Business
Applications for insolvency have been filed for Nobiskrug in Rendsburg and FSG (Flensburger Schiffbau-Gesellschaft) in Flensburg, both owned by Lars Windhorst's Tennor Group. The
companies affected are FSG-Nobiskrug Holding GmbH, Flensburger Schiffbau-Gesellschaft mbH, Nobiskrug Yachts GmbH and FSG Nobiskrug Design GmbH.The district courts of Flensburg and
Neumünster have appointed lawyers Christoph Morgen and Hendrik Gittermann as provisional insolvency administrators, according to official statements. Representatives from IG Metall
and the works councils, as well as Schleswig-Holstein's Minister of Economic Affairs, Claus Ruhe Madsen (CDU), are also involved in the discussions.
The appointed administrators, alongside their teams, are currently evaluating the financial situation of the two shipyards, which operate under the FSG-Nobiskrug Holding umbrella.
According to local news outlet Spiegel, staff meetings are being held to address the workforce and discuss the shipyards' future. FSG and Nobiskrug have faced long-standing
financial difficulties, with delays in salary payments becoming a recurring issue. The November payroll and Christmas bonuses
Thu, 12 Dec 2024 | 11:45
New Designs
Italian yacht builder Picchiotti has unveiled the first images for a new 61-metre superyacht concept, Vintage. Picchiotti was acquired by The Italian Sea Group (TISG) in 2022,
alongside the Perini Navi brand. Following this acquisition, Picchiotti unveiled a new Gentleman yacht line, which included the first model in the series, a 23.95-metre aluminium
motor yacht with an expected delivery date of 2025.
Read: First 24m Picchiotti Gentleman yacht in-build and interiors unveiledThe Picchiotti boasts a history dating back to 1575, with its origins in Limite sull’Arno, a shipbuilding
centre during the Medici era in Florence. Initially crafting small merchant boats for the Arno River, the shipyard expanded during the Renaissance to produce sailing ships, later
progressing to 19th-century oceanic sailboats and steamships.
Over time, Picchiotti shifted its focus from commercial vessels to military ships and, by the 1920s, gradually turned its attention solely to yachts, especially after World War II.
Today, under the guidance of Giovanni
Thu, 12 Dec 2024 | 15:00
Fleet Updates
Turkish yacht builder Bilgin Yachts has announced the launch of the 80.1-metre superyacht Al Reem. Currently one of the largest yachts ever launched by Bilgin Yachts, Al Reem is
the third hull in the 263 series.
Previously known as Project Silence, construction began on Al Reem in 2018, with her sale announced in February 2022 in collaboration with Bluewater Yachting. Joining her
sisterships Tatiana and Leona, Al Reem boasts 20 percent more volume than her predecessors.
Read: Bilgin announces sale of 80m superyacht Project Silence
Al Reem features exterior design and naval architecture by Unique Yacht Design, with interior design penned by H2 Yacht Design. She showcases a sleek and modern design,
characteristic of the Bilgin 263 series.
Her interior design is adorned with precious materials such as rich Macassar ebony, eucalyptus, and opulent marble accent, which blend seamlessly together to create a luxurious,
yet comfortable atmosphere.
“Each of the three sisterships is distinct,” notes Emrecan Özgün, founder and
Thu, 12 Dec 2024 | 17:45
Latest
See All
Loading...
Partner Content
Sponsored
The Sanlorenzo 44 Alloy series, originally unveiled in 2020, embodies a rare fusion of avant-garde design and timeless sophistication, offering a superyacht experience that
seamlessly connects indoor comfort with the allure of outdoor living. A triumph of craftsmanship and creativity, this fast-displacement, all-aluminium yacht reimagines the
boundaries of nautical architecture and has been a hugely successful model with eleven hulls already sold. With her 44.5 metres, the 44 Alloy is designed to immerse its owners and
guests in luxury while forging an intimate connection with the sea. Among the standout examples of this design philosophy are Cloud 9, delivered in 2024, Annabella in 2021 and
Kamakasa of 2020. In the same year Paiza One, with interiors penned by the renowned architect Michele Bonan, represents a modern and innovative reinterpretation that pays homage to
the elements of traditional boating. An example of this fusion is the use of bollards and ropes, which adorn the stair
Thu, 12 Dec 2024 | 11:00
Sponsored
The global yacht market faced notable challenges in 2024, with fewer than 650 transactions completed in the first ten months, marking a contraction in both brokerage and new yacht
sales. This continues the market shift that began in the third quarter of 2022. While the global yacht market saw a 23% decline in 2024, IYC reported only a 6% decrease in
transactions compared to 2023.
Michel Chryssicopoulos, Global Managing Partner, shared: “Despite a challenging market, we’re pleased to report growth across all divisions. By the end of October 2024, sold 44
superyachts, booked 2,790 charter days, and secured over 790 weeks on our charter fleet. Our charter-managed fleet has expanded to 162 yachts, and we now have 55 yachts under
technical management.”IYC’s performance across sales, charter, and management highlights the strength of its strategy. “Our brokers’ expertise, global network, and strong presence
in the larger yacht segment have been key to our success,” said CEO
Wed, 11 Dec 2024 | 16:00
Sponsored
The Superyacht Technology Show returns in 2025 with a renewed focus on meaningful interactions and realistic solutions to innovative sustainability. After gathering extensive
feedback from the 2024 show, organisers have introduced a range of updates aimed at enhancing the experience for exhibitors, attendees, and the superyacht technology community at
large. Unlike many of the industry events, the show is independent, dedicated 100 percent to showcasing and celebrating the best in superyacht technology.With two central themes –
realistic solutions in alternative energy and an exploration of the UHNW ecosystem – the event promises to set a new standard in superyacht technology exhibitions. Supported by key
sponsors, including Peninsula and NavCom, these themes will come to life through the TECHTalks conference and throughout the exhibition space.Enhancements and new experiences for
2025
To support seamless interactions, a new advanced event app has been developed to benefit both exhibitors and attendees. The app has been created with a number
Fri, 29 Nov 2024 | 11:00
Sponsored
Cristiano Gatto is more than a yacht designer; he is an artist and an artisan. With a hands-on approach that places client collaboration at the forefront of every project, Gatto
has carved out a reputation as an innovator in yacht interiors, and more recently, exteriors. His studio, rather than seeing itself solely as a design firm, embraces the artistry
and craftsmanship that defines Gatto's unique methodology. This dedication to bespoke design is showcased across recent high-profile projects such as Heesen’s 50-metre ALP, as well
as the in-build projects; Heesen's 57-metre Project Setteesettanta, and 50-metre Project Sophia. The studio is also currently finalising the first hull of the 50-metre Gulf Craft's
Majesty 160 series Geulunel II, which marks one of Gatto's first exterior/interior projects.A holistic approach to bespoke design
Gatto’s process is notably distinct in the yacht design industry, where he and his team focus on far more than aesthetics. They take an immersive approach,
Thu, 28 Nov 2024 | 16:00
Sponsored
Superyacht operations have long been a complex juggle of multiple systems, endless emails, and spreadsheets until DeepBlue stepped in. The company launched its software solution
platform in 2013 and has been transforming and simplifying the landscape of yacht management ever since. Easing workloads for crew, DPA's, accountants, and management agencies,
DeepBlue redesigns and constantly updates each corner of yacht operations within its centralised platform. From finance and fleet management to security, the company will showcase
these latest developments this year at the autumn yacht shows, including the Monaco Yacht Show and METSTRADE. Mastering the art of finance
Money makes the superyacht world go round, and at the heart of the company's offering is its upgraded accounting module, which streamlines all yacht financials, simplifying
managing budgets and expenditures. A game-changing partnership with Centtrip allows for seamless reconciliation of card transactions and wire transfers directly within DeepBlue,
further streamlining financial processes. The new module has an enhanced
Thu, 28 Nov 2024 | 10:36
Sponsored
The Made in Italy brand once again commanded global attention at METSTRADE in Amsterdam, with the Italian Pavilion offering a striking showcase of the nation’s unrivalled expertise
in the design and construction of marine equipment and components. Coordinated by the Italian Marine Industry Association (Confindustria Nautica) and the Italian Trade Agency
(ITA), the pavilion hosted 75 Italian companies, each exemplifying the innovation, quality, and design that have made Italy the global benchmark in this arena.
In addition to its prominence in equipment and components, the pavilion’s Superyacht segment served as a fitting tribute to Italy’s leadership in high-end yacht construction. This
comprehensive presentation not only demonstrated Italian craftsmanship but underscored the nation's ability to anticipate market trends and set global standards.Celebrating Italian
craftsmanship and collaboration
At the heart of ITA’s mission is the promotion of the Made in Italy ethos – a commitment to exceptional quality and craftsmanship that continues to resonate worldwide. By
supporting more
Thu, 28 Nov 2024 | 10:15
Partner ContentSee All
Sponsored
The Sanlorenzo 44 Alloy series, originally unveiled in 2020, embodies a rare fusion of avant-garde design and timeless sophistication, offering a superyacht experience that
seamlessly connects indoor comfort with the allure of outdoor living. A triumph of craftsmanship and creativity, this fast-displacement, all-aluminium yacht reimagines the
boundaries of nautical architecture and has been a hugely successful model with eleven hulls already sold. With her 44.5 metres, the 44 Alloy is designed to immerse its owners and
guests in luxury while forging an intimate connection with the sea. Among the standout examples of this design philosophy are Cloud 9, delivered in 2024, Annabella in 2021 and
Kamakasa of 2020. In the same year Paiza One, with interiors penned by the renowned architect Michele Bonan, represents a modern and innovative reinterpretation that pays homage to
the elements of traditional boating. An example of this fusion is the use of bollards and ropes, which adorn the stair
Thu, 12 Dec 2024 | 11:00
Sponsored
The global yacht market faced notable challenges in 2024, with fewer than 650 transactions completed in the first ten months, marking a contraction in both brokerage and new yacht
sales. This continues the market shift that began in the third quarter of 2022. While the global yacht market saw a 23% decline in 2024, IYC reported only a 6% decrease in
transactions compared to 2023.
Michel Chryssicopoulos, Global Managing Partner, shared: “Despite a challenging market, we’re pleased to report growth across all divisions. By the end of October 2024, sold 44
superyachts, booked 2,790 charter days, and secured over 790 weeks on our charter fleet. Our charter-managed fleet has expanded to 162 yachts, and we now have 55 yachts under
technical management.”IYC’s performance across sales, charter, and management highlights the strength of its strategy. “Our brokers’ expertise, global network, and strong presence
in the larger yacht segment have been key to our success,” said CEO
Wed, 11 Dec 2024 | 16:00
Sponsored
The Superyacht Technology Show returns in 2025 with a renewed focus on meaningful interactions and realistic solutions to innovative sustainability. After gathering extensive
feedback from the 2024 show, organisers have introduced a range of updates aimed at enhancing the experience for exhibitors, attendees, and the superyacht technology community at
large. Unlike many of the industry events, the show is independent, dedicated 100 percent to showcasing and celebrating the best in superyacht technology.With two central themes –
realistic solutions in alternative energy and an exploration of the UHNW ecosystem – the event promises to set a new standard in superyacht technology exhibitions. Supported by key
sponsors, including Peninsula and NavCom, these themes will come to life through the TECHTalks conference and throughout the exhibition space.Enhancements and new experiences for
2025
To support seamless interactions, a new advanced event app has been developed to benefit both exhibitors and attendees. The app has been created with a number
Fri, 29 Nov 2024 | 11:00
Sponsored
Cristiano Gatto is more than a yacht designer; he is an artist and an artisan. With a hands-on approach that places client collaboration at the forefront of every project, Gatto
has carved out a reputation as an innovator in yacht interiors, and more recently, exteriors. His studio, rather than seeing itself solely as a design firm, embraces the artistry
and craftsmanship that defines Gatto's unique methodology. This dedication to bespoke design is showcased across recent high-profile projects such as Heesen’s 50-metre ALP, as well
as the in-build projects; Heesen's 57-metre Project Setteesettanta, and 50-metre Project Sophia. The studio is also currently finalising the first hull of the 50-metre Gulf Craft's
Majesty 160 series Geulunel II, which marks one of Gatto's first exterior/interior projects.A holistic approach to bespoke design
Gatto’s process is notably distinct in the yacht design industry, where he and his team focus on far more than aesthetics. They take an immersive approach,
Thu, 28 Nov 2024 | 16:00
Sponsored
Superyacht operations have long been a complex juggle of multiple systems, endless emails, and spreadsheets until DeepBlue stepped in. The company launched its software solution
platform in 2013 and has been transforming and simplifying the landscape of yacht management ever since. Easing workloads for crew, DPA's, accountants, and management agencies,
DeepBlue redesigns and constantly updates each corner of yacht operations within its centralised platform. From finance and fleet management to security, the company will showcase
these latest developments this year at the autumn yacht shows, including the Monaco Yacht Show and METSTRADE. Mastering the art of finance
Money makes the superyacht world go round, and at the heart of the company's offering is its upgraded accounting module, which streamlines all yacht financials, simplifying
managing budgets and expenditures. A game-changing partnership with Centtrip allows for seamless reconciliation of card transactions and wire transfers directly within DeepBlue,
further streamlining financial processes. The new module has an enhanced
Thu, 28 Nov 2024 | 10:36
Sponsored
The Made in Italy brand once again commanded global attention at METSTRADE in Amsterdam, with the Italian Pavilion offering a striking showcase of the nation’s unrivalled expertise
in the design and construction of marine equipment and components. Coordinated by the Italian Marine Industry Association (Confindustria Nautica) and the Italian Trade Agency
(ITA), the pavilion hosted 75 Italian companies, each exemplifying the innovation, quality, and design that have made Italy the global benchmark in this arena.
In addition to its prominence in equipment and components, the pavilion’s Superyacht segment served as a fitting tribute to Italy’s leadership in high-end yacht construction. This
comprehensive presentation not only demonstrated Italian craftsmanship but underscored the nation's ability to anticipate market trends and set global standards.Celebrating Italian
craftsmanship and collaboration
At the heart of ITA’s mission is the promotion of the Made in Italy ethos – a commitment to exceptional quality and craftsmanship that continues to resonate worldwide. By
supporting more
Thu, 28 Nov 2024 | 10:15
Premium
See All
Fleet Updates
See All
Market
Photo of the day
Seen here last week in Hobart, Tasmania is the 81-metre Royal Huisman sailing yacht Sea Eagle. Delivered in 2020, the flybridge schooner is the eighth largest sailing yacht in the
world and the world’s largest aluminium sailing yacht. Designed by Dykstra Naval Architects and Mark Whiteley Design, Sea Eagle features a long waterline and a powerful Panamax
rig. Sea Eagle can sleep up to 12 guests across an adaptable five or six stateroom layout on the lower deck. She is capable of reaching speeds in excess of 22 knots, thanks to twin
Caterpillar C32 engines. Sea Eagle is currently available for charter with Y.CO and you can take a closer look at her interiors here
Thu, 12 Dec 2024 | 08:00
Pictured here is the 122-metre Lürssen superyacht Kismet cruising in Madeira, Portugal, not long after she had her world debut at the Monaco Yacht Show 2024 in late September.
Having been delivered to her owner in May 2024, Kismet comprises six decks total, with exterior design by Nuvolari Lenard, along with interiors imagined by Reymond Langton Design.
At a volume of 4,918 GT, Kismet is capable of sleeping as many as 12 guests across an eight or nine stateroom configuration, which includes a master suite spanning two decks.
Kismet's owner's suite is also complete with a private Jacuzzi and sunbathing area forward, while a private staircase leads the way to a panoramic master office and a conference
table for up to six. Powered by twin MTU engines, Kismet has a cruising speed of 12 knots and a top speed of 18 knots. Currently available for charter with Cecil Wright, you can
explore the interiors
Wed, 11 Dec 2024 | 08:00
Seen here last week at the Marina da Glória in Rio de Janeiro, Brazil is the 68-metre Feadship superyacht Lady Christine and the 58-metre Damen Yachting explorer yacht Pink Shadow.
Launched in 2010, Lady Christine was built for highly experienced owners who were intrinsically involved in every step of the project. She features exterior design and naval
architecture by De Voogt Naval Architects, with interior design penned by Rodney Black Design Studios. Lady Christine boasts a unique split-level layout with an owner’s deck and
observation lounge. She can sleep up to 10 guests across a five stateroom configuration, as well as a crew of 20 in 10 cabins.Delivered in August 2023, Pink Shadow is highly
recognisable with her striking green colour scheme. The SeaXplorer 58 yacht features exterior design by Azure Yacht Design & Naval Architecture, with interior design from Design
Unlimited and naval architecture crafted in-house by Damen Yachting. She can accommodate as
Tue, 10 Dec 2024 | 08:00
Spotted last weekend in Canary Wharf, London, is the 58.5-metre Royal Huisman motor yacht Phi. The yacht has been anchored here since March 2022, following her detention in British
waters by the UK Transport Secretary on 13 March, who identified her as potentially Russian-owned. The yacht's owner has contested the arrest, emphasising that he is not listed on
the sanctioned registers of the UK, EU, or USA. Despite the detention, he continues to use his other vessels and has shouldered the ongoing maintenance costs for Phi during her
stay in the UK. He also argues that he has no connection with Putin’s regime. Phi is currently uninsured and is falling out of class and soon won’t be able to operate. Scaffolding
can currently be seen on her upper and aft decks, with weather damage partially visible from her aft deck.
Phi was delivered in 2021 to her owner in a laser light display ceremony
Mon, 09 Dec 2024 | 08:00
Pictured here last night is the 49.9-metre Heesen motor yacht Rocket in D-Marin Marsa Al Arab, Dubai. Delivered in 2011 as part of the Heesen 5000 Semi-Displacement series, Rocket
features exterior design by Omega Architects, with naval architecture by Van Oossanen and original interior design by Domus Nova. Currently for sale with Burgess, she has been
well-maintained over the years and has benefitted from multiple refits, which include an interior overhaul by Cristiano Gatto Design. You can find out more about her here.
Pictured next to her is the 40-metre Sanlorenzo motor yacht Alloya 40. Delivered in 2012 as part of the Sanlorenzo 40 Alloy series, Alloya 40 features interior and exterior design
by Francesco Paszkowski, with naval architecture from her builder Sanlorenzo. Both yachts are situated next to the Jumeirah Marsa Al Arab hotel, a 386 room, four penthouse and 82
luxury hotel apartment suite building, which has been inspired by the futuristic
Fri, 06 Dec 2024 | 08:00
Pictured here last night in Dubai Harbour Marina is the 64.8-metre Benetti superyacht Ambrosia. Delivered in 2006, Ambrosia was sold earlier this year in a deal with Bryan Somerset
Mehut of Moana Yachting introducing the buyer and Gregory Gheraïa of BlackOrange Yachts representing the seller. With an internal volume of 1,639 GT Ambrosia can accommodate up to
14 guests, with interior design penned by Zuretti Interior Design and exterior design from Stefano Natucci. Key features onboard include a comprehensive wellness spa with a gym, a
health and beauty salon, a medical centre and her helipad.
Ambrosia was spotted by SuperYacht Times’ Head of Intelligence Ralph Dazert during the Gulf Superyacht Summit 2024. Returning for its sixth year, this prestigious two-day
conference is being held between 4 and 5 December 2024, at the five-star Jumeirah Beach Hotel in the sophisticated Safinah Ballroom.
You can find the full Gulf Superyacht Summit 2024 programme here and can stay
Thu, 05 Dec 2024 | 08:00