A leading US broker MarineMax has announced that it has entered into an agreement for acquisition of Fraser Yachts from the AzimutBenetti Group. The transaction is expected to be accretive in its first full year.
In addition, MarineMax strengthens its relationship with Azimut/Benetti through a multiyear exclusive dealership agreement for the Benetti Class of yachts in North America. Before that, MarineMax has represented the Azimut brand in the United States since 2006, growing that brand to rank first in market share among current yacht builders.
W. Brett McGill, Chief Executive Officer and President of MarineMax, Inc., stated:
The acquisition of Fraser is significant for MarineMax as it dramatically increases our presence and strength in the strategically important superyacht category. Second, it expands our international capabilities and footprint, unlocking other potential future opportunities.
Paolo Vitelli, Chief Executive Officer and Chairman of the Azimut/Benetti Group, added:
MarineMax has been a valued partner of the Group. MarineMax’s unrivaled success through many years makes it the best possible owner of Fraser for the future. Strategically, becoming independent from the Group will favour the development of the commercial relationship of Fraser around the world.
Meanwhile, The Fraser team will remain intact and continue to manage operations, with the company’s current directors Paolo Vitelli and Roberto Giorgi remaining with Fraser in an advisory capacity.
Fraser is consistently ranked as one of the leading superyacht brokerage and largest luxury yacht services companies in the world. It was founded in 1947, based in Monaco and operating through 20 offices around the world with over 160 team members. A stake in the brand was sold a to the Azimut-Benetti Group fifteen years ago.
MarineMax with headquarters in Clearwater, Florida, is conceived of as the largest recreational boat and yacht retailer in the USA. The company currently has 67 retail locations, also offering yacht management and crew placement services in multiple countries around the world.
It is worth mentioning, that in 1998 the dealer went public at $13,75 per share, trading today at twice the valuation after a strong recovery since the 2008 financial crisis, which saw its stock fall to under $2 per share in 2009. Today MarineMax is valued at over $600 million.
The acquisition is subject to the customary completion of certain legal requirements in Europe and is currently expected to be completed in stages over the next few weeks.
The Olympic Yacht Show 2025 will take place at Olympic Marine in Lavrio from October 9-12, with preparations currently underway. This year's edition will feature 140 yachts, 400 luxury brands, and host 5 world premieres alongside 14 European debuts, marking the largest iteration of the event to date.Exhibitor registration shows strong participation from major industry players, including shipyards, dealers, and marine specialists. The event continues to attract both returning and new international participants, reflecting its growing influence in the European yachting calendar.The show will present new yacht models ranging from hybrid propulsion systems to mega yachts, maintaining its position as a platform for industry innovation. Organizers anticipate record attendance from industry professionals and yachting enthusiasts.As Greece's primary yachting exhibition, the 2025 edition will focus on business networking opportunities while showcasing current design and technology trends in the marine sector. The event reinforces Greece's role in Mediterranean marine tourism and luxury yachting markets.Credits: Zisis Dalakouras/The Olympic Yacht Show
July 22, 2025
Damen Yachting has launched the newest 60-meter Amels Limited Editions superyacht, with delivery scheduled for autumn 2025. The vessel represents the next generation of the Amels 60 series, maintaining the line's charter-ready features and eco-conscious design approach.The yacht features exterior design by Espen Øino and custom interiors by London-based Harrison Eidsgaard, marking the studio's second Amels 60 project. The interior concept emphasizes contemporary styling with enhanced visual connections to the marine environment.Paul Deurloo, Damen Yachting's Project Manager, stated: "It is one of the highlights of the build process when we get to see the superyacht coming out of the shipyard. We are delighted to show her to the world."The Amels 60 series continues to offer accelerated delivery timelines as part of its Limited Editions concept, with this unit available for handover within approximately 15 months. The yacht joins an existing fleet of Amels 60 vessels, all built on Damen Yachting's established naval architecture platform while allowing for individual customization.The newly launched unit is currently available for purchase, with Damen Yachting continuing production of the Amels Limited Editions range at its facilities in the Netherlands. The autumn 2025 delivery schedule positions the yacht for potential Mediterranean or Caribbean cruising seasons.Damen Yachting, the yacht-building division of Damen Shipyards Group, employs approximately 500 professionals across its Amels, SeaXplorer, and Yacht Support vessel programs. No purchase price was disclosed for the new build.Credits: Damen Yachting
July 22, 2025
Arcadia Yachts has secured the sale of its fourth A96new unit, continuing the model's commercial success following previous sales in Turkey and Middle Eastern markets. The latest 29-meter yacht will operate in the Mediterranean following delivery.The buyer selected the existing interior design by Igor Lobanov, maintaining the Art Deco-inspired dark lacquered surfaces featured on the first hull, with only minor customizations requested. The A96new series emphasizes holistic wellbeing concepts in its layout and amenities.Ugo Pellegrino, CEO of Arcadia Yachts, stated: "The new direction charted by the A96new has tapped into a need felt by owners all over the world, which is why we're so proud to present the A80new at the upcoming Cannes Yachting Festival, a boat designed for owners seeking the same lifestyle on board but in a slightly smaller format. We expect this new model to have the same success as the series flagship."The Sorrento-based shipyard will debut the 24-meter A80new model at September's Cannes Yachting Festival, targeting owners seeking similar features in a more compact package. Current production continues on the A96new series while the yard prepares its new smaller model for market introduction.The consecutive sales demonstrate sustained demand for Arcadia's wellbeing-focused yacht designs, with the A96new establishing itself as the brand's current flagship offering. The upcoming A80new presentation will test market reception for the scaled-down version of the concept.Arcadia Yachts is based in Naples, Italy. Since 2008, Arcadia Yachts has been building semi-custom luxury composite yachts and has succeeded in perfectly integrating artisanal craftsmanship, modern technologies, attention to detail and to the surrounding environment. The Arcadia Yachts fleet has included two ranges since September 2016. The shipyard’s first and most characterizing range is the A range, which includes four models (A85, A85s, A105 and A115). The Sherpa range has a new model, the 24m Sherpa XL, which was launched at the 2019 Cannes Yachting Festival. The new model, A96, debuted at 2023 Cannes Yachting Festival.Credits: Arcadia Yachts
July 22, 2025
Tankoa Yachts has launched M/Y Singolare, the second unit in its T450 series, at its Genoa shipyard. The 45-meter yacht, designed by Giorgio Maria Cassetta, follows the successful delivery of the first T450 model, M/Y GO.The launch ceremony was attended by the South American owner and family members. The yacht features a fully enclosed veranda with climate control, an elevator connecting main to sun deck, and a flush foredeck concealing a watertight tender garage. The upper deck includes a sauna, gym, and private cinema.Brazilian architect Debora Aguiar designed the interiors, featuring floor-to-ceiling wine cellars and sliding glass panels connecting indoor and outdoor spaces. The main deck contains a master suite with walk-in wardrobe and steam shower, while the lower deck accommodates four guest cabins and crew quarters.Guido Orsi, Tankoa Yachts Vice President, stated: "This launch marks another important milestone for Tankoa. It strengthens our position in the international markets, particularly in South America, where demand for high-end yachts is steadily increasing."The shipyard currently has another 45-meter hull and two 50-meter T500 models under construction, all presold. M/Y Singolare will be delivered this summer for Mediterranean cruising before relocating to the Caribbean for winter season.The launch reinforces Tankoa's position in the 45-50 meter custom yacht segment, with the T450 series demonstrating strong market demand.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: Tankoa
July 22, 2025
The first hull of Riva's new 112' Dolcevita Super model has launched from the brand's La Spezia facility. Measuring 34.37 meters with a 7.27-meter beam, this flybridge yacht expands upon the successful 110' Dolcevita design with enhanced outdoor spaces and improved water access.Developed by Officina Italiana Design in collaboration with Ferretti Group engineers, the yacht features a 35-square-meter beach club with fold-out terraces and storage for water toys. The stern garage accommodates a tender and jet ski while the cockpit offers multiple lounge configurations. Owners can choose between additional bow seating or a Jacuzzi in the forward area.The flybridge presents redesigned living spaces with a central bar area and entertainment systems. Interior options include two main deck layouts - one with aft dining and another with traditional forward lounge placement. The master suite incorporates larger windows and redesigned storage solutions.Standard power comes from twin MTU 16V 2000 M96L engines delivering 2,638 hp each, providing a preliminary top speed of 25.5 knots. An alternative MTU M97L engine package includes SCR emissions reduction technology. Stabilization systems include zero-speed fins with Humphree interceptors, with optional Seakeeper gyroscopic stabilizers available.Bridge configurations range from standard quad 19-inch monitors to a premium option with dual 49-inch displays selected for this first unit. Soundproofing measures include reinforced bulkheads between crew and guest areas on the lower deck, which houses four VIP cabins. Interior finishes combine high-gloss rosewood with black hammered leather detailing.The yacht is scheduled for its official debut at the 2025 Cannes Yachting Festival, representing Riva's latest development in the 30-40 meter flybridge segment. Production continues at Riva's La Spezia yard alongside other models in the 70-130 foot range.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
July 21, 2025