Yacht news

Ferretti Group swept the World Yachts Trophies 2018
Awards record for Ferretti Group in occasion of the World Yachts Trophies 2018, the expected...
Insurers facing €590m payment over destroyed Lurssen new build
The major fire that broke out at Lurssen's Bremen facility earlier this week, destroying a...
60-metre explorer yacht concept by Diana Yacht Design
Diana Yacht Design has unveiled a brand new concept for a 60-metre explorer yacht, designed to...
IMO Tier III regulations centre stage for MarQuip at Monaco Yacht Show
With the date on which IMO Tier III regulations come into force for all superyachts fast...
Fire breaks out at Lurssen damaging 100m+ new build
Earlier today, a large fire broke out at Lurssen's Bremen shipyard in a floating dock and building...
Ferretti Group lights up the Cannes Yachting Festival with 5 new stars
Ferretti Group wins the stage of the 41st edition of the Cannes Yachting Festival, scheduled from...
New Mazu 52HT debuts at the Cannes Yachting Festival 2018
Following sea trails and a quick delivery to OMV, Mazu’s exclusive European dealer based in...
Invictus GT 320 debuts at the Cannes Yachting Festival 2018
Invictus Yacht continues to expand its production and launches the new GT 320 at the Cannes...
Numarine 26XP and 32XP superyachts debut at the Cannes Yachting Festival
Numarine, the European high performance motor-yacht shipyard headquartered in Istanbul, offering a...
Brand new 52-metre yacht Seven Sins by Sanlorenzo
Launched in 2017, semi-custom 52-metre Seven Sins is the new flagship superyacht by the...
The Cannes Yachting Festival 2018
Since 1977, the Cannes Yachting Festival takes place every September in elegant, luxurious...
Silent 55: World debut of production oceangoing yacht with self-sufficient solar-powered propulsion
Silent-Yachts is proud to introduce the Silent 55 at her world debut at the 2018 CannesYachting...
Richard Branson sells 32m Necker Belle
Richard Branson, the prolific British billionaire and mastermind behind the Virgin brand, has now...
Nobiskrug 80-meter hybrid superyacht project to be unveiled in Monaco
The next Nobiskrug advances state of the art with new technology features reflecting Owner’s...
Foiler : the flying yacht
Residents and visitors to the French Riviera may have been lucky to catch a glimpse of the...
40-metre superyacht Kanga almost destroyed in fire
40-metre superyacht Kanga, while being between the isles of Olipa and Mali Vratnik in Croatia,...
€1 million price reduction on 47m Rola
The 47-metre Rola, represented by Behnemar Yachting, has just seen her asking price reduced by...
88.5m Illusion Plus sails to Monaco For Y.CO’s MYS 2018 display
Y.CO, the yachting company renowned for its fun, unique approach and cool aesthetic, has announced...
The new Arcadia A105 world debut at Cannes Yachting Festival 2018
Just a little over a year since its presentation, Arcadia Yachts is proud to announce that the new...
New 55-metre Amels 180 sold with Spring 2019 delivery
Dutch luxury yacht builder Amels is proud to announce the sale of a new 55-metre Amels 180 from the...
Awake electric surfboards : high-end technology and design
Awake – the premium electric surfboard company in Limhamn, Sweden reveals a new level of extreme...
Ferretti Group at the Cannes Yachting Festival 2018 with 5 world premiere and a fleet of 25 yachts
One week before the 41st edition of the Cannes Yachting Festival, which takes place from 11 to 16...
Areti: One of the largest yachts at the MYS now listed for sale
Areti, the 85.3-meter Lurssen superyacht delivered in 2017 has now hit the market for the...
Amazing footage of new 87-metre superyacht Lonian
The 87-metre Feadship Lonian, previously known as Project 700 navigated more than 15...

Popular

Indian Empress crew recovers $1 million in salaries
Maritime union Nautilus has confirmed that near $1 million in overdue salaries were paid to the crew of Indian Empress, now known as Neom. This follows the 95-meter yacht being abandoned in Malta in 2017 and recently sold at an auction for €35 million.The yacht's previous owner, Indian billionaire Vijay Mallya, left the yacht in Malta in September 2017 amidst controversy over his Kingfisher Airlines and debts of over $1 billion. Known for his former Formula One team, Force India, as well as his United Spirits alcohol distributor in India, which he sold in 2014, Mallya was also active in Indian politics until 2016.After crew members of Mallya's Indian Empress, as well as several other creditors, the largest of which was Melita Power Diesel with an outstanding payment of over €650,000, demanded the yacht be sold to cover expenses, it was put up for auction in Malta. After several failed attempts, the yacht was sold for €35 million and renamed Neom.The latest developments sees the maritime union securing a payout for crew members, which averages at $20,745 per crew members, of which there were more than 40 reportedly unpaid since September 2017.Built in 2000 by Oceanco in the Netherlands as Al Mirqab, the 95-meter yacht remains one of the most iconic on the water. Refitted in 2006 and renamed to Indian Empress, the yacht was made available for charter throughout the past 10 years from €650,000 per week. She is now known as Neom.
91m Equanimity to be auctioned for nine figures
Equanimity, the 91-meter superyacht caught up in legal pursuits led by the United States' Department of Justice over the 1MDB fund, is now going to be auctioned off for a nine figure sum in March 2019. This follows the yacht being seized earlier in 2018.The sale of the yacht, which is being handled by Burgess on behalf of the Malaysian government, is happening at the request of the Sheriff of the Admiralty Court of Kuala Lumpur. According to statements made by government officials, interest in purchasing the yacht has already been recorded.This development comes as part of a long saga that started with the US DoJ moving to seize Equanimity back in June 2017. This was being done as part of an effort to recover $1.7 billion that were allegedly misappropriated from the 1Malaysia Berhad Fund according to the DoJ. Of this figure, $400 million were being sought from Jho low, a Malaysian businessman who took delivery of Equanimity in 2014. The yacht cost him over $250 million according to court fillings, including its upkeep.After eventually being seized by Indonesian authorities, the yacht was moved to Malaysia in view of a public auction for the yacht that was to take place according to Malaysia's finance minister, Lim Guan Eng. A spokesman for Equanimity (Cayman) Ltd, the yacht's owner, then commented that this move was done in violation of Indonesian and American court rulings.Launched in 2014, Equanimity was built by Oceanco in the Netherlands and debuted at the Monaco Yacht Show, later that year. Amongst her main amenities area a large spa area spread throughout the yacht's aft.
Inside the 91m yacht seized by Malaysia
In the spotlight throughout a long-running case around Malaysia's sovereign wealth fund 1MDB, the 91-meter Equanimity is now being auctioned for a nine-figure sum by Malaysia's government. Built by Oceanco, the superyacht was delivered with one of the largest spas ever seen onboard a yacht.1MDB was created in 2009 as a sovereign wealth fund with over $4 billion under management to invest in strategic projects. After a series of investments in energy and real estate, a controversy around the fund began as to whether funds had been misappropriated throughout this period by management and government officials.Later investigations led to asset seizures spearheaded by the US DoJ, amongst which was Equanimity. It was then claimed that her owner, financier Jho Low, had ordered the yacht using profits that were connected to 1MDB's real estate dealings and off-shore accounts totalling over $250 million for the yacht's purchase and upkeep.Financed also in part through a loan by Sotheby's financial against art works, Equanimity was delivered in 2014 and introduced at the Monaco Yacht Show later that year where she won the award of finest yacht. Amongst her main highlights was an extensive spa area that spanned a large part of her lower deck.Following developments in the 1MDB case, the DoJ moved to seize Equanimity in June 2017 as part of their effort to recoup an estimated $400 million in alleged profits from Low. The yacht was eventually seized in Indonesia at the request of Malaysian authorities. According to a spokesman for Equanimity (Cayman) Ltd, this was done in violation of Indonesian and American court rulings. Following the seizure, the yacht was transported to Malaysia where finance minister, Lim Guan Eng said an auction of the yacht was to take place. It is now understood at least nine figures were being sought for the yacht at the auction, which is expected to be completed by March 2019.Equanimity was, however, famous across the yachting community, well before being pushed into the limelight by this case, for its extensive spa area on the lower deck, plunge pools and highly customised interior. At 2,998 gross tons of interior volume, the yacht still sits as the 65th largest yacht in the world.The 91-meter's spa is akin to that of a megapolis' 5-star hotel. Incorporating plunge pools, massage areas, saunas, experiential showers, hammams, jacuzzis and a gym all designed with the most precious of materials, it directly connects to a beach club from which guests can swim out into the ocean.Equanimity's 5 decks are connected by a grand staircase coupled with a glass elevator. Accommodating up to 22 guests in 11 cabins, the yacht was the first one to be built to comply with the new Passenger Yacht Code. Carrying a crew of 31, the yacht can cruise for up to 5,000 nautical miles at a speed of 15 knots, with its top speed at 18.5 kn.Aft of its second deck, Equanimity features a large helipad, typically covered with lounging sofas and sun beds when not in use. Forward of the helipad is a 20sqm spa pool sitting in front of the entrance to the yacht's spacious main salon. Throughout the deck, guests are kept within the atmosphere of a luxurious, relaxing spa.Inside, across the yacht's lounges and cabins can be found a continuing theme of the sea rendered through a clever use of sculptures, ornaments and glass. Centred around a clear colour scheme with tall windows throughout, Equanimity's interior almost acts as an extension of the sea wherever the yacht cruises.Equanimity's staterooms, styled like a luxurious, modern hotel, are spread out into a master cabin with a study, which can be converted into a double cabin, a VVIP suite, 3 VIP cabins, as well as an additional 2 double and 2 twin cabins spread out throughout the yacht's main deck, giving good views to all guests.Fully-equipped, the 91-meter's gym can be used underway but is best enjoyed when at anchor, with a fold down platform that opens up onto the sea and lets guests exercise practically on the water. Equanimity also comes complete with two custom-designed, 10-meter Hodgdon tenders to ferry around her guests in style.Malaysia's auction will see qualified buyers making sealed bids for the yacht in view of a sale that is set to complete by March 2019. Whilst the exact asking price is for the moment unknown, officials are looking for a 9 figure number according to various press reports. This becomes the 2nd high profile yacht auctioned off this year, following the 95-meter Oceanco, Indian Empress, which was sold earlier this year for €35 million during an auction in Malta.
Promise: Feadship's first ice-classed yacht delivered
Promise, the 51-meter yacht launched earlier this year, has now been delivered according to the Dutch shipyard. First yacht built by Feadship to be ice-classed, the 51-meter is now being shipped to the US according to the yard.Penned by Studio De Voogt with an interior by Bannenberg and Rowell, Promise was created as the first Feadship to fit ice-class notations, hinting that the yacht will cruise in polar regions for some portion of time. Powered by twin Caterpillar engines, she will have a top speed of 14.5 knots and a range of 4,500 nautical miles.Spread across a large beam of 10.8-meters, the 51-meter custom built yacht has been shrouded in secrecy throughout her build. Notable features from the outside are her large helipad aft o the upper deck, as well as tall windows in the main lounges suggesting panoramic views.Photos via Feadship
Hakvoort launches flagship 64m Scout
Hakvoort, the Dutch-based shipyard, has confirmed the launch of its largest project to date, the 63.72-meter Scout. Designed by H2 Yacht Design, the yacht is expected to be delivered to her owners in Spring 2019. She was previously known as Project Brio.Launched on December 1st, the yacht started construction under a different ownership, changing owners early on and shifting the project to the steel and aluminium explorer that it is today. "The owner’s brief called for a rugged explorer style yacht intended to look like a conversion from a commercial vessel." commented H2's Jonny Horsfield. "We placed the tenders on the bow, leaving them exposed to add to the utilitarian aesthetic. There is a helideck and a forward observation lounge in addition to an expansive sun deck."Scout features 4 guest cabins on the main deck as well as an owner's deck in addition to 2 staff cabins on the lower deck. Sold by Fraser Yachts to her current owner, Scout will become the largest yacht built by Hakvoort, topping its 61-meter Just J's delivered in 2016.The owner's previous yacht was a 45-meter RMK Marine also named Scout. Delivered in 2012, she was sold asking $15.9 million and has since been renamed Calliope.Powered by twin CAT engines, Scout will cruise at 12.5 knots and reach a top speed of 14.8kn. Her maximum range will be at 4,800 nautical miles once delivered, coupled with an ice-class hull.

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