientele, represent a significant opportunity for CL Yachts to cater to increasing market demands for its cutting-edge luxury performance vessels.As part of this global expansion strategy, CL Yachts has ensured that each product line receives specialized representation. While the A and B Series will now be exclusively handled by Revolution Marine Group Europe, the distinguished X Series will continue to benefit from the expert oversight of Camper & Nicholsons, maintaining focus on the unique requirements of this segment.Known for prioritizing customization and craftsmanship, CL Yachts sees great synergy with the European and Turkish markets, where bespoke solutions tailored to individual preferences resonate strongly. This alignment positions CL Yachts favorably among discerning yacht enthusiasts seeking superior quality and personalized experiences.Martin Lo, Director of CL Yachts, expressed optimism regarding the partnership, saying, "Partnering with Revolution Marine Group Europe is a pivotal step forward as we deepen our engagement in Europe and Turkey. Their extensive knowledge and regional expertise will allow us to introduce the CL Yachts experience to a broader audience of passionate boaters."Echoing this sentiment, Sergey Kurylev, Managing Director of Revolution Marine Group Europe, noted, "It is an honor to collaborate with CL Yachts. Their ingenuity and craftsmanship are sure to appeal to yacht owners in this vibrant market. Together, driven by shared values and dedication to excellence, we look forward to delivering unmatched boating experiences."Through this alliance, CL Yachts aims to capitalize on emerging business prospects while solidifying its reputation in the competitive yachting landscape. Moreover, the partnership opens doors for localized innovations designed to meet the diverse needs and preferences of customers in these dynamic regions.Carmen Lau, Senior Advisor at Camper & Nicholsons, highlighted the continued collaboration with CL Yachts, particularly in promoting the revolutionary X Series. She remarked, "The CLX96 and CLX99 embody CL Yachts' pioneering spirit, blending advanced technology with impeccable comfort and performance. We anticipate considerable interest in these models across Europe and Asia, bolstered by our expertise in the global superyacht arena."CL Yachts’ goal is to offer unparalleled experiences to the modern explorer. The luxury performance brand stands apart from its competitors thanks to its unique approach to design – driven by CL Yacht’s core value of innovation. Fusing progressive design with engineering prowess and state-of-the-art technology, every element of CL Yachts’ vessels are meticulously geared to steer luxury into uncharted territories.Credits: CL Yachts
115-m Lürssen Superyacht Ahpo Listed for Sale with Record Price
The 115.1-meter Lürssen superyacht Ahpo has returned to the brokerage market with an asking price of €340 million, making it the most expensive luxury yacht currently listed for sale. Represented by Alex Busher of Edmiston and Moran Yacht & Ship, Ahpo was originally sold as a new build by Moran Yacht & Ship in 2017 to a repeat Lürssen client and began construction under the codename Project Enzo.Completed in 2021 and showcased at the Monaco Yacht Show the following year, Ahpo boasts a striking design by Nuvolari Lenard, featuring trademark half-moon windows and tapered decks. The yacht was last sold in-house by Moran Yacht & Ship in May 2023, believed to be the largest brokerage deal in history.Designed with both exterior and interior detailing on technical and aesthetic fronts, Ahpo offers accommodation for 16 guests in eight staterooms and four staff cabins. The owner's private duplex includes an exceptional gym, while side decks on the sky lounge deck span 100 meters, allowing guests to take strolls in the fresh air without disembarking.Health and wellness are priorities on board, with a nature-themed spa featuring a massage room, Himalayan salt sauna, and a Turkish-style Hammam finished in vibrant mosaics and ivory onyx. Throughout the vessel, nature is a recurring theme, seen in the artwork, the central staircase depicting an olive tree, and the grand dining room themed around water lilies.Technical highlights include twin MTU 20V 4,000hp engines, advanced systems such as a heat recovery mechanism for warming the swimming pool, dynamic positioning, four Quantum fin stabilizers, and controllable-pitch propellers for low-speed manoeuvrability. The 5,257GT superyacht is crewed by 36 and is equipped with two custom 12-meter IC Yacht guest tenders, rescue tenders, and a commercially certified helipad supporting a Sikorsky S-76 helicopter.Lürssen is a German shipyard with headquarters in Bremen-Vegesack and shipbuilding facilities in Lemwerder, Berne and Bremen-Aumund. Founded in 1875, Lürssen is one of the world's leading builders of custom luxury superyachts and has launched many of the largest yachts in the global fleet.Credits: Lürssen