The New York Times has named the owner of 134-meter Serene to be Mohammed bin Salman, Saudi Arabia's deputy crown prince. Serene was previously owned by Russian billionaire, Yuri Shefler who sold the megayacht to the crown prince in the summer of 2014. According to an associate of Mr. Shefler and a Saudi close to the royal family, Prince bin Salman had first spotted the 440-foot yacht whilst vacationing in the south of France. Interested in the megayacht, he dispatched an aide to buy the ship and the deal was supposedly done within hours at a price of near €500 million with Mr Shefler moving out of the yacht on the same day according to the New York Times. 



The Australian Maritime Safety Authority (AMSA) received an emergency call from 37m yacht, Masteka 2 at 5am on October 1st. According to the Maritime Herald, the vessel started getting water ingress and lost steering gear near New South Wales, Australia. Six people were on board at the time of the incident. The cruise ship Carnival Spirit, which was en route to New Caledonia, responded after the alert came in. The passenger vessel evacuated two crew members from Masteka 2 using their fast rescue boat. Engineers from the cruise ship assisted the rest of the crew in the salvage operation and stopped the water intake. The yacht was stabilized and under control, waiting for local authorities to dispatch a tug to tow it to the nearest harbor. 




The Daily Mail has shared the pictures of 142m S/Y A on her sea trials. The vessel, owned by Russian billionaire Andrey Melnichenko, was built at Nobiskrug in Kiel. At the end of August Mr Melnichenko came to the German shipyard and the two A has finally met. With masts taller than Big Ben, she is worth an estimated $450million. During the sea trials, S/Y A has built up a speed of 20 knots despite of the fact that her three sails have not yet been revealed.




On 27th October 2016 Lurssen launched 123m Project Jupiter at its facility in Bremen, Germany. She features a very sporty and aggressive look similar to the owner's first yacht. With exterior design by H2 Yacht Design and interiors by March & White the yacht is scheduled for delivery in spring 2017. For both design teams this is their first Lürssen yacht, and the collaboration between all parties, including Winterbothams technical services and Y.CO Management team, has worked extremely well. March & White have designed a contemporary interior throughout the vessel defined by timeless styling, nautical details and highly innovative bespoke finishes.
With a beam of 20m her interior atrium opens up the center of the yacht to pull natural light deep into the yacht. 

5. Why Fincantieri is being sued for €20.9 million over Serene



As you might know, The New York Times has recently named the owner of 134-meter Serene to be Saudi Arabia's deputy crown prince, Mohammed bin Salman. Russian billionaire, Yuri Shefler had commissioned Serene from Italy-based Fincantieri back in 2006 according to Italian media. In 2014, Fincantieri launched its second megayacht, the 140-meter Ocean Victory which was commissioned by another Russian oligarch, Viktor Rashnikov. Prior to its launch in December 2014 however, Fincantieri was ordered to pay €20.9 million to Serena Equity Limited (the company controlled by Shefler that owned Serene) by London courts. Shefler's main claim was that Fincantieri had used Serene, on which the billionaire says he holds intellectual property, to develop Ocean Victory which he says is a near sistership.




When reading about megayachts, it is easy to forget the actual scale of these vessels, often comparable with that of military and cruise ships. Here are a few images that show just how enormous these yachts are.




If you've ever been to the MIPIM real estate show or the Cannes Lions advertising festival, you've probably seen some of the most famous brands such as MailOnline or Yahoo chartering a superyacht to act as their local headquarters. Booked up to 9 months in advance, according to Bespoke Yacht Charter Broker, Alexander Coles, event charters offer a myriad of advantages for such companies during these trade shows.  Synonymous with wealth and power, the yacht itself can act as a canvas for a company's brand, significantly increasing its standing during the show through the use of banners, flags, custom carpets and lots more.




The latest edition of the Monaco Yacht Show came to a close 6 days ago after 4 action-packed days for the Principality, writing the 26th chapter of a story full of ups and downs. The Monaco Yacht Show was initially created by Maurice Cohen, head of Media Plus and creator of several other shows. The French entrepreneur however later sold the rights to the show in 1994 to IIR, a show management company that, at the time, owned a competing event, the Superyacht de Nice which has since slipped into oblivion. By 2002, the show boasted 65 yachts, half of the number of yachts in Port Hercules this year, with the 62-meter Lady Lola as a headliner. 300 onshore exhibitors had already taken up booths by this 12th edition and spanned over an area of 4,500 square meters, attracting near 15,000 visitors.




Dutch Yachting has shared the new photos of the latest Oceanco sailing yacht Y712. 106m superyacht hit the water for the first time at the Keppel Verolme shipyard in Rotterdam on September 19. She is Holland's largest yacht to date as 110m Project Jubilee is currently under construction at Oceanco. Nuvolari Lenard Design is responsible for both the exterior and interior design and Oceanco & Dykstra Naval Architects for the naval architecture. The three DynaRig masts will power the 2,700 GT full-rigged sailing yacht to more than 20 knots. 




Earlier this week Chinese conglomerate, Lai Sun Group acquired 49.9% of Camper and Nicholsons International for €13 million in what became the latest deal in a series of yacht-related acquisitions led by Chinese beneficiaries. The deal turned out to be a major financial success for Camper and Nicholsons' majority stakeholder, Colosseum Services, a Swiss luxury-goods company that had acquired the brokerage firm for a mere sum of €1 million following the liquidation of Rodriguez Group in 2014. It didn't however become the first time a struggling company in yachting was saved by Chinese behemoths.

Latest News

Feadship Resale Unveils 51m Double Haven at FLIBS
At the 2024 Fort Lauderdale International Boat Show (FLIBS), the impressive 51-meter Feadship Double Haven will make its debut as the inaugural yacht under the newly established Feadship Resale division. This marks a significant milestone for both the storied vessel and this innovative resale service.Originally launched in 1993, Double Haven has been meticulously maintained and underwent a comprehensive refit in 2024, successfully completing its Lloyd’s class certification after three decades. The yacht features a spacious interior, maximized by full-beam design. Its distinctive aft deck ingeniously converts the tender bay into a water sports activity center, providing seamless access to the aft lounge on the main deck. Notably, the upper level boasts a luxurious, self-contained apartment complete with a balcony, bathroom, and private lounge, designed for the original owners who spent extended periods onboard. With a substantial fuel capacity of 120,000 liters – 30 percent more than is typical for yachts of its size – Double Haven is equipped for oceanic voyages of up to six months and is also set up for helicopter operations.Feadship Resale aims to enhance the brokerage community rather than replace it, providing in-depth insights and technical expertise about each Feadship yacht. By teaming up with prominent brokerage firms, Feadship guarantees clients receive maximum exposure and the best possible guidance. “Our mission is to ensure that the ownership experience remains rewarding for future generations, and Feadship Resale is a significant step toward preserving the value and heritage of each yacht,” states Arjen van Elk, Manager of Feadship Resale.The current Feadship Resale portfolio includes notable yachts such as Savannah (83.5m), Somnium (55m), Wedge Too (65m), and Monaco (37.95m), with some listings in collaboration with major brokerage firms.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
38m Lumière Spotted in Sardinia
The 37.8-meter Moonen's yacht Lumière, which was delivered in June 2024, has made her debut in Sardinia during her inaugural summer in the Mediterranean. Captured in a picturesque anchorage by renowned yacht photographer Charl van Rooy, Lumière is seen glowing in a golden haze under the warm Italian sun. The yacht's Australian owners are enjoying their first season aboard this magnificent vessel.The owners expressed their appreciation, stating, “We commend Moonen and the extended team for delivering what I can only describe as an exceptional vessel. After her delivery to Mallorca from the Netherlands, we spent four weeks cruising with family and friends. Without fail, everyone who stepped onboard was amazed by the quality of finishes and the level of comfort. It exceeded all expectations. It was fantastic to see four Moonen Martinique yachts docked in Port Adriano – they truly are the finest yachts there.”Lumière is the fifth yacht inspired by Moonen’s esteemed Martinique design, known for its fast-displacement long-range capabilities, harmonious indoor-outdoor living, and unparalleled customization options. The owners were actively involved throughout the two-year construction process, requesting features like an extended sun deck with a large hot tub, a custom swim platform, and a uniquely designed interior in collaboration with Studio Indigo.The Captain remarked, “It's very comforting to know you are on a Moonen, where safety in quality makes the difference,” adding that the Moonen Martinique is “simply the best in her size range.”Constructed with a high-tensile steel hull and an aluminum superstructure, Lumière boasts a top speed of 17 knots and a cruising range of 4,000 nautical miles at 10 knots. With a spacious interior volume of 345 gross tons, she accommodates up to 12 guests in five cabins and can carry a crew of seven.Moonen Yachts is a yacht builder based in the Netherlands, and its first yacht was built in 1964 under the original yard name of De Ruiter. In 1981, the yard was renamed Moonen Shipyards. It’s launching its first vessel under new ownership: Alhena. In 2017 Moonen Shipyards changed into Moonen Yachts. With the help of strong vision, innovative technology and new designers, Moonen is once again becoming the market leader in 30m to 50m luxury yachts.Credits: Moonen Yachts
Outfitting Activities Progressing for the Admiral 53m Hybrid
Progress is underway at the Marina di Carrara shipyard on the outfitting of the latest 53-meter motor yacht, a part of the Admiral 50 series. This marks the third vessel in the semi-custom Admiral line, continuing The Italian Sea Group's commitment to high-quality, sustainable yacht production.Construction of the hull and superstructure is advancing as scheduled, with system installations and optimization currently ongoing. Following this phase, the ship will enter the outfitting stage.The Italian Sea Group (TISG) is firmly establishing its presence in the semi-custom production market, maintaining a premium standard by exclusively utilizing aluminium in its builds.The Admiral 53m superyacht features a cutting-edge e-MOTION hybrid propulsion system. This includes two MAN DIESEL engines, four variable-speed generators, two permanent magnet electric motors, and an extensive lithium polymer battery pack. The innovative system provides several operational modes:The diesel main engines and electric alternators can power all onboard services while navigating with the generators off, allowing for battery recharging. Variable-speed generators adjust their output according to onboard load requirements, enhancing fuel efficiency.The battery pack can sustain operations for approximately eight hours without emissions, noise, or vibrations, enabling electric entry into ports while maintaining silence in docking operations.The battery system includes a "peak-shaving" function to manage short-term load spikes, preventing the need for additional generator activation, and ensuring uninterrupted operation during temporary shore power losses—common in many ports.Giovanni Costantino, Founder & CEO of The Italian Sea Group, expressed pride in this fully aluminium, hybrid superyacht, the first in the Admiral 50 line. "This project reflects our dedication to sustainability, a commitment we began in 2016 with the launch of the world's first hybrid-powered yacht in its size range, the 55-metre Admiral Quinta Essentia."The design of the Admiral 53m emphasizes an unobstructed visual experience, promoting a seamless interaction between outdoor and indoor spaces. The interiors, crafted from high-quality natural materials such as wood, stone, and textured metals, exude sophistication and warmth. The owner's suite on the upper deck offers panoramic views on three sides and features an exclusive private deck.The superyacht can host up to 12 guests in five spacious suites on the lower deck, in addition to the owner’s cabin located on the main deck.Scheduled for delivery at the end of 2025, the Admiral 53m continues to embody The Italian Sea Group's commitment to innovation and sustainability in yacht design.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
43m Yacht To Be Built by Alia Yachts
Alia Yachts is excited to reveal the sale of an impressive 43-meter bespoke yacht, which is currently under construction at their Antalya shipyard, with a scheduled delivery date in 2026.Designed by the renowned Vripack, this world cruiser boasts sleek and modern exterior lines, tailored for a family intending to embark on extensive journeys, potentially spending up to two months aboard. The project emphasizes energy efficiency, aiming to minimize the yacht’s carbon footprint through advanced naval engineering and cutting-edge onboard technology.One of the standout features of this yacht is the innovative folding bulwarks amidships, which uncover a tender area capable of accommodating an 8-metre beach lander. When the balconies are extended, this space transforms into a serene chill-out zone, strategically positioned in the yacht’s most stable area and separated from the dining room by a glass wall, conveniently adjacent to a gym.The bridge deck behind the wheelhouse is primarily dedicated to the master stateroom, which includes a spacious walk-in wardrobe and a private study. Additionally, the lower deck provides luxurious accommodations for eight guests, featuring four well-appointed suites.“It’s a pleasure to collaborate on a third project with Vripack—the creative minds behind the 55-meter Al Waab, the longest steel and aluminum yacht under 500GT globally, as well as our 60-meter flagship that is currently in development and slated for launch next year,” remarked Alia President Gökhan Çelik. “With this newest contract, we now have six custom projects at various stages of construction, from newly initiated builds to those nearing completion, showcasing that Alia Yachts continues to capture attention in the bespoke superyacht market.”Alia Yachts was founded in 2008 by Gokhan Çelik and Omer Koray. Located in the port of Antalya on the beautiful Turkish Riviera, Alia Yachts shipyard currently occupies approximately 8,000 m2, including three construction halls with their suites of specialist workshops and a dedicated interiors facility. With an additional 16,000 sq. m under development for 2019, Alia Yachts will rank among the top facilities in the region.Credits: Alia Yachts
Omikron Yachts OT-60 at the Olympic Yacht Show
Omikron Yachts to participate in the Olympic Yacht Show, taking place from October 10th to 13th, 2024. This event will unfold at the company's original location in Olympic Marine, serving as a vital platform for Omikron Yachts to reinforce its presence in the Greek market while introducing the award-winning OT–60 yacht, freshly celebrated at the Cannes Yachting Festival.The recent success of Omikron Yachts at the Cannes Yachting Festival has significantly elevated its global profile, with the OT-60 receiving the prestigious ‘Revelation of the Year’ accolade during the Yacht Trophies. In addition, the brand unveiled the design of its forthcoming model, the OT-80 – a “local explorer” featuring an enclosed flybridge, impressive transatlantic range, and advanced efficiency. This year, the OT-60 is also a finalist in the Best of Boats Awards under the ‘Best Big Boats’ category, further solidifying its status among industry leaders. These honors reflect the innovative design and eco-friendly ethos that define the brand, seamlessly merging the elegance of sailing yachts with the practicality of motor yachts and heralding a new era of sustainable cruising.The Olympic Yacht Show holds special significance for Omikron Yachts, as it will be hosted at Olympic Marine—the very birthplace of the OT-60. This "homecoming" event provides a unique opportunity for yachting aficionados to connect with the model firsthand and appreciate its remarkable journey on the international stage. Attendees will have the chance to admire the exceptional craftsmanship, innovative design, and distinctive features that have established the OT-60 as a transformative vessel in its class.Nikolas Dendrinos, Chairman of Olympic Marine, emphasized the importance of this event for Omikron Yachts, stating, “This year’s Olympic Yacht Show is especially meaningful for us. It not only represents our home turf but also brings to a close an extraordinary year of accolades for the OT-60, both domestically and internationally. Following our success in Cannes, we are eager to present the OT-60 in the waters where she was born.”Between 1969 and the late 90s, the Olympic Yachts shipyard manufactured over 2,000 sailing boats. Starting in 2019, the shipyard underwent a comprehensive renovation, revitalizing its capabilities to design and manufacture contemporary, high-quality boats.Credits: StudioReskos/Omikron Yachts