Maria La Via, former CEO of Privilege Yard, and finance director Antonio Battista were placed under house arrest by order of the Civitavecchia power of attorney for alleged fraudulent bankruptcy filings, tax crimes and violation of the anti-mafia legislation, La Repubblica reports.
The men are further accused of having used the shipyard’s money to purchase luxury cars such as a Ferrari and a Maserati for a total of €320,000. It is also turned out that Privilege Yard paid the rent for the house of Pasqualino Monti, president of the Civitavecchia port authority.
Moreover, La Via hid the fact that the shipyard was bankrupt while applying for the loan of €100 million from Banca Etruria to finance the build of 127m Privilege One. The project was later self-funded by La Via, according to a statement by the shipyard, but construction eventually stopped in March 2014. Nevertheless, La Via wanted to launch the yacht by the end of the year.
The gates were then reported to be locked at the shipyard in June 2015 by the Court of Civitavecchia after the company failed to settle its €210 million debt. The latest development in this story came in July as the auction failed to attract a buyer.
The first unit of the Mangusta Oceano 39 was launched last 31 May in the presence of her owner. She is the entry level in the Mangusta Oceano displacement line developed and engineered by the shipyard's Engineering Department together with designer Alberto Mancini and design firm Studio Verme for the engineering part, this three-decker harmoniously combines design and technology, endowing her entire category with a very strong identity.“We are so proud to see the first unit of this innovative new model in the water. The Mangusta Oceano 39 is a new three-decker characterized by huge glazed surfaces, where supporting structures and bulwarks have, conversely, been minimized, so as to offer the closest possible contact with the sea", says Overmarine Group's CEO Maurizio Balducci. The Mangusta Oceano 39 redefines luxury living at sea, resembling a contemporary villa with expansive glass surfaces and larger volumes than typical for its class. The main and upper deck saloons feature floor-to-ceiling windows, seamlessly blending indoor and outdoor spaces to create a stunning open-plan living environment. The aft area and foldable terraces grant access to the beach house, serving as a natural extension by the sea where guests can indulge in utmost privacy and relaxation.A distinctive "Mangusta Design feature" is the infinity pool located forward on the upper deck. With a partially glass bottom, it allows natural light to filter into the master stateroom, creating captivating water reflections.This particular unit boasts a layout that includes four spacious guest cabins on the lower deck, complemented by a master suite on the main deck. The master suite features a fully automated balcony, easily operated by the owner.The interiors of the yacht, as is customary with Mangusta, can be fully customized. Renowned designer Alberto Mancini collaborated with Overmarine's technical department architects and the owner to craft the perfect ambiance. Sales Manager Nicolò Strocco oversaw the sale, ensuring seamless coordination throughout the process.The Mangusta Oceano 39 is powered by 2 MTU 12 V 2000 M 86 1700 HP engines that deliver a cruising speed of 12 knots, a maximum speed of 16 knots, and a range of up to 2,600 nautical miles.Overmarine Group was founded in 1985 by the Balducci family. The shipyard builds open and displacement power superyachts under the Mangusta and Mangusta Oceanco brand names. Credits: Overmarine Group
June 8, 2023
Tankoa has announced the delivery of the 49.99-meter motor yacht Grey, the latest unit in the yard’s S501 series. The owner signed the new-build contract in July 2021 and appointed TWW Yachts as project managers. Grey has been in private use since her owner took delivery on May 12, 2023.Grey, a member of the Tankoa S501 series, stands out as a unique and distinctive vessel, setting her apart from her sister ships. The three-deck layout, skillfully crafted by renowned exterior designer Francesco Paszkowski, was meticulously tailored to fulfill the specific requirements of her owners.In addition to her features, the owner chose to incorporate an awe-inspiring outdoor home cinema screen. This remarkable screen, boasting high-definition visuals and impressive luminosity, is strategically positioned in front of the swimming pool lounge on the foredeck. Furthermore, Grey is equipped with a state-of-the-art sound system meticulously crafted by the acclaimed French/British brand Focal & Naim, ensuring an unparalleled audio experience throughout the entire yacht.“Our usual flexibility in satisfying customer requests is evident in the customisations made onboard Grey – such as the installation of a swimming pool in the bow, and the fantastic never seen before cinema/sound system. The jet black and whisper gray paint gives a sleek look to Grey,” says Giuseppe Mazza, Tankoa sales and marketing manager.Grey's owner paid meticulous attention to the design of the exterior decks, ensuring the presence of four spacious open lounging and entertainment areas. Emphasizing the importance of alfresco living, the yacht boasts a large hot tub on the fly deck, complemented by seating and lounging spaces, as well as a pool on the foredeck.TWW Yachts provided unwavering support to the owner throughout the entire build process, from initial specification reviews to delivery. Jean-Claude Carme, lead broker at TWW Yachts, expresses pride in representing the passionate and enchanting owners of Grey.Collaborating closely with the owner, Giorgio Maria Cassetta created an interior that exudes luxury and sophistication. The use of natural materials, including rich woods and veined marbles, adds warmth and charm. The interior design is further enhanced by enlarged windows on the main deck, glass bulwarks, and fold-out balconies, creating a seamless indoor-outdoor connection.David Westwood, principal partner of TWW Yachts, describes the interior as one of the finest he has seen on a yacht of this size. Grey accommodates up to 12 overnight guests in six suites, including two custom suites on the main deck. The yacht also provides space for a crew of up to nine.The owner chose the conventional propulsion package offered by Tankoa, enabling a top speed of 18 knots when utilizing both the main diesel engines for propulsion and one diesel generator for the hotel load.Tankoa was founded in 2007 and began production in 2008. A true “boutique shipyard”, focused on building semi-custom and custom constructions 45-meter and up.Credits: Julien Hubert/TWW
June 7, 2023
Cantiere del Pardo is renewing its partnership with Luna Rossa Prada Pirelli, confirming itself as the team's official supplier for the 37th America's Cup in Barcelona.After the collaboration signed for the 36th edition of the America’s Cup, the Italian shipyard, which is celebrating 50 years of activity in 2023, will once again be alongside the AC75 Luna Rossa. This time there will be two of its renowned motor brand models, the VanDutch 48 and the Pardo Endurance 72.To accompany an iconic vessel like Luna Rossa in the oldest sporting challenge in the world, two boats were chosen according to very specific criteria in terms of performance, reliability, comfort and design, which make each one the best for its particular mission.The motor yacht segment of Cantiere del Pardo, well-known worldwide thanks to Pardo Yachts, since 2020 includes also the brand VanDutch and its range of exclusive boats.“Renewing the partnership with Luna Rossa Prada Pirelli for the second consecutive edition of the America's Cup is a source of great pride for us. Furthermore, this year, the collaboration directly involves Cantiere del Pardo with both its motor brands, VanDutch Yachts and Pardo Yachts. There is no firmer statement of the values that Cantiere del Pardo and Luna Rossa Prada Pirelli share, starting from Made in Italy excellence, technological innovation and performance,” says Gigi Servidati, Chairman of Cantiere del Pardo.Although different in design and purpose, the two boats have the same objective, i.e. to provide an excellent and highly advanced final product that reflects the great Italian shipbuilding tradition.The VanDutch 48, one of the first models built by Cantiere del Pardo after the acquisition, is a 14.60 m high-performance luxury yacht, characterized by the unmistakable sporty lines (created by Mulder Design) and by powerful engines (2 x Volvo Penta -D11- 725 HP–Shaft Drive), which allow it to exceed 35 knots. The Pardo Endurance 72, the flagship of the Endurance range, is a brand-new boat for the Pardo Yachts brand. After being presented at the Düsseldorf Boat Show last January, it will be launched in spring 2024 and delivered in August to the team in Barcelona. The 22-meter boat naval architecture made by Davide Leone Yacht Design and interior is the work of Burdisso&Capponi Yachts and Design. The Endurance 72 boasts a hull optimized for both IPS propulsion and an eco-speed system, to increase performance while limiting fuel consumption. Guests on board will have access to refined and spacious internal and external social spaces, including a large 27 sqm equipped flybridge from which to follow the regattas in maximum comfort, with no vibrations or noise.Cantiere del Pardo was founded in 1973 in Italy. Pardo Yachts, the brand of Cantiere del Pardo dedicated to powerboats, was born in 2016. The first model, the Pardo 43, was launched in 2017.Credits: Carlo Borlenghi/Cantiere del Pardo
June 7, 2023
Denison Yachting has announced the sale of Conrad C144S Hull #3. Alex G. Clarke of Denison Yachting and Jim Evans of SuperYachtsMonaco were the central agents for the sale of Project Moonlight, with YCO introducing the buyer. Hull #2, which was sold in November 2021 by Denison yacht broker Alex G. Clarke, is currently under construction.“I am extremely proud to announce the successful sale of Conrad C144S Hull #3. The partnership of Denison Yachting, SuperYachtsMonaco, and Conrad Shipyard has now sold both Hull #2 and Hull #3 in the C144S series, which I feel represents not only the best value on the market today but also the best quality,” comments Clarke. C144S is already proven with its first hull Ace, which was launched in October 2022 and won the Judge’s Commendations Award at this year’s 2023 Boat International SuperYacht Awards. The yacht’s exterior was designed by Reymond Langton and interior was penned by Nauta Design. The naval architecture was made by Diana Yacht Design. Conrad Shipyard has officially begun construction on the third hull of its C144S line, dubbed Project Moonlight. “We are delighted to see Project Moonlight take shape and look forward to delivering another exceptional yacht to our clients. The C144S line has been compellingly successful, and we are proud to continue building on that success with this third unit. Project Moonlight will also be unique because it will present a completely new-looking interior design,” says Mikolaj Krol, Conrad Shipyard Chairman & CEO. C144S Hull #3 is scheduled for delivery in May 2025.Conrad Shipyard is located in Gdansk, Poland and specializes in building steel, and aluminum luxury yachts ranging from 24 to 100 meters in length.Credits: Denison Yachting
June 7, 2023
Burgess announced a unique opportunity to acquire a large yacht currently under construction at the Dutch shipyard, Feadship. Project 825, a 74.8m motor yacht, is scheduled for delivery towards the end of 2024. This vessel features a Lloyd's-classed royal-blue steel hull and a polar-white aluminum superstructure, ensuring both elegance and compliance with charter standards.Renowned Parisian design studio Gilles & Boissier, known for their work on New York's Baccarat Hotel, has created a sophisticated and tactile interior concept. The use of earth tones, lime-washed grained wood, and finished stone exquisitely complement the floor-to-ceiling glazing, allowing natural light to transform the surfaces throughout the yacht.Spread across four decks and boasting an impressive 1,750GT, the yacht offers the expansive lower deck beach club that opens on two sides, providing a seamless connection to the surrounding environment. Guests can enjoy the dappled light filtering through the glass-bottomed pool on the main deck aft. Additionally, hot tubs on the bridge deck and a private hot tub for the owner add to the wellness center's allure.The wellness center itself features a gym with stunning aft-facing views, offering climate control or the option to open on three sides. Overlooking a terrace with a bar, lounge, daybed, and sunbathing area around the hot tub, the gym provides a serene retreat. Walkaround side decks allow guests to appreciate the surrounding scenery, while forward of the gym, a sauna, dayhead, and an elevator serving the bridge to main decks.The owner's deck occupies the lower level, with the owner's bedroom suite forward, offering access to a private terrace with a hot tub and two lounge areas that can transform into sunbeds. A touch-and-go helipad is situated forward of the owner's suite. The spacious en suite includes a shower room, walk-in wardrobe, and a private study.An owner's lounge featuring a wall-mounted TV, located on the aft. Sliding glass doors open onto an aft terrace with private dining shaded by the overhang and comfortable sun lounge seating. Walkaround side decks provide external access to the forward terrace, ensuring seamless transitions between indoor and outdoor spaces.The main deck aft is highlighted by a captivating pool flanked by sunbeds, a refreshing bar, and a drop-down swivel TV for onboard entertainment. Inside, a remarkable beach house awaits, complete with a lounge and dining area. Sliding glass doors on three sides seamlessly merge the interior with the exterior surroundings.In total, Project 825 can accommodate up to 12 guests in six cabins, while comfortably accommodating a crew of up to 17.Powered by twin 2,000hp MTU diesel engines, this yacht achieves a top speed of 15.6 knots, a cruising speed of 12 knots, and has a transatlantic range of 5,000 nautical miles. Zero speed stabilizers ensure optimal comfort while at anchor. The main deck forward features shell doors that house a 9.8m tender, toys, and a rescue tender.As a Central Agent, Burgess asking price of EUR169,500,000. 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
June 6, 2023