Superyacht builder Ferretti sold to Chinese company

China’s Shangong Heavy Industries has bought the Ferretti Group, taking over 75% of the Italian shipmaker’s capital. Sleekly tailored with gleaming chrome accessories and luxurious saloons, the Ferretti Group designs some of the most exclusive yachts in the nautical world. Ferretti has 8 yacht brands (Ferretti Yachts, Pershing, Itama, Bertram, Riva, Mochi Craft, CRN and … Continued

Perini Navi to Build Second Largest Yacht

Launched nearly six years ago, the masterful 289-ft. Maltese Falcon remains Perini Navi’s crowning achievement. While the yard has constructed many stunning yachts since then, none have approached the Falcon’s impressive length. Now Perini Navi has signed a contract for a 226-ft. sailing superyacht, that, when completed, will be the second largest PN ever built, … Continued

Superyacht Yas launched by ADM Shipyards

Abu Dhabi’s ADM Shipyards has just launched the 462.5 ft. megayacht Yas, which now ranks as the world’s 6th largest. The yacht, whose design was adapted from a UAE Navy frigate, is rumored to have been commissioned by a member of an Arabic royal family. The vessel features luxurious accommodations for up to 60 guests … Continued

Princess V Class Sport Yacht V85S

Princess Yachts International have released their latest yacht, the V-85S sports yacht (measuring 85ft overall). Ingeniously hidden within the sleek lines of her exterior is a flying bridge with dual helm controls and companion seating. Complete with refrigeration and a sound system, this is also a relaxed space for daytime entertaining as an alternative to … Continued

Simpson Marine in China

Simpson Marine, Asia’s largest yacht brokerage company, has opened a flagship office at the Serenity Coast Marina in Sanya, Hainan. “Simpson Marine is ready to serve the Chinese market, and specifically its southern part, which is transforming itself into the yachting hub of China.” On top of the existing 8 marinas in operation, over 12 … Continued

Quinta Essentia Superyacht

The 55 metre superyacht Quinta Essentia, the largest vessel ever launched by the Netherlands’ Heesen Yachts, has been listed for sale for $100 million. With sleek exterior lines by Frank Laupman of Omega Architects, the yacht’s most striking feature is a grand swimming pool on the aft deck complete with a waterfall. The yacht has … Continued

Kirsty Bertarelli’s new Megayacht

Kirsty Bertarelli, the richest woman in Britain and her husband Ernesto have bought the biggest motor yacht ever built in the UK, the 315-ft. foot Vava II. The $160 million megayacht, which now ranks as the 33rd largest in the world, was built by Devonport Yachts in Plymouth and boasts luxury interiors, a helicopter landing … Continued

Toyota Ponam-35 Luxury Boat

More renowned for its prowess with wheeled vehicles, Toyota Motor Corp. is increasing its seaborne fleet with the launch of a new leisure boat, the Ponam-35. But the 11.95-meter cruiser is still related to the car manufacturer’s mainstream products as its two V8-cylinder engines are adapted versions of the 4.5-liter V8 diesel engine that can … Continued

Pearl team up with Kelly Hoppen on new 75ft flagship

Pearl Motor Yachts, one of the UK’s leading luxury yacht builders, has announced a special collaboration with British interior designer Kelly Hoppen MBE. Kellyis has been brought on board to design the luxury interior of the flagship Pearl 75, which will be launched in early 2012. Kelly creates stunning interior designs for luxury homes, yachts … Continued

Prince Al Waleed takes Abramovich’s parking spot

A Saudi sheikh left Roman Abramovich stranded at sea this week after taking the last megayacht berth at the so-called “Millionaire’s Quay” in Cap d’Antibes. The Russian oligarch had wanted to moor his massive $800 million, 533-ft. yacht Eclipse, at the famed dock but arrived to find the only available spot had just been snatched … Continued

Steven Spielberg Buys $200 Million Superyacht

Steven Spielberg was recently spotted in St. Barth’s and St. Maarten aboard his new toy, the 86-metre Oceanco superyacht Seven Seas. Featuring naval architecture by Azure and an interior design scheme by Nuvolari & Lenard, the ship was launched by the Dutch shipbuilder a few months back. Said to have cost about $200 million, the … Continued

LVMH Debuts M Class Princess Superyachts

LVMH acquired UK-based yacht builder Princess Yachts in 2008 and they are now entering the superyacht sector with the launch of the first of their M class vessels. The first model in the series, the 32M, was unveiled at the London Boat Show in January 2011. It is also the first craft truly worthy of … Continued

African dictator’s son orders luxury superyacht

Teodorín Obiang, the son of Equatorial Guinea’s dictator of 30 years commissioned plans to build a superyacht costing $380 million. According to Timeslive, it’s nearly three times what the country spends on health and education each year. German company Kusch Yachts has been asked to build the yacht, housing a cinema, restaurant, bar and swimming … Continued

Intermarine 55 by BMW DesignworksUSA

Brazilian yacht maker Intermarine has collaborated with BMW DesignworksUSA to develop an ultra luxury yacht that has been dubbed Intermarine 55. Intermarine 55 is inspired by modern architecture and automotive surfacing, such as the BMW X6, and is scheduled to go on sale this July. Highlights of the new yacht include two head compartments along … Continued

Superyacht Reverie is up for sale

Michael White of the Ocean Independence has listed the 70 metre Reverie for sale with an asking price of $75,000,000. Massive volume and interior space, as well as huge deck areas set her apart. The luxury superyacht has been meticulously maintained and sensibly upgraded. The magnificent Reverie has very versatile accommodation for between 18 and … Continued

Larry Page Buys $45 Million Luxury Superyacht

Google’s billionaire cofounder Larry Page just bought a $45 million superyacht called Senses from a New Zealand business man named Sir Douglas Myers. The stylish 194-ft. expedition superyacht was designed by Kusch Yachts and built back in 1999 at Germany’s Schweers yard with a refit in 2010. The superyacht features interiors by design genius Philippe … Continued

Rich Chinese show off their wealth on the water

They already drive flashy cars, wear expensive watches and eat at top-end restaurants. Now rich Chinese businessmen have found a new way to flaunt their wealth – luxury boats. “They want to go out on the ocean and have fun — and take VIP clients to fish and negotiate deals,” said Zheng Weihang, secretary general of … Continued

Luxury yachts fly the green flag

Luxury yachts that whisk their millionaire owners or charter guests to the world’s top beauty spots, guzzling gallons of fuel on the way, have long scraped the bottom of the green league tables. But as superyachts converged on the Riviera for this year’s 20th Monaco Yacht Show, a small but determined minority were flying the … Continued

Perini Navi Building Megayacht to Top Maltese Falcon

At 289 ft., the amazing Maltese Falcon is the world’s largest, best designed, and most expensive sailing yacht – for now. Its builder Perini Navi is now hard at work on a much larger sailing megayacht, a 335-ft. craft dubbed the C.2157, James Spotting reports. Similar is styling to the Maltese, the 335-footer also has … Continued