1. The owners of 62m Rossinavi superyacht Vector revealed
In June Italian shipyard Rossinavi announced the construction of 62m superyacht Vector, known as project FR031. The name of the owner was not revealed at that time, however we did know that the client was a US citizen. Now the Miami Herald has reported the owners to be J.R. and Loren Ridinger, Miami Beach internet marketers. The society couple and founders of Market America said that the superyacht is their biggest purchase on water yet.
Donald Trump has just stunned the world by becoming President-Elect of the United States. The American billionaire's impact on the yachting industry however traces back to the late 1980s with him commissioning the world's largest yacht and buying a shipyard.
Icon Yachts together with Bristow Holmes brokerage firm unveiled 46m The Gotham Project. Built by the Dutch shipyard and designed in partnership with ER Yacht Design, she promises to be one of the most iconic yachts of the future. Ivan Erdevicki styled the yacht's interior, whilst Icon Yachts and Van Oossanen were responsible for the naval architecture. The Gotham Project is able to accommodate 10 guests in 5 cabins, as well as a crew of 10.
At the 2016 Fort Lauderdale International Boat Show, Oceanco revealed its latest design, the 102m Project Spectrum. Aptly named, Spectrum was conceived by Nauta Design and the Dutch shipyard to encompass a broad range of possibilities, both in terms of her propulsion system and living spaces. She maintains a sleek, streamlined profile, which allows lower resistance through the water.
Fincantieri has teamed up with one of the world's most esteemed yacht designers Horacio Bozzo to create the 120-metre megayacht concept Private Bay. Exterior relaxation spaces are plentiful, with two large Jacuzzi’s, one on the foredeck and one on the sun deck, both surrounded with large sunpads and relaxation areas. Back aft, the open beach club concept is a unique feature that includes a 160m2 lounge area with side openable windows, alfresco cinema, and a huge sea level pool with bar. There are also submergible stairs, a platform for gentle access to the ocean, and a generous swim-platform for easy boarding of water toys.
Oceanco's highly confidential 88.5m superyacht, Y715, has been recently lowered into the water in Keppel Veroime. Launched at the end of October, she has a beam of 14.5m and a draft of 3.95m. Exterior styling and interior design are by Sam Sorgiovanni Designs. She presents a modern sporty look with a dark blue hull which is generously offset with a contrasting white superstructure. With no sharp edges, she has a very organic form with large elliptical-shaped hull windows that complement Y715’s curvilinear profile. Further details remain confidential at this time.
To anyone familiar with the yachting industry, the notion of a golden, 30-meter yacht valued at $4.8 billion will sound absurd. This has however not always been the case with mainstream media who have sometimes been fooled by ridiculous press releases.
Norway-based Ulstein Verft has signed a contract on building a yacht for a private owner, one of the world’s biggest ship owners. This will be the first vessel for Ulstein within this segment. The marine platform and hull line design is developed by Ulstein Design & Solutions. Exterior design and general arrangement plan will be supplied by the renowned yacht designer Espen Øino.
During the FLIBS 2016 Italian shipyard Mondomarine unveiled the M42 Atlas project designed by Gregory Marshall and developed in collaboration with Northrop & Johnson. M42 Atlas is designed to sleep 12 guests in five staterooms, including an on-deck master cabin with options for his-and-hers bathrooms or a larger dressing area. Two of the lower-aft cabins can be combined to create one large VIP suite. All cabins are en-suite and benefit from oversized windows and portholes, filling all cabins with natural light. M42 Atlas is listed for sale for €24,500,000.
Italian shipyard Cantieri di Pisa has announced the sale of Kitalpha 22 more than a month ago. Now we've been informed that the first unit is currently under construction.
Kitalpha 22 is able to sleep up to 8 guests in an owner's full-beam suite and three cabins, each hosting private bathrooms. There is also a room at the bow for two crew members. Her alluring amenities include an amazing beach club, a gym/spa area. The stern cockpit on the main deck hosts a tender.
Mengi Yay Shipyard has successfully launched the Atlante Classic 35, a new explorer yacht designed for luxury expedition cruising. The vessel marks the shipyard’s first foray into the luxury yacht market following its traditional focus on commercial vessels.The 35-meter yacht features a steel hull and aluminum superstructure, designed by Mengi Yay’s in-house team. The vessel is equipped with twin Caterpillar C18 engines, providing a top speed of 15 knots and a cruising speed of 12 knots. The yacht has a range of 4,000 nautical miles at 10 knots.The Atlante Classic 35 can accommodate up to 12 guests across 6 staterooms, including a master suite, VIP suite, and four guest cabins. The crew accommodation consists of 8 cabins for the crew of 10. The yacht features a spacious main deck saloon, an upper deck sky lounge, and an open flybridge with alfresco dining facilities.The interior design focuses on a contemporary style with natural materials and neutral tones. Key features include a large beach club area with a garage for water toys, a gym, and a spa area. The yacht is also equipped with zero-speed stabilizers for enhanced comfort at anchor.“The Atlante Classic 35 represents a significant milestone for Mengi Yay,” said Mehmet Mengi, CEO of Mengi Yay Shipyard. “We are proud to introduce our first luxury explorer yacht, combining our decades of experience in shipbuilding with modern technology and design.”The vessel is designed for worldwide exploration, featuring a shallow draft of 2.2 meters and a fuel capacity of 45,000 liters. The Atlante Classic 35 also incorporates advanced navigation systems and a state-of-the-art stabilization system.The yacht’s construction began in 2023, and after its launch, it will undergo extensive sea trials and final outfitting before delivery to its owner. The Atlante Classic 35 is expected to be completed in early 2025.Mengi Yay Shipyard, founded in 1972, is one of Turkey’s leading shipbuilders with a focus on commercial vessels. The launch of the Atlante Classic 35 marks the company’s expansion into the luxury yacht market.Credits: Mengi Yay
June 2, 2025
Moonen Yachts has secured the sale of its seventh 37.4-meter Martinique model (YN205) through IYC brokers Matthew Stone and Josh Marshall. The transaction marks the second in-house sale since IYC became Moonen's global sales representative.The American buyer selected the Dutch-built yacht for its customizable layout and indoor-outdoor connectivity. Construction will now extend beyond the original four-week delivery timeline to accommodate owner-requested modifications, including a hot tub installation."This sale demonstrates Moonen's flexibility in meeting client needs," said Matthew Stone, IYC Managing Partner. "The yard stood out among six competitors for its balance of quality, comfort and safety."Designed by René van der Velden with naval architecture by Diana Yacht Design, the 345GT Martinique features Hollander Yacht Design interiors. The yacht will undergo sea trials in the Netherlands before delivery to the U.S. East Coast later this year.Richard Gray, IYC's Head of Sales UK, noted: "This transaction reflects the effective collaboration between IYC and Moonen Yachts in our global representation partnership."The Martinique series continues to attract buyers seeking semi-custom steel-hulled yachts with Dutch engineering. Current construction progress indicates on-schedule completion of the customized modifications prior to sea trials.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
June 2, 2025
Turkish yacht builder Numarine has launched two new explorer yachts - the 37-meter 37XP (hull 18) and 26-meter 26XP (hull 27), with a 32.6-meter 32XP (hull 14) scheduled for June delivery. All models feature designs by Umberto Tagliavini (naval architecture) and Can Yalman (exterior/interior)."The XP Series remains one of the most successful explorer ranges in the industry," stated Numarine Chairman Ömer Malaz. "Our yachts from 22 to 47 meters combine stylish design with functional features including ample storage and noise reduction."37XPThe new 37XP flagship offers 362 GT volume and 6,000 nm range at 8 knots. Its layout includes seven guest cabins, with main deck master suite and upper deck VIP option. The 83 m² flybridge and 9-meter tender storage highlight its expedition capabilities.32XPThe 32XP model maintains its position as the series' original offering since 2017, with 4,000+ nm range and six-cabin configuration. The 26XP features four cabins and 3,000 nm range, with optional solar panels and lithium batteries.32XPAll three yachts utilize steel hulls with composite superstructures, emphasizing long-range cruising and onboard comfort. The launches precede the anticipated July 2025 debut of Numarine's new 40MXP model.26XPNumarine, a European high-performance motor-yacht shipyard headquartered in Istanbul, offers a range of yachts from 19 to 45 meters.Credits: Kerem Sanliman; Ryan Alexander; all provided by Numarine
June 2, 2025
Oyster Yachts has introduced its new 24-meter 805 sailing yacht, developed with Humphreys Yacht Design. The model features a twin-access swim platform, configurable interior layouts, and solar-powered hardtop.CEO Ashley Highfield confirmed first delivery for 2027. The yacht offers 3.4-meter or 2.7-meter keel options, with the latter complying with Mediterranean seagrass regulations.Former Rolls-Royce CEO Torsten Müller-Ötvös joins as strategic advisor, stating: "Oyster is very similar to what Rolls-Royce is all about with its relentless striving for perfection."The 805 includes four convertible guest cabins and Oyster's largest sub-30-meter owner's suite. Standard features include ultra-thin marble surfaces and 3kW solar generation.Oyster Yachts was founded in 1973 by Richard Matthews. For 52 years the British brand has created the world’s finest luxury bluewater sailboats.Credits: Oyster Yachts
May 30, 2025
The 2025 ICOMIA Congress, hosted by Spain's ANEN in Palma de Mallorca, concluded yesterday after five days of meetings and events. The gathering, held concurrently with IFBSO's annual congress, brought together marine industry representatives, including Italy's delegation led by Andrea Razeto of the Italian Marine Industry Association.Key discussions centered on three committees chaired by Stefano Pagani Isnardi: the Technical Committee addressed upcoming revisions to the European Recreational Craft Directive; the Superyacht Division examined IMO greenhouse gas reduction proposals and French anchorage restrictions; while the new Trade and Market Intelligence Committee analyzed global tariff developments. ICOMIA has launched dedicated online resources for Posidonia meadow protection updates and tariff tracking.Frank Hugelmeyer (NMMA) was elected ICOMIA President, succeeding Darren Vaux, with Finnboat's Jarkko Pajusalo as Vice President. The board expanded to include representatives from Spain, Turkey, Sweden, and Australia alongside existing members.The 2026 Congress is scheduled for May 24-28 in Washington, D.C., hosted by NMMA.Credits: The Italian Marine Industry Association; Eugene Zhyvchik/Unsplash
May 30, 2025