Few events have ever affected yachting as much as the sinking of the 60 meter Yogi. The largest yacht to ever sink, its wreck strongly hit the Turkish shipbuilding sector and made owners take a hard look at their insurances and dangers, even though no one was hurt. Despite the accident, Yogi was no less of an exceptional yacht.
Yogi was the largest yacht ever built by up and coming Turkish shipyard, Proteksan Turquoise at the time of her delivery in 2011. Reminiscent of an explorer style yacht through her design by Jean Guy Verges, Yogi featured oversized portholes in her hull that brought in tons of flight into the yacht's cabins.
Built for Stephane Courbit, a French media and TV millionaire valued at €450 million, Yogi was built to be operated as a charter yacht part of its hotel collection. Maximizing space, the yacht had many amenities for her size including a swimming pool, beach club, wellness center and media room.
Yet, on February 17th 2012, just as the yacht was days out of leaving the yard where it was undergoing warrantied maintenance work, it sank in the Aegean sea. The weather was particularly difficult during that day and yet it seems to be an engine failure that, tied to a number of circumstantial events, led to the 60-meter yacht sinking to the bottom of the Mediterranean.
The report did, however, clear Proteksan in the quality of its build, focusing on what was a mixture of human oversight and extreme conditions. A Turkish investigations arrived at similar conclusions. Manned by a skeleton crew of 8 during this voyage, it took an hour to evacuate by helicopter the yacht's crew as seas at their peek featured waves of up to 7 meters.
The largest yacht to have ever cruised with the French flag, Yogi was part of Courbit's Lov Collection, a holding company that includes the Les Airelles palace in Courchevel as well as the Pan Dei hotel in St Tropez. Built with charter in mind to its existing and new clientele, the yacht commanded prices of up to €378,000 per week and featured 800 square meter of interior space in a particularly luxurious interior.
A key element in Yogi's design was her large pool with overflow that sat aft of the yacht's main deck, directly on top of its beach club. In the middle of the pool was a glass porthole that flooded the area underneath with light. All around the pool were lounging pads for Yogi's guest to take in the sun when the yacht was anchored off in a bay.
To complement the swimming pool aft of the main deck, a Jacuzzi was also placed aft of the sundeck, for guests that wanted to enjoy the sun in a hot tub. Also surrounded by sunpads, these feature a common beige design throughout the yacht with colored pillows. Same can be said for the customizable lounging area aft of the upper deck.
On the inside, Yogi was reminiscent of Courbit's luxurious hotels. Featuring a beige and creme tone throughout the yacht, the 60-meter was fitted with floor to ceiling windows that visually increased the size of its 800 square meters of interior space. Its main salon was structured into a lounging area and a TV sector with a wide screen built into the wall.
Stretching across the full beam of the yacht, Yogi's master bedroom was no less spectacular with both lots of light and space. A king sized bed throned in the middle of the suite with access through a central corridor to a dressing room and his and hers bathrooms.
The yacht's guest accommodation didn't also pale in comparison with the owner's stateroom. Finished in the same style, the double and twin guest cabins could be connected or separated through double sliding doors. In total, Yogi could accommodate a total of 12 guests across 6 cabins.
Tall windows could be found throughout the yacht and were a real differentiating factor from competition on the market for Yogi. 'The idea was to have a yacht that could be chartered and run just like a resort.' detailed its designer, Jean Guy Verges in a later interview. 'She has been designed to the specific request of her owner. I think this jewel offered more than you would expect of a yacht her size.'
Another interesting amenity of Yogi was her observational lounge up on the sun deck. Finished throughout in glass, the area boasted a 180 degree view into the yacht's surroundings through a climate controlled environment. Equipped with custom furniture from the likes of Hermes, this media lounge separated the sun deck into a Jacuzzi and a raised dinning area.
Down on the upper deck, which also featured a covered dinning room, guests would find an extensive lounging pad with tiles that could be raised or flattened to create lounging chairs or sun beds. Connected to iPods and iPhones, which in 2011 was still rare, Yogi featured an advanced system for her time with TVs that slid out even in front of lounging pads.
Viewed by many as a step forward for the Turkish yacht building sector and as an endorsement of their quality, when Yogi sank, the whole country took a hit. By 2011, yacht owners and charters had started outgrowing the stigma of building in Turkey and the market was picking up for local builders. In fact Yogi was the largest yacht ever built by Proteksan.
Yogi's delivery was followed weeks after by their newest flagship, a 70.5-meter reminiscent of a Dutch-build quality, Talisman C. Shortly after it followed the 72-meter Vicky and it looked like Turkey would emerge as a yacht building destination. This all ended when Yogi sank in February 2012 and owners' stigma towards Turkey developed once again.
Although some Turkish shipyards continued to prosper, many faded down their ambitions in a global recession. This ultimately culminated with the acquisition of Proteksan Turquoise by Dutch-based Oceanco. Backed by billionaire investor Mohammed Al Barwani, the Dutch superyacht builder since set out on a mission to make the yard competitive and got an order for a 77-meter yacht now under build.
Having initially started his career in television in the 1990s, Stephane Courbit where he built a reputation, eventually starting his own production company behind hits such as Miss France. Eventually acquired by Dutch holding Endemol, Courbit exited from the company in 2001.
His LOV Group currently includes companies in the audiovisual space with several production companies behind some of France's most popular game shows. Other investments include several betting sites, which he started in acquiring in 2007. One of his fastest growing divisions has now becomes the Airelles collection of hotels.
After investing nearly $200 million into the purchase and renovation of the five star Courchevel palace, Les Airelles, Courbit acquired the Pan Dei Palace in St Tropez. His hotel portfolio then grew with the Bastide de Gordes in 2014. Two more Airelles hotels are set to open in the next two years, one in Versailles and one in Val d'Isiere.
Italian firm Rosetti Superyachts has confirmed the sale of its first ever yacht. Sold to a European client, the 38-meter steel-hulled explorer yacht will be built to a concept designed by Hydro Tec, at the San Vitale shipyard in Ravenna, Italy.Scheduled to be delivered within 24 months of the start of the construction, Rosetti indicates that more information on the 38-meter yacht will be released in January. Based at the San Vitale shipyard, Rosetti says it has the capability to build yachts and supply vessels of up to 140 meters in length.Although Rosetti Superyachts was founded only in 2017 to try to compete in the superyacht space, the startup is part of the larger Rosetti Marino that was established in 1925, which primarily focuses on engineering and construction of off-shore plants and commercial ships such as ocean-going tugs and supply vessels. Its market cap now sits at €164 million on the Milan stock exchange.
December 18, 2018
Project Redwood, the 142-meter superyacht currently in-build at Lurssen, has now been moved to a floating dock as footage from social media shows. Due for delivery in 2020, the yacht is expected to become one of the 15 largest yachts in the world.Photo by @drDuuFirst announced in December 2015, Project Redwood was designed by Nuvolari Lenard. Features mentioned at the time include a sports and diving center on the lower deck, a number of tenders of up to 15 meters and two helipads. Expected to be built to PYC regulations, the yacht could have 20 staterooms for up to 36 guests.One of the largest projects known to be in development at the German shipyard, Project Redwood was the largest yacht ever sold by a brokerage firm according to Robert Moran, Moran Yacht & Ship's president. The design working on this project is the same that worked on building the 88-meter Quattroelle. Photo by @drDuuProject Redwood is also being referred to as Project Opus according to social media posts. The 142-meter is set to become one of a string of megayachts to be launched and delivered by Lurssen, which recently included the 135-meter Crescent, the 111-meter TIS and the 123-meter Al Lusail amongst others.
December 18, 2018
The first new build in Perini Navi's Voyager line is moving closer to completion as the new-build has now arrived to the yard's La Spezia facility. This follows from the yacht completing the first step of its construction at the yard's facility in Turkey.Perini Navi had announced the sale of this motor yacht to their client back in October 2017. Designed by Philippe Briand, similarly to the 73-meter Grace E built by the group, the tri-deck has 6 cabins spread across the main and lower deck with the owner's cabin located on the upper deck facing forward."The market is beginning to grow again and Perini Navi is and wants to continue to be among the key players worldwide." commented Lamberto Tacoli, chairman of Perini Navi. "The lines of the 56-meter Voyager are the result of an ongoing commitment to preserve the unmistakable Perini Navi style."Previously motor yachts delivered by the group were built under the Picchiotti Yachts brand, however, these two were consolidated under Perini Navi back in 2017. Earlier in May, Perini Navi Group announced the Tabacchi family acquiring 49.9% of the company in a deal that put the shipyard's valuation at over €54 million. The transaction saw the Tabacchi inject €27 million into the company for its expansion.
December 18, 2018
Footage on social media now shows that the 109-meter Oceanco, Project Bravo is ongoing sea trials. This follows the yacht being launched earlier last month. Designed by Nuvolari Lenard and Reymond Langton, the yacht is expected to be delivered by the end of this year."A bespoke project of such magnitude and splendor will always present interesting challenges and opportunities" says owner's representative, Burgess. "With Project Bravo we created a truly spectacular yacht whose excellence is a clear reflection of the commitment of a dynamic and professional project team".After the innovations introduced with "Alfa Nero", Oceanco Asked us to "raise the bar" and create another remarkable and revolutionary design, says Dan Lenard, senior partner at Nuvolari-Lenard. "Our approach with Bravo was to maintain a stunningly sleek profile without sacrificing any interior space. This new exterior style concept is bound to create a new design stream. It is important to us that we started this new stream together with Oceanco"
December 18, 2018
Earlier this week, Benetti has been preparing to launch its newest flagship, a 107-meter superyacht set to be delivered to Australian billionaire, James Packer once completed according to Australian media. Following delivery, she will become the 40th largest yacht in the world.This news comes as Benetti is gearing up for a first in its history, the upcoming launches of 3, 100 meter plus new builds, which it has been working on for the past 4 years. These yachts will be the first from the Italian shipyard with a 3-digit length and are set to overcome the yard's current flagship, Philipp Green's 90-meter Lionheart.With 3,800 GT of interior volume spread over 6 decks, the 107-meter yacht, which will be launched on Tuesday, has a 15.2-meter beam. FB277, as it has been called throughout the build, was project managed by Imperial Yachts, which are also involved with 3 new-builds at Lurssen currently.According to the Sydney Morning Herald, the yacht will be named IJE once completed, the initials of Packer's 3 children. The publication says the yacht will replace Packer's current 55-meter Amels, EJI. The yacht, delivered in 2018, was listed for sale in August asking €42 million in brand new condition and sold in September.Stuff previously reported James Packer to also be the owner of 87-meter explorer yacht Arctic P, a refitted ice-type vessel. Media have previously linked the Australian billionaire to the 50-meter Mangusta, Z as well as the 46-meter Leopard, Z Sydney. Previously, Packer also owned 52-meter Amels, Seahorse built in 1999.Valued at $3.5 billion by Forbes, James Packer sits as Australia's 8th richest man according to the publication. Son of media mogul, Kerry Packer, he became the largest share holder of Crown Resorts, one of Australia's largest casino groups. Earlier this year, Packer stepped down from its board.
December 14, 2018