1. How Russian oligarchs shaped the yachting industry


Photo by Julien Hubert

Following the fall of the Soviet Union in 1991, some Russians were able to amass vast fortunes putting them amongst the richest men in the world. According to Forbes, Russia currently has 77 billionaires despite the country's current economic crisis. In the past two decades, these oligarchs have been instrumental to the development of the yachting industry, setting a new benchmark as to what could be considered to be a megayacht. Here are some of the most advanced and industry-leading yachts that were commissioned by Russian oligarchs over the past two decades.



Photo by Guillaume Ettori‎

Pelorus is a luxury motor yacht, built by Lurssen in 2003 to a Tim Heywood exterior design and Terence Disdale interior style. Measuring 114.5m, the vessel was commissioned by a Saudi Arabian billionaire before Roman Abramovich bought it at launch. Pelorus' highlights include two swimming pools and the vast sea-level platform that is created by opening the transom, as well as two helicopter pads. Other features include a movie theatre, dance floor, gym, spa and Jacuzzi.




British yacht designer Andy Waugh presented the 45m concept named Revolution. As with the projects ExpeditionEpiphany and Nouveau, the new concept pushes the boundaries of yacht styling. According to the designer, "it should appeal to the kind of client who is bored by traditional yachts and wants to stand out in the crowd and make a bold statement".




Eddie Jordan, the former owner of the Jordan Grand Prix Formula 1 team and current Top Gear co-presenter, has put his 47m yacht, Blush up for sale. Represented by Camper and Nicholsons International, Blush's asking price has been set at £19,500,000.



Photo by Kurt Arrigo

Heesen Yachts has shared the new images of recently delivered superyacht Amore Mio. Official photoshoot of the 45m vessel took place in Gozo and Comino, Malta. 



Photo by Julien Hubert

The most innovative yacht from Feadship, 83.5m Savannah, has been spotted in the South of France. Launched in January 2015, she was built by the Dutch yard to a design of CG Design in collaboration with Feadship De Voogt Naval Architects. The superyacht hosts a nine-metre swimming pool, an underwater lounge at port side, where guests can watch fish swim past, and a cinema. Moreover, Savannah boasts an exceptionally high-end tender bay finished in teak with a hatch that doubles as a mooring platform. After docking, guests can walk inside the garage and take the stairs straight up to the main deck.




Dennis Ingemansson is a Swedish superyacht designer, who is behind the 50m concept Follow the Sun, made in collaboration with the Turkish shipyard NedShip Group.  The concept focuses on ecological solutions such as 160+ square meters solar cells area and hybrid solution with additional e-engines for propulsion during slow cruising.




Italian shipyard Overmarine is proud to announce the launch of 42m Mangusta Oceano. The yacht was presented at the launch ceremony on 4th June and was attended by her owner and the mayor of Pisa. Alberto Mancini designed the vessel and put an emphasis on creating an open experience with the glazed surfaces becoming a source of natural light. The yacht's key feature is a sunbathing area with a swimming pool hosting an infinity-style waterfall. 



Photo by Julien Hubert

Recently delivered Feadship vessel, 66.25m Vanish, has been spotted in Antibes after being seen in London last month. Styled by Eidsgaard Design, she is another superyacht which the Dutch yard has made in collaboration with the London-based studio following such projects as Tango and Halo. One of her highlights includes the large free-standing staircase that is flanked by a glass wall in the full-height atrium. Vanish also boasts two touch and go helipads and an outdoor cinema.




When one thinks of sports and physical activity onboard a superyacht, one's mind typically jumps to watersports or gym-based workouts. However, as owners' expectations grow with regards to the amenities that they require, new sports have made their way onto the water.

Latest News

Nautor Swan Showcases Five Maxi Yachts and New ClubSwan 43 at Palma Events
Nautor Swan will present five maxi yachts at the Palma International Boat Show (April 30-May 3) while its new ClubSwan 43 makes its racing debut at the concurrent PalmaVela regatta. The Finnish builder's display includes the Swan 108 Fancy as centerpiece, alongside Swan 98s Drifter Cube and Alix, Swan 90 Berenice Cube, and Swan 78 Sulita in Port Vell's Superyacht Village.The 33.5-meter Fancy features quarter-cut oak interiors with light brown finishes, accommodating owners and guests across four en-suite cabins plus crew quarters. Three new Swan models (80, 108, 128) remain in development.At PalmaVela, the ClubSwan 43 Vargen will compete in ORC-rated races while maintaining one-design specifications for the brand's racing circuit. Over 110 vessels are participating in the regatta hosted by Real Club Náutico."We're approaching Palma with strong dedication," said Nautor Swan CEO Giovanni Pomati. "This show is becoming one of the most important, thanks to top shipyards and passionate owners." ClubSwan Yachts head Federico Michetti noted: "These are the first races for the ClubSwan 43 under rating rules, and we're continuing its fine-tuning for competitive performance."Nautor Swan was founded in 1966 in Pietarsaari, Finland. The builder entered the superyacht market in 1999. Since then, the yard has continued building high-performance sailing yachts in three different lines; ClubSwan, Swan Yachts and Maxi Swan Yachts. Credits: Nautor Swan
Contract for 63m Sailing Yacht Project Dreamer Secured by Vitters
Dutch shipyard Vitters has signed a contract to build the 63-meter sailing yacht Project Dreamer, with construction set to begin this year at its Zwartsluis facility. The aluminum-hulled vessel, designed to maximize volume within a 500GT limit, is scheduled for delivery in 2028.Malcolm McKeon Yacht Design will handle the exterior styling, which features a radiused transom and an expansive flybridge spanning the full superstructure width with dedicated lounge and dining areas. The design incorporates a mid-lazarette with fold-down hull door for water toy deployment.Milan-based M2Atelier will develop interior spaces characterized by open layouts, natural materials, and botanical elements. Owner's representative Greg Monks stated the project will "set new standards" for flybridge yachts, emphasizing reduced noise/vibration and sustainable operation.Vitters has not disclosed technical specifications, though the yard confirmed construction will adhere to the client's request for optimized interior volume within the 500GT threshold. Additional details will be released during the build process.Vitters Shipyard is a Dutch high-end performance yacht builder. The shipyard was founded in 1990 by Jan Vitters. The company delivered the first luxury sailing boat, the 28m Aphrodite, in 1993. Vitters Shipyard has a crew of dedicated engineers and craftspeople who have a strong eye for detail and the passion to exceed the expectations of its yacht owners. Credits: Vitters
Videoworks Implements Advanced AV System on Custom Line Navetta 38
Videoworks has completed an innovative audio-visual and connectivity installation aboard Custom Line Navetta 38 Telli, the new yacht owned by Ferretti Group CEO Alberto Galassi. The system eliminates traditional satellite TV (TVRO) in favor of a fully streaming-based approach, marking a technological milestone for yachts in this size category.The setup includes high-performance Starlink maritime antennas delivering speeds up to 220 Mbps, supported by dual 5G modems as backup. "The owner requested very fast Starlink connectivity offering streaming, internet and multiple pay-per-view services," said Giovanni Varone, Yachting Sales Manager at Videoworks. "This is the first time we’ve installed such advanced systems on a project of this size."Audio features K-array and James loudspeakers for exterior areas, while interior spaces utilize Bang & Olufsen’s Beosound Theatre soundbar and Beolab 19 subwoofer. A custom pop-up speaker system was developed for the beach area, integrated with Videoworks’ Slim Audio Matrix for automatic calibration.Beolab 19Control is managed via an HTML5-based web engine, adapting dynamically to tablets, smartphones, and PCs. Hardware is consolidated into two centralized racks and a dedicated decoder distribution unit."This yacht represents the future of onboard connectivity," said Paolo Tagliapietra, Connectivity Solutions Manager at Videoworks. "The complete reliance on streaming is a game-changer for the industry."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
Refitted 27m Slow Poke Completes Major Transformation
The 27.5-meter motor yacht Slow Poke (ex-Coy Koi) has emerged from a comprehensive $8 million refit at Safe Harbor Lauderdale Marine Center, completed in 2024. Originally built in 2000 as part of Kuipers' Doggersbank series, the Vripack-designed explorer underwent a 2.5-year transformation to suit its American owner's preferences for vintage-inspired functionality.Key modifications include a 2.5-meter hull extension with a CFD-optimized bulbous bow, improving speed by 2 knots and reducing fuel consumption by 10%. The redesign also incorporated a hydraulic swim platform and elevated stern. "Slow Poke now has a platform that allows us to engage with the water easily and freely while we explore," the owner stated.The yacht retains its original steel hull and aluminum superstructure, with mechanical systems including rebuilt engines and generators from a 2018 refit. New exterior features include black hull paint with a British racing green stripe and custom awning artwork by Paul Kremer. Interior updates by New York's Redd Kaihoi introduce high-gloss retro styling while preserving Vripack's original layout.Accommodation remains for six guests across three ensuite cabins, including a master suite color-matched to the owner's 1952 Porsche 356A. The vessel maintains its signature split-level flybridge and expanded aft deck spaces."For me, Slow Poke is the perfect three night boat," the owner commented. "It provides the type of tranquillity that you can't get with a bigger boat." Since delivery, the yacht has cruised the West Coast from Mexico to the Pacific Northwest.Vripack is a yacht-design studio with a portfolio that represents over 7400 designs, made strong through its extensive naval architecture and engineering experience. From the moment they opened their doors in 1961, Vripack studio’s approach to design has been governed by the playful interaction between form and function.Credits: Vripack
Denison Yachting Announces 41m Magnolia Yachts New Build for 2026 Delivery
Denison Yachting has revealed the first superyacht project from Turkey's Magnolia Yachts – the 41-meter Magnolia 41m, scheduled for delivery in 2026. The vessel represents the inaugural collaboration between naval architect Gregory C. Marshall and fourth-generation shipbuilder Gökhan Yardimci, combining the Yardimci family's 50 years of maritime expertise with contemporary superyacht design.Constructed with a steel hull and aluminum superstructure, the explorer yacht meets ocean-going specifications with emphasis on fuel efficiency and sustainable operations. Performance figures include a top speed of 15 knots, cruising speed of 13 knots, and a transatlantic range of 5,000 nautical miles at 10 knots.The 485 GT vessel features five staterooms, including a full-beam owner's suite with walk-in wardrobe and spa bathroom. Common areas include a skylounge with alfresco dining, sundeck hot tub, and a main salon with panoramic windows. Interior design employs a neutral color palette throughout guest spaces.Peter Quintal, Yacht Broker at Denison Yachting, stated: "Combining the expertise of Greg C. Marshall and Gökhan Yardimci, we are so excited to give potential owners and yachting enthusiasts the chance to step onboard this stunning superyacht next year. Magnolia 41m blends innovation, craftsmanship and a rich family legacy to create a truly exceptional boat."The Magnolia 41m will be showcased to potential buyers during the 2025 build period ahead of its scheduled 2026 completion.With a rich family history dating back to 1948, Denison Yachting is a leader in the industry, providing comprehensive yachting services worldwide. With over 20 waterfront offices and a team of 90+ licensed brokers, Denison offers superyacht sales, yacht charter, crew placement, and new construction services. Their extensive experience and passion for yachting ensure a long-term perspective and commitment to excellence.Credits: Denison Yachting