1. Two rescued from sinking yacht in Australia
The Australian Maritime Safety Authority (AMSA) received an emergency call from 37m yacht, Masteka 2 at 5am three days ago. 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 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.
Silver Arrows Marine and Finnish shipyard Baltic Yachts are delighted to confirm their partnership for the series production of the new Arrow460-Granturismo Edition1. Baltic Yachts will shortly start production of the Arrow460-Granturismo Edition1, designed in collaboration with Mercedes-Benz Style. The agreement lays the foundation for a new approach to the construction of motor yachts in the 14m size range. As with the yacht’s Granturismo-inspired design, its manufacture and assembly reflect best-practice processes commonplace in the motor industry.
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.
During the Monaco Yacht Show 2016 French shipyard Ocea has introduced the Oceanemo 55 - the latest addition to the Oceanemo series - the range of Sport Utility Yachts designed by Fulvio De Simoni. After the success of the 33m and 44m models, the design phase of the largest sport utility Yacht in the range has come to its conclusion, and Monte Carlo saw the debut of the yacht.
92-meter Aquarius (Project Touchdown) was launched by Feadship one month ago. Since then the Dutch shipyard has released official images of its new yacht and our colleagues from Dutch Yachting has taken pictures of Steve Wynn's newest flagship with her mast installed. Now we've been informed that Aquarius left Feadship’s shipyard in Aalsmeer yesterday's afternoon and was in Alphen a/d Rijn for a stopover. The transport to Gouda continued this morning.
During the Monaco Yacht Show Turquoise Yachts has announced that 74m Project Barracuda is currently under construction at the Turkish shipyard. She has been developed on the proven platform used by Turquoise Yachts on both Vicky and Talisman C. Project Barracuda features exterior style by H2 Yacht Design and interior design by Ken Freivokh.
UK based design studio Bannenberg & Rowell has unveiled 90m Muse, its latest superyacht concept for Nobiskrug. She is capable of accommodating 16 guests in 7 cabins and an owner's suite. The concept's alluring amenities include flush-fit pool with glass panels, that can be covered by a retractable sunshade, 9m beach club with a concealed bar, which can be converted into an enclosed spa and tender storage allowing the owner to store a wide array of water toys.
Italy-based shipyard, Rossinavi has introduced a new 48-meter explorer yacht, Project Argo. Designed by Ken Freivokh, the superyacht can be both a mothership or a support yacht, all under 500GT. Suited for the current explorer trend, Project Argo will be able to explore both arctic areas and rivers deep inside the Amazon with a range of near 5,000 nautical miles. Argo will be built entirely out of aluminium and should manage to obtain the "D" Ice Class.
Seawolf arrived in Falmouth Antigua last month following a successful transatlantic voyage, marking its first public appearance since undergoing an extensive 2-year refit at Pendennis’ UK facility. The 1950s 57-meter converted ocean-going tug was comprehensively updated with modern technology and sustainable solutions, while preserving its heritage and classic lines.Pendennis collaborated with UK-based Design Unlimited, who were contracted by the yacht’s new owners to oversee the refit design of both the interior and exterior. Design Unlimited worked closely with interior designer Ngila Boyd, who has a long-standing relationship with the client, to create a timeless and elegant interior tailored to the family’s needs for global cruising and exploration. The design incorporates painted and timber panelling, elegant materials, bespoke furniture by H. Miller Bros., and lighting by John Cullen and Cox London, enhancing the onboard ambiance.Transformative improvements include a new owner’s suite, forward of the owner’s pantry and sky lounge, and a redesigned aft deck with a hard top featuring skylights. The flybridge was remodeled into a dining and viewing space, while the crew area, captain’s cabin, and wheelhouse were also extensively refurbished. The owner’s accommodation was expertly manufactured and fitted by Oldenburger, while Norfolk Interiors crafted the sky lounge, owner’s pantry, crew accommodations, and wheelhouse. Exterior enhancements, including the flybridge and main deck reception area, were executed by William Garvey.The refit included a complete overhaul of the yacht’s hotel services, guest and crew spaces, and engine room, with the existing slow-speed diesel engines preserved. The exterior was sympathetically restored, including a complete repaint of the hull and superstructure, new decks, a new cargo/rescue crane, a side boarding platform, and the reconfiguration of outside spaces.Group Operations Director Charlie Ross noted that the Seawolf project was one of the most technologically demanding endeavors tackled by Pendennis, requiring the team to push boundaries in sustainable solutions while respecting the yacht’s aesthetic integrity. The successful completion of the refit ensures that Seawolf retains its legacy and continues to be a significant presence in the global yachting community.Pendennis Shipyard is one of the world's leading custom superyacht builders and refit shipyards and has become one of Cornwall's most important employers with over 430 highly skilled tradespeople based at the 14-acre prime waterfront location in Falmouth, UK. In the latter part of 2018 Pendennis secured a majority share hold in Vilanova Grand Marina, a 48 berth facility with adjacent land available for further development. The investment in Vilanova is yet another milestone in Pendennis’ international growth and offering to its global client base. Credit: Pendennis
March 13, 2025
Bluegame will once again participate in the Palm Beach International Boat Show, taking place from March 19th to 23rd, 2025. The brand will showcase the BG74, a model embodying the essence of the historic BG range and the embodiment of Bluegame's unique touch.BG74 is bridging the gap between open and fly-bridge yachts. It is designed for owners seeking a comprehensive yachting experience without compromises, combining the best attributes of both categories.Building on the successes of 2024, including the pioneering BGH-HSV Hydrogen Support Vessel project, Bluegame continues to push the boundaries of innovation. The experience gained from BGH-HSV has laid the foundation for a new range of multihulls, named BGF (Foil), with the BGF45 model set to debut in the summer of 2025.Another significant development in 2024 was the release of the upgraded BGM75, featuring synchronized gyroscopes in collaboration with Smart Gyro, offering unprecedented stability and comfort. A unit of this model will make its U.S. debut in the summer of 2025, further solidifying Bluegame's position as a leader in technological innovation within the international yachting industry.Bluegame is part of Sanlorenzo. The Sanlorenzo shipyard has been building high-quality motor yachts since 1958. It is a boutique firm in the yachting industry, building only a limited number of made-to-measure units per year. Each yacht is designed and produced according to the specific requests, style, and desires of the individual owner.Credits: Bluegame
March 13, 2025
Moonen Yachts announced a reduction in the price of the Moonen 110 Mustique YN202 ahead of its presentation at the Palm Beach International Boat Show (PBIBS), where the yacht will be featured on E-dock within the IYC display.Originally priced at 16,900,000,− the price has been lowered to 15,400,000,- inclusive of a two-year shipyard warranty from the point of sale. Delivered in 2023, this long-range steel yacht embodies Moonen Yachts’ renowned Dutch engineering and superior craftsmanship, ensuring safety, stability, and an exceptionally quiet cruising experience.Designed by René van der Velden, the yacht’s sleek exterior is paired with a custom interior finished by London-based Studio Indigo. The yacht offers spacious accommodation for up to 10 guests, including a full-beam Owner’s Stateroom with 180-degree panoramic views, expansive exterior decks for socializing and dining, and a generous bridge deck. With an impressive 279GT of interior volume, the Moonen 110 Mustique YN202 delivers a luxurious cruising experience, combining impressive fuel efficiency, unlimited long-range cruising, and a shallow draft ideal for the balmy waters of The Bahamas.Representatives Matthew Stone and Richard Gray are eager to welcome visitors on board YN202 and will be joined by the Moonen team at PBIBS to showcase the all-new Moonen 122 Martinique YN205 and other exciting developments. For sales inquiries or to arrange a viewing, please contact the Global Sales Representatives.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
March 13, 2025
Gruppo Antonini announced its participation in the OMC - Offshore Mediterranean Conference & Exhibition from April 8 to 10 in Ravenna. This is a significant opportunity for Gruppo Antonini to showcase its expertise dating back to 1943 in the oil & gas sector, as well as to explore new possibilities arising from the energy transition.Serving as a focal point for the offshore energy industry, the OMC has grown in stature over the years, making it one of the most anticipated events in the sector. Gruppo Antonini will occupy its own booth to highlight its long tradition as an EPCIC contractor (Engineering, Procurement, Construction, Installation, and Commissioning) and showcase recent and ongoing projects.One notable project recently completed by Gruppo Antonini is the Maboqueiro gas platform, a structure weighing over 5,500 tonnes, which was entirely built and launched at the company’s La Spezia shipyard and neighboring engineering workshops. Delivered to customer Azule Energy at the end of 2024, the project spanned 24 months due to its complexity, stemming from its size and numerous interfaces. The final assembly phase of the platform, involving the positioning of the jacket and deck in the Atlantic Ocean, is scheduled to commence in March 2025, with Gruppo Antonini managing the hook-up operations, lasting approximately 45 days.Additionally, Gruppo Antonini has recently secured two significant orders from Mellitah Oil & Gas BV - Libyan Branch (National Oil Corporation of Libya and Eni North Africa): a gas production platform in Libya valued at €300 million and a Platform Compression Module for installation on the existing SABRATHA gas platform, 42 meters above sea level and 120 kilometers from the Libyan coast.Through its participation in OMC Ravenna 2025, Gruppo Antonini aims to strengthen its position as a leader in the offshore energy sector, highlighting its capabilities in executing complex projects and embracing the challenges of the evolving energy landscape.Credits: Gruppo Antonini
March 12, 2025
Revolution Marine Group and Silent Escapes have introduced a groundbreaking sustainable yacht financing model, the Credit Linked Note (CLN) investment model, facilitated by the Swiss company GenTwo. Already managing over USD 4 billion in assets, this innovative approach combines the simplicity of crowdfunding with the security of a regulated financial instrument.Ultra-green real estate developer Silent Escapes has adopted this method to finance the purchase of two Revolution S60 solar-electric supported catamarans, scheduled for delivery to the Bahamas in early summer 2025 and early 2026. The CLN model offers investors significant returns and exclusive yacht charter benefits.The funds raised by Silent Escapes will be used to acquire two state-of-the-art solar-electric catamarans from Revolution Marine Group, representing manufacturers including Revolution Yachts, Canados Heritage, and CL Yachts. These 60-foot, four-cabin catamarans offer silent, emissions-free cruising throughout the Caribbean, enhancing the eco-luxury experience at Silent Escapes' stunning Marina Point residences.The catamarans will generate revenue through membership fees linked to Silent Escapes' real estate sales and will be available for both commercial charter and promotional activities. Property owners at Silent Escapes will gain access to these yachts, offering them exclusive charter opportunities or shared access to the expanding fleet.The CLN model provides a highly secure investment opportunity with numerous advantages:Swiss-registered CLNs: Offered through GenTwo, with an ISIN code (CH1408701055).Annual Return: 14.25% over a two-year term.Additional Benefits: Qualified investors receive free all-inclusive charters, and investment credits toward Silent Escapes properties.Asset Security: Assets are secured by high-value solar-electric yachts and 100% solar-powered waterfront residences.The CLN can be purchased through any bank using the provided ISIN code, simplifying the investment process.Ed Sacks, CEO of Revolution Marine Group, stated, "By combining cutting-edge solar-electric technology, high-end luxury design, and eco-conscious investment models, we are excited to set a new benchmark for sustainable land and sea tourism." Victor Barrett, CEO of Silent Escapes, added, "Our innovative funding approach allows investors to purchase investment certificates directly from their bank, offering enhanced protection and flexibility."This collaboration exemplifies how sustainable practices can merge with lucrative investment opportunities, appealing to eco-conscious investors seeking both financial gains and unique experiential rewards.Credits: Revolution Marine Group, Silent Escapes
March 12, 2025