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Sanlorenzo, yacht, SX, SD, SL, SP, superyacht, Explorer, Steel, Alloy, X-Space, revenues, 2023, Massimo Perotti, Chairman, CEO

Sanlorenzo reveals double-digit growth

News / yachtstyle2020

Sanlorenzo reveals double-digit growth

February 14, 2024
11:02 pm

The Italian shipyard has announced impressive year-end financials including a 13 per cent increase in revenue from Sanlorenzo and Bluegame yacht sales.

Sanlorenzo 57Steel; Photo: Guillaume Plisson

Sanlorenzo announced €840.2 million of net revenue from the sale of new yachts in 2023, which represented a 13.4 per cent increase on 2022 and was among last year’s double-digit growth in multiple metrics. The shipyard issued financial information following the Board of Directors’ approval of the preliminary consolidated results as of December 31, 2023.

The new yacht revenues comprised €510.6 million from Sanlorenzo’s composite Yacht series (24-38m: SL, SD, SX, SP), €238.3 million from Sanlorenzo’s metal Superyacht lines (40-73m; Alloy, Steel, Explorer, X-Space), and €91.3 million from Bluegame composite ranges (13-23m; BG, BGX, BGM).

The company also announced €157.5 million of EBITDA (earnings before interest, taxes, depreciation and amortization), which was 21.5 per cent higher than in 2022 and with a 18.7 per cent margin on revenues.

Sanlorenzo also announced €44.5 million of organic net investments, of which 90 per cent was expansionary, dedicated to production-capacity increase and developing new models and lines.

Sanlorenzo SD90

The shipyard had a net cash position of €140.5 million as of December 31, which was significantly up on €100.3 million a year earlier and in line with the guidance revised upwards after the H1 2023 results. Other financials included a backlog equivalent to €1,041.7 million, of which €587.1 million refers to 2024 and €454.6 million to ensuing years.

Massimo Perotti, Chairman and CEO of Sanlorenzo, said: “Reliability, commitment, determination and transparency, always on track towards our goals. These are the values that have always guided the Group, which shows the preliminary results of 2023 hitting the guidance already increased on the approval of the first-half results.

“The performance of the year is substantiated by the growth of all the main metrics – at income and assets level, as well as in terms of constant ability to generate new cash to support future investments and the remuneration of our shareholders.

“Sanlorenzo products are icons of the sea, ambassadors of Made in Italy excellence in the world, the highest expression of quality craftsmanship, design, innovative inspiration as well as technological and execution know-how. A unique ability enhanced by the clear high-end positioning strategy of our brand, which is not limited to product excellence but is an essential element of all our actions to keep this positioning.”

Sanlorenzo SL90A

Perotti also spoke about Sanlorenzo’s year-end acquisitions of international charter company Equinoxe and Simpson Marine, Asia’s largest yacht dealer, which has represented Sanlorenzo since 2015 and Bluegame since 2020.

“The acquisition of Simpson Marine allows us direct control in the APAC area towards which we have significantly high expectations in the medium to long term, while the capillary structure in the Southeast Asia will be synergic with the international development strategy of services,” he said.

“For example, in chartering, besides the activities started with the acquisition of Equinoxe, the Group’s network will allow us to extend the offer on an intercontinental basis.”

Sanlorenzo has also signed a Memorandum of Understanding to explore a possible partnership with Nautor Swan, the Finnish yacht builder owned by Italian Leonardo Ferragamo since 1998.

“This would fit perfectly into our long-term strategy,” Perotti said, “especially in terms of sustainability given the obvious complementarity between the world of sailing and the cutting-edge technologies we’re applying, with the use of green methanol and hydrogen as yachting fuels of the future.”

www.sanlorenzoyacht.com

www.bluegame.it

Azimut to debut Magellano 30M at Miami show

News / yachtstyle2020

Azimut to debut Magellano 30M at Miami show

February 8, 2024
4:25 pm

The Italian builder will show eight models at the Miami International Boat Show, with Sanlorenzo, Absolute and Fairline also announcing line-ups.

Azimut Magellano 30M

Azimut will stage the world premiere of the Magellano 30M (click for Review) at the Miami International Boat Show (February 14-18), albeit 1½ years since the model was expected to debut at the 2022 Cannes Yachting Festival before a late cancellation.

The yacht is the flagship of the expanding Magellano series and features an exterior by American Ken Freivokh with an interior by Italian architect Vincenzo De Cotiis, with both having also designed the Magellano 25M.

Azimut Fly 72

The Italian motor yacht builder will also stage the US debut of the new Fly 72, which had its world premiere at last year’s Cannes show and is the shipyard’s first model to feature interiors by Fabio Fantolino.

Azimut’s eight models at Herald Plaza include its 38m flagship Grande Trideck, the Fly 53 and Fly 68 flybridge models, S7 sportbridge, Magellano 60 and Verve 48 outboard cruiser, with the latter two world premieres at Cannes last September.

Sanlorenzo SD90

Sanlorenzo and its dealer Sanlorenzo of the Americas will show an SD90 from the Italian shipyard’s semi-displacement series, an SL86 and SL90A asymmetrical model from its planing line, and an SX88, the first model in its iconic crossover series.

Absolute is showing four models at Herald Plaza ranging from its 48 Coupé to the Navetta 52, Navetta 58 and Navetta 75, the inland Italian builder’s flagship model.

Absolute Navetta 52

From the UK, Fairline is showing four models including the F//Line 33, which appears in the new Argylle film starring the likes of Henry Cavill, Samuel L. Jackson and Dua Lipa. The Oundle shipyard will also show the Targa 45 Open, Squadron 50 and flagship Squadron 68.

Steve Leeson, President of Fairline Americas, said: “We’re excited to kick off our US boat show season at Miami with an impressive line-up. Visitors will have the opportunity to catch up with our team about what we’re bringing to the US later in this year and get on board some Fairline favourites, including the F//Line 33, which plays a starring role alongside an A-list cast in Argylle.”

Fairline Squadron 50

Italy’s Fiart will show the Seawalker 35 and 39 models at the North Dock stand with YachtCreators, its exclusive importer for US. Meanwhile, French catamaran builder Fountaine Pajot will display the Isla 40, Elba 45, Tanna 47 and Aura 51 sailing cats and MY6 powercat, while sister yard Dufour will show its 41, 470 and 530 sailing monohulls.

Among superyacht brokers, Burgess is showing the 25.2m Incentivized, which was launched last year and is the ninth hull in the AB 80 series by Italy’s AB Yachts. Featuring exteriors by ACube Design Studio and fitted with triple MAN V12-2000 diesel engines, Incentivized can reach 57 knots and cruise at 45 knots, while zero-speed stabilisers contribute to comfort at anchor.

Incentivized, the AB80 listed by Burgess

Jonathan Beckett, Chief Executive of Burgess, said: “We look forward to kicking off a robust 2024 at the Miami International Boat Show after enjoying a banner year in 2023 with more than US$1.3 billion in brokerage sales and 804 charters.

“We’ve long been participating in the annual Miami show. It’s a hub for superyachts and given the tremendous wealth migration to the city, we feel it holds an ever important place on the international yacht show schedule. With our office in the city’s financial district, we’re always happy to showcase our expertise and inventory to those in search of a yacht for charter or purchase.”

Earlier preview articles include anticipated line-ups from Sunreef, ILIAD and Aquila, as well as Sunseeker, Prestige, Beneteau, Jeanneau, Lagoon, Excess and CL Yachts.

www.miamiboatshow.com

Dubai show exhibitors announce line-ups

News / yachtstyle2020

Dubai show exhibitors announce line-ups

February 8, 2024
3:56 pm

British builders Princess and Sunseeker are among shipyards to announce strong displays for the 30th Dubai International Boat Show.

Princess X95

Princess’s flagship X95 heads the British builder’s impressive six-yacht line-up for the 30^th edition of the Dubai International Boat Show, which will be held at Dubai Harbour from February 28-March 3. Located before the Dubai Harbour Cruise Terminal, Dubai Harbour is hosting the Middle East’s biggest boat show for a third successive year.

The Princess line-up also includes the Dubai show debut of the X80, the second model in the shipyard’s super-flybridge series, while the Plymouth shipyard’s other models comprise the Y72, F55, F45 and V40. Last year, Princess also showed the X95 in a six-yacht display including the V60, F55, F50, V50 and F45.

Princess X80

Last year, Sunseeker exhibited a 74 Sport Yacht XPS, but this year has expanded its display with Sunseeker Gulf to four models, comprising the 88 Yacht, Manhattan 55 and 68, and the eye-catching 65 Sport Yacht featuring the Poole builder’s iconic SkyHelm™ low-set, sportscar-inspired driver’s seat on the sportbridge.

An earlier show preview by YACHT STYLE revealed that Sunreef has expanded its display to three large catamarans, comprising the 80 Sunreef Power Eco, Sunreef 80 sailing cat and a 60 Sunreef Power.

Sunseeker 88 Yacht

Meanwhile, Yachting Ventures and Monaco Marina Management (M3) have invited startups to pitch at the GCC Smart Yachting Days, which will be held at the Westin Dubai Mina Seyahi Beach Resort & Marina from February 28-29 (9am-3pm each day).

The event’s topics include regional debates around how GCC countries can promote sustainable economic growth, and conversations about how to balance luxury with responsible practices and circular economy strategies for sustainable yachting.

Sunseeker 65 Sport Yacht

An Innovation Competition will feature 10 startups comprising five building new products to advance the sustainability of marinas, and five building products and technologies for the future of sustainable yachts. The deadline for startups to apply to participate in the competition is February 16.

Gabbi Richardson, founder of Yachting Ventures, said: “We recognise the significant potential for yachting in the region and the willingness of key stakeholders to invest into innovation. We hope that the GCC Smart Yachting Days will help catalyse investments into the startups within our network, and we look forward to building on collaboration with the M3 team.”

www.boatshowdubai.com

Burgess enjoys strong year in Asia

News / yachtstyle2020

Burgess enjoys strong year in Asia

February 8, 2024
3:24 pm

The superyacht specialist’s Asia team reflects on a strong year in brokerage, new builds, sales CAs, charter and yacht management.

Lürssen Amatasia, now Gigia

Burgess’ Asia team had a “very strong year” in 2023, despite a quietening market for superyachts in the region. Since setting up its Asia operation in 2015, Burgess has transacted more than 30 yachts for Asia clients, averaging 54m in length and totalling more than US$1.5 billion in transaction values.

Jean-Marc Poullet, Burgess’ Chairman Asia, said: “Despite a subdued Asia market in 2023, our deep relationships and proven large-yachts expertise resulted in a very strong year. I want to thank our excellent ‘glocal’ (global-local) Asia team, which worked very hard the whole year to achieve this result.”

On the brokerage side, the Asia team advised sellers on the transaction of a 90m-plus Oceanco, the 85m Lürssen Amatasia (formerly Areti, now Gigia and for charter with Burgess), the 74m Amels Lady E and the 61m Amels Event, while completing the new build and delivery of a 42m Custom Line and progressing on the new build of a 38m Rosetti.

Amels Lady E

In addition, Burgess obtained new exclusive sales mandates for the 55m Amels Papa, 52m Codecasa Atlas, new 42m Heysea Song of Songs and a new Custom Line Navetta 42.

For charter, the Asia team welcomed 85m SilverYachts Wanderlust and 68m Abeking & Rasmussen Starlust to the global charter fleet, while completing about 30 central agency and direct charters on yachts ranging from 30-90m.

In 2023, the Asia team’s yacht management fleet comprised 10 yachts from 35-85m cruising in various places globally, with Burgess providing a mix of operational, administrative, financial and crew management services.

Mark Woodmansey, Partner and Head of Brokerage Asia, said: “While we had strong success in the 50m-plus segment in 2023, we are equally focused on expanding our activities in the 30-50m range and look forward to recruiting more brokers specialised in that segment.”

www.burgessyachts.com

Ferretti Yachts reveals Infynito 80

News / yachtstyle2020

Ferretti Yachts reveals Infynito 80

February 8, 2024
2:41 pm

The upcoming Infynito 80 will complement the Infynito 90 that debuted last year before hull one headed to Asia.

Ferretti Yachts is scheduled to stage the world premiere of the Infynito 80 at the Cannes Yachting Festival from September 10-15. Built at the Ferretti Group’s new Marina di Ravenna shipyard on Italy’s east coast, the model is the second in a new range that began with the Infynito 90 that debuted at Cannes last year before hull one made its way to its owner in China.

Featuring an overall length of 23.7m (77ft 9in) and a beam of 6.36m (20ft 10in), the Infynito 80 features exteriors by Filippo Salvetti and interiors by IdeaeItalia, and was designed in collaboration with Ferretti Group’s Strategic Product Committee chaired by Piero Ferrari and the company’s Engineering Department.

Like the Infynito 90, the Infynito 80’s signature feature is the ‘all-season terrace’, a covered foredeck that can be set up in a variety of ways, while notable differences include a flybridge that can be open or semi-closed.

Salvetti said: “After Infynito 90, we developed the range’s second model with the aim of retaining some of this design’s unique and inimitable characteristics, while also adding new features tailored for a project of a different size.

“We’re proud to present Infynito 80, a solution with above-average covered exterior space, enabling owners to enjoy the yacht in all seasons and weather conditions but without sacrificing direct contact with the sea, the surrounding environment or the sun.”

Like her big sister, the Infynito 80 features Ferretti Sustainable Enhanced Architecture (FSEA), a package of environmentally friendly cruising solutions. They include an integrated system that stores the solar energy collected by the photovoltaic panels installed on the hard top in an energy bank consisting of 14 high-density lithium batteries.

The battery pack is in the engine room, in watertight steel containers fitted with temperature-monitoring sensors. There’s also a special focus on the use of green materials, such as natural and bamboo fabrics, regenerated leather and recyclable materials, ecological water-based paints and lamellar teak with FSC 5 certification, used throughout the exteriors.

The beach area has an aft platform with a linear lift for launching and hauling up the tender, and is overlooked by a sea-view couch incorporating a generous storage unit. The 19sqm cockpit has free-standing furniture for greater flexibility in terms of layout and use.

In the 29sqm saloon, the dining room can be replaced by a show kitchen with a bar counter and stools. The main galley is at the forward end of the main deck, with an electrically operated sliding glass door providing direct access to the all-season terrace.

The covered forward terrace is sheltered by an extension to the superstructure for protection and total privacy. The 13sqm terrace can be configured as a dinette, with seating and an extending table, or as a bar counter. The semi-raised pilothouse is accessed by a staircase in the centre of the main deck.

The standard flybridge is totally open, although owners can choose a semi-closed one with glass panels, while the fixed hard top provides shade for the upper dining area. The aft flybridge features an outdoor galley and a clear area for free-standing furniture such as sun loungers.

The 43sqm lower deck has a full-beam master suite midships, a VIP cabin and two guest cabins, while the crew quarters contain three berths in two cabins.

Davide Bernardini and Alessio Battistini of IdeaeItalia said: “Infynito 80’s interior design builds on the sustainability solutions adopted for Infynito 90, which are the key plus point of this range. From lamellar teak and eco-friendly paints to regenerated leather and other recyclable materials, everything is designed to offer a yachting experience that fully respects the environment.

“Not to mention the iconic Ferretti Yachts moods: Classic, which taps into earthy elements, and Contemporary, featuring glowing woods and fabrics in fresh hues inspired by the colours of the sea. Both moods create a sophisticated aesthetic in functional and efficient spaces designed for owners who increasingly see their yacht as a new place to live in, as if it were an extension of their home”.

The Infynito 80 can be fitted with a pair of 1,400mhp Man V12 engines for a top speed of 23 knots and a cruising speed of 18 knots, based on preliminary data, while with high-efficiency hull helps achieve a range of 1,000nm at 12 knots.
www.ferretti-yachts.com
www.ferrettigroupasiapacific.com

Gulf Craft sells first Majesty 160

News / yachtstyle2020

Gulf Craft sells first Majesty 160

February 8, 2024
1:19 pm

The UAE builder has sold the Majesty 160, which has been designed by Italy’s Cristiano Gatto and is due to launch in 2026.

Gulf Craft has announced the sale of the first hull of the Majesty 160, which was announced at the 2022 Monaco Yacht Show and is scheduled to be completed in spring 2026. The project is the second-largest model built by the shipyard and follows the Majesty 175, the world’s largest composite production superyacht, which was delivered in 2021.

Italy’s Cristiano Gatto has designed the exterior and interior of the Majesty 160, with Dutch studio Van Oossanen Naval Architects handling the hull design of the sub-500GT design, which is being built to commercial class and has seven guest cabins.

Mohammed Alshaali, co-founder and Chairman of Gulf Craft, said: “The Majesty 160 project embodies both Gulf Craft’s and Majesty Yachts’ bold vision to fill a distinct gap in the market. This extraordinary superyacht offers unparalleled space and amenities, delivering luxury living on the water just under the 500GT mark.

“With meticulous attention to detail, we’ve created a vessel that redefines the yachting experience, setting a new standard of elegance. The Majesty 160 is not just a superyacht; it’s a testament to our commitment to innovation and our dedication to exceeding the expectations of our clients in every aspect of luxury cruising.”

The Majesty 160 has an overall length of 164ft (50m) and a volume of 498GT. Twin 2,000hp MTU 16V 2000 M87 engines provide a top speed of almost 20 knots and a range of 3,500nm at 12 knots or 4,300nm at 10.8 knots.

The yacht is fitted with two pairs of zero-speed carbon fin stabilisers, twin 100kW generators and solar panels at the top of the sun deck roof capable of powering one of the generators, so reducing fuel consumption.

Exterior areas include an expansive sun deck with modular and moveable furniture along with an infinity pool and a customisable, multi-purpose beach club that can be used as a lounge, bar area, gym or health club. The swim platform provides easy access to the water, while fold-down balconies on both sides expand the sunbathing and social areas.

The smart layout has an innovative climate control system and accommodates up to 12 guests across its seven staterooms, which include a full-beam master suite forward on the main deck that includes a private lounge, retractable balcony and a large bathroom with both bath and shower room. The yacht can also accommodate up to nine crew.

Wing stations on the main deck aid manoeuvring in and out of tight marinas and ports, while options include a helm station on the sun deck. The Majesty 160 draws just 2.3m so can cruise shallow areas, enabling close beach access due to its ground-breaking engineering and use of a lightweight, sturdy composite hull.

Founded in 1982, Gulf Craft has built over 10,000 boats and currently manufactures yachts and boats from 34-175ft across five series: Majesty, Nomad, Oryx, Silvercraft and Touring Passenger Vessels. The shipyard operates a 462,000sqft production facility in Umm Al Quwain (UAE), a 100,000sqft factory in the Maldives, and a service centre in Ajman (UAE).

www.gulfcraftinc.com

Pearl expands dealer network in Asia

News / yachtstyle2020

Pearl expands dealer network in Asia

February 8, 2024
1:08 pm

In Thailand, the renowned motor yacht builder has appointed Max-Marine Asia, which established its reputation as a dealer for another British brand.

Supranee and Craig Murphy of Max-Marine Asia

Pearl Yachts has appointed Max-Marine Asia as its exclusive dealer for Thailand, further growing its dealer network around Asia. The British-owned motor yacht builder appointed VP Yachts as its Hong Kong dealer in late 2022.

Max-Marine Asia is headed by Craig Murphy and his wife Supranee, with the dealership previously representing Sunseeker for 17 years. Prior to establishing Max-Marine Asia in 2006, Murphy managed the marine division for Aman resorts across Asia including in Thailand.

Murphy, Managing Director of Max-Marine Asia, has extensive experience of yacht sales, operations and mechanics, holding qualifications as a boat builder, shipwright, commercial captain and commercial engineer. The Australian also has a strong track record in managing yacht refits and has been involved in marina designs and installation projects.

Max-Marine Asia has an office and a factory service centre in Phuket, as well as an office in Ocean Marina Jomtien in Pattaya, a 1½ -hour drive from Bangkok.

Pearl was founded in 1998 and today produces four flybridge models: the Pearl 62, Pearl 72, flagship Pearl 95 and upcoming Pearl 82. All Pearl motor yachts feature exterior design by Bill Dixon and interiors by Kelly Hoppen.

http://www.pearlyachts.com

http://www.maxmarine.asia

Northrop & Johnson sells Xanadu

News / yachtstyle2020

Northrop & Johnson sells Xanadu

February 8, 2024
12:13 pm

Thailand-based Joshua Lee sold the 34m Moonen superyacht, formerly known as Xanadu of London.

Northrop & Johnson has announced the sale of the 111ft Moonen motor yacht Xanadu, with Yacht Broker Joshua Lee acting on behalf of the seller. Xanadu’s last asking price was US$4,750,000.

In 2022, the 1997 Dutch build underwent a comprehensive refit, which included a full respray, installation of new teak decks and an upgrade of systems. The interior was freshly updated, featuring “vibrant artwork, rich high-gloss woods, and plush furnishings that collectively contribute to an elegant ambiance”, according to Northrop & Johnson.

Xanadu’s features include a cockpit that leads into an aft dining room, with the saloon forward. The main deck also includes a luxurious full-beam master suite with a skylight, a king-size bed, an en-suite bathroom with gold-plated fixtures, and a private office with an optional sofa bed for a ninth guest.

The VIP suite and two double guest cabins, all with en-suite bathrooms, are located on the lower deck, which is also home to a sauna. The flybridge includes a bar, barbecue, sunpads and alfresco dining. The yacht is equipped with Naiad AtRest® zero speed stabilisers.

Lee is the founder of Lee Marine and held the Asia licence for Northrop & Johnson, with both acquired by NextWave Yachting in 2023.

www.northropandjohnson.com

www.leemarine.com

www.nextwaveyachting.com

Sunsail, The Moorings expand charter fleets

News / yachtstyle2020

Sunsail, The Moorings expand charter fleets

February 6, 2024
12:54 pm

Owned by Travelopia, the sister charter companies will expand their fleets by over 25 per cent following massive investment.

Travelopia, which owns Sunsail and The Moorings, announced that it has acquired 160 charter boats for delivery in 2024, which will take the total fleet across the two sister charter companies to 750 yachts available in over 20 destinations worldwide.

Travelopia’s Yacht division also includes Leopard Catamarans, whose personalised sailing and power catamarans for private owners are built at Robertson & Caine, South Africa’s biggest boatbuilding company, which produces charter-specific editions of the Leopard catamarans for Sunsail and The Moorings.

The 160 boats ordered by Travelopia comprise 110 sailing and power catamarans from Robertson & Caine and 50 sailing monohulls by Dufour, following a partnership with the French builder announced last year.

Sunsail and The Moorings also sell their models through a yacht ownership programme created by The Moorings in 1971. Through the Covid-19 pandemic and after the likes of Hurricane Irma, the two companies continued to pay guaranteed revenues to all its owners without exception.

Travelopia’s Yacht division has also announced record-breaking results with a total turnover of €315 million for the fiscal year ending on September 30, 2023. It marked the fifth successive record-breaking year for the division, whose total yacht sales revenues have increased by 60 per cent across the past three years.

“Our Moorings and Sunsail Yacht Ownership revenues have surged and combined with the explosive growth of our exclusive distribution of Leopard Catamarans, 2023 was another exceptional year for our yacht sales activities, marking the fifth consecutive record-breaking year,” Sunsail and The Moorings stated.

“At Sunsail and The Moorings, we take pride in our unwavering dedication to providing unparalleled experiences and opportunities within the yachting world. We look forward to continuing our journey and exceeding expectations in the years to come.”

www.leopardcatamarans.com

www.sunsail.com

www.moorings.com

Sunreef to expand workforce

News / yachtstyle2020

Sunreef to expand workforce

February 6, 2024
12:43 pm

The luxury catamaran manufacturer is expanding its production workforce in both Poland and the UAE.

Sunreef’s main Gdansk facility

Sunreef Yachts plans to increase its workforce across its two production sites in Poland by 15 per cent in 2024, while also doubling its staff at its third facility, in the UAE. Last year, Sunreef delivered 80 per cent more units than in 2021, as it starts to regularly launch models from its new Eco series of solar-electric catamarans, and revealed a 40 per cent growth in revenue over two years.

Francis Lapp founded Sunreef in Gdansk in 2002 and the luxury catamaran manufacturer still uses its original site at the historic Gdansk Shipyard due to production demand, which led to the company opening a larger facility further east along the Martwa Wisla river.

Sunreef 80 Eco

In total, the two facilities cover 125,000sqm and feature build halls with in-house carpentry, upholstery and stainless-steel workshops, as well as one of Europe’s largest computer numerical control (CNC) machines. The facility continues to evolve, with a high-tech paint shop added last year, while a 5,000sqm warehouse and production area is set to be completed in the coming months.

Last year, Sunreef also started operations at its new facility in the UAE, where it has a 65,000sqm land reserve in the northern emirate of Ras Al Khaimah. The new facility “incorporates the latest technologies in luxury yacht building and meets the highest standards of sustainability and energy efficiency”, according to Sunreef.

Sunreef’s new site in the UAE

Sunreef also has an office in Dubai, which had an official opening ceremony on the eve of the 2023 Dubai International Boat Show. The company’s dealers in Asia include Hong Seh Marine in Singapore, Lee Marine in Thailand, NextWave Yachting in Hong Kong and Speedo Marine in mainland China.

www.sunreef-yachts.com

Custom Line launches first Navetta 38

News / yachtstyle2020

Custom Line launches first Navetta 38

February 6, 2024
12:07 pm

Successor to the Navetta 37, the Navetta 38 was launched at the Ferretti Group Superyacht Yard.

Custom Line has launched hull one of the Navetta 38 at the Ferretti Group Superyacht Yard in Ancona on Italy’s east coast, with the sun-kissed ceremony attended by the owner’s family and shipyard employees.

Ferretti Group’s near-80,000sqm Ancona shipyard produces all Custom Line and CRN builds, as well as metal yachts by Riva and Pershing.

The Custom Line Navetta 38 has an overall length of 38.76m (127ft 2in) based on a displacement hull of 38.66m (126ft 10in) with a beam of 7.9m (25ft 11in), plus a draft of 2.27m (7ft 5in).

Like all recent Custom Line models, the 299GT tri-deck features exterior styling by Filippo Salvetti and interior design by ACPV Architects, founded and led by Antonio Citterio and Patricia Viel.

Both studios worked in collaboration with Ferretti Group’s Product Strategy Department chaired by Piero Ferrari and the company’s Engineering Department.

Custom Line Atelier provided interior design consulting, working closely with the owner “to transform the yacht into a faithful portrait of his style preferences”, according to Ferretti Group.

Alberto Galassi, Ferretti Group’s CEO, said: “Seeing a new Navetta enter the water is a powerful emotion, as it is to go aboard and experience the level of comfort offered by this outstanding ship.

“As a great fan of the Custom Line world, I can assure you that Navetta 38 is seriously exciting and represents a new way to enjoy the sea, featuring elegant materials and interior and exterior spaces that offer unprecedented liveability.

“She’s extraordinary but in a natural and harmonious way, with all the grace of a true thoroughbred. I’m sure she will be adored by all owners looking for a superior yachting experience.”

The main deck features an extra-long covered cockpit, a saloon with a lounge and dining area, galley, staircases, the forward master suite of over 40sqm and storage for a jet-ski in the bow.

The lower deck includes two VIP suites and two guest cabins, plus a forward crew quarters including accommodation for six crew. The aft end includes a large garage and a swim platform plus drop-down sides that can increase the waterside beach club area to 70sqm.

The upper deck also includes an extra-long covered aft deck, upper saloon, the wheelhouse and the adjacent captain’s cabin. The foredeck starts with a wide C-shaped sofa facing a large, flexible four-person sunpad, as well as a technical area.

The sun deck has a jacuzzi and sunpads aft, a covered area with an outdoor galley and room for lounging and dining, while there’s space forward for loose furniture such as sun loungers.

Fitted with twin 1,400hp MAN V12 engines and with a fuel capacity of 34,000 litres, the 241-tonne superyacht has a top speed of 15 knots, a cruising speed of 12 knots and a range of 2,800nm at an economic cruising speed of 10 knots.

www.customline-yacht.com

www.ferrettigroupasiapacific.com

Team Brady wins first E1 event

News / yachtstyle2020

Team Brady wins first E1 event

February 5, 2024
12:51 pm

In Saudi Arabia, Tom Brady’s two pilots won the opening leg of the E1 Jeddah GP, where Marc Anthony’s Team Miami also impressed.

Champions Team Brady flanked by runners-up Team Miami and Team Rafa

Team Brady pilots Sam Coleman of the UK and Emma Kimiläinen of Finland celebrated victory at the two-day E1 Jeddah GP, the opening round of this year’s UIM E1 World Championship, the world’s first all-electric raceboat series.

Team Miami’s Anna Glennon and Erik Stark topped qualifying on the opening day before finishing second in the Super Final, with Rafa Nadal’s Team Rafa (Cris Lazarraga and Tom Chiappe) and Virat Kohli’s Team Blue Rising (Lisa Battaglia and Phelim Kavanagh) finishing third and fourth respectively.

Team Brady won the Super Final on day two

Finland’s Kimiläinen, who has been racing cars since 2005, said: “We’ve already had a message through from Tom [Brady] and he’s super happy with the win. Both Sam and I are so incredibly proud to represent Tom and we’re pleased we were able to make history at E1’s inaugural race.”

Rodi Basso, co-founder and CEO of E1, added: “Huge congratulations to Team Brady for taking home the first ever E1 trophy. The past two days of competition have surpassed all expectations and the passion, commitment and spirit shown by all the team pilots has been incredible.”

Emma Kimiläinen and Sam Coleman of Team Brady

Although Brady, Rafa Nadal, Virat Kohli and Sergio Perez weren’t present in Jeddah, the event did attract four of the eight celebrity team owners. Singer Marc Anthony (Team Miami), football icon Didier Drogba (Team Drogba), DJ Steve Aoki (Aoki Racing Team) and tech entrepreneur Marcelo Claure (Team Brazil) were all present to support their teams in the groundbreaking event.

The eight teams battled it out under the Jeddah sunshine in high-octane racing, with speeds of over 50 knots (92kph/57mph) captivating fans. In qualifying on the opening day, Team Miami came out on top after Stark completed the course in 6 minutes 23.33 seconds, 10 seconds ahead of Team Rafa.

Team Miami set the event’s two fastest times

Marc Anthony said: “What an incredible first day in Jeddah and a tremendous performance by Anna and Erik to come out on top, beating stiff competition from Team Rafa. This sport has unbelievable potential.”

On day two, the top four teams competed in semi-finals then the Super Final, while the bottom four contested their own semi-finals before the Place Race to confirm positions five to eight.

Team Miami’s Anna Glennon watching teammate Erik Stark

In the Super Final, each pilot raced once, with the best time from each team determining their eventual position. Coleman, a four-time Powerboat P1 SuperStock world champion, came good with a time of 6 minutes 58.52 seconds, with Team Miami finishing 19 seconds behind and vowing to come good in the second leg of this year’s ‘Race to Hong Kong’.

“The last race was a little bit difficult for me. We’re here to win, but we finished second, so we’ll catch them in Venice,” said Stark, who won the F2 World Championship for four straight years before becoming an F1 driver.

Didier Drogba was among attending owners

Europe hosts the next five legs in Italy’s Venetian lagoon (May 11-12), Puerto Banus on Spain’s Costa Del Sol (June 1-2), Geneva, Switzerland (June 29-30), Monaco (July 26-27) and then Rotterdam (September 7-8) as the Dutch port city welcomes back the Racebirds after hosting a test event last September.

The 2024 tour concludes in Asia, with Hong Kong (November 9-10) signing up to host the season finale for the first three seasons.

Basso concluded: “E1 has firmly landed on the global sporting map, and our next stop in Venice is set to be another tremendous event.”

E1 World Championship 2024

After Leg 1; Jeddah, Saudi Arabia

1. Team Brady: Emma Kimiläinen (FIN), Sam Coleman (UK) 20 points

2. Team Miami: Anna Glennon (USA), Erik Stark (SWE) 17 points

3. Team Rafa: Cris Lazarraga (SPA), Tom Chiappe (ITA) 14 points

4. Team Blue Rising: Lisa Battaglia (MON), Phelim Kavanagh (USA) 10 points

5. Team Checo: Vicky Piria (ITA), Dani Clos (SPA) 8 points

6. Team Drogba: Oban Duncan (UK), Yousef Abdulrazzaq (KUW) 5 points

7. Aoki Racing Team: Mashael Al Obaidan (KSA), Saud Ahmed (KSA) 3 points

8. Team Brazil: Catie Munning (UK), Timmy Hansen (SWE) 1 point

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