Following the launch of the award winning Imperial Princess in 2012, the flagship Princess 40M from the range of M CLASS superyachts, Princess Yachts International have announced the delivery of the second hull to Russia. The delivery of hull number two comes amid continuing critical acclaim and international award success for the 40M. As Princess’ largest yacht built to date, and a shining example of how the British yacht manufacturer is firmly establishing itself as world-leading designer and manufacturer of technically-advanced yachts in the 100ft-plus market, she was recognised and celebrated at the World Superyacht Awards earlier this year. A private commission, the second Princess 40M, has been designed and specified with meticulous detail. Her elegant Mark Berryman interior scheme features an Oriental theme incorporating…

After more than 10 years of success at the top of the superyacht refit market, ITM has recently crossed a period of uncertainty, following restructuring within the company’s management. This unfortunately coincided with the effects of the economic crisis on the otherwise profitable yachting industry. Following this conjuncture, ITM now finds itself in serious financial difficulties, which have led to a juridicial review in order to avoid bankruptcy. ITM is therefore seeking investors or buyers for the shipyard, and can confirm that an international call for bids has been initiated this week. Ideally situated in the heart of the Mediterranean, ITM has the exclusive use of 4 large dry docks and 300m of repairing piers, via the Port of Marseille. In addition to this, ITM…

Cape4 has announce the sale of a 50 metre (164 foot) superyacht in the Admiral C-Force range, with a scheduled delivery in April 2016. With exterior design by Jure Bukavec of Unielle Design, the C-Force 50 will feature a steel hull and aluminum superstructure. She will have a top speed of 17.3 knots and a cruising speed of 16.3 knots. More details to follow. Cape 4 Yachting +30 210 983 4382 www.cape4yachting.com Admiral Tecnomar - Yachting hub of The Italian Sea Group +39 0585 50621 This e-mail address is being protected from spambots. You need JavaScript enabled to view it www.admiraltecnomar.com

Lürssen has delivered Azzam on 22nd October 2013. In addition to being the largest yacht in the world with a length of 180 meters and with a top speed of over 30 knots she adds another record in terms of building time: less than three years from steel cutting following one year of engineering. This enormous achievement was possible thanks to the guidance and leadership of Eng. Mubarak Saad al Ahbabi who is the principal designer and the man who defined the original creative idea based on his in-depth knowledge of the environment. Azzam's innovative and timeless design has been developed by Mario Pedol from Nauta Yachts. The interior design was created by the renowned French designer Christophe Leoni who is excited to have been…

15,000 Man hours in painting, 10,000 man hours for carpentry work and 8,000 for electrical systems. This wil go into the Riva's new flagship, the 122' Mythos. the Riva 122’ Mythos, the largest aluminium planing yacht ever produced by the historic shipyard. The yacht is currently under construction at the CRN yard, and is on time, and on budget. Designed by Mauro Micheli of Officina Italiana Design, the team which is in charge of the design of all the models of the Riva range, in close collaboration with AYT – Advanced Yacht Technology, Ferretti Group’s research and naval design centre, and Centro Stile Ferrettigroup, a skilful team of architects and designers. All the main technical systems are already onboard: the engines, the gensets, the converters,…

North America is still the most significant market for the yachting industry, ahead of Russia and the Middle East. This was the conclusion of a panel of industry experts hosted by Burgess on board the spectacular motor yacht Cakewalk during the Fort Lauderdale International Boat Show (FLIBS) last month. Built by Derecktor, the sensational 85.6m Cakewalk is the largest volume superyacht ever constructed in the United States. Currently offered for sale by Burgess as Central Agents, the yacht represented the perfect platform for a discussion on the state of the market. The panel also faced questions on the importance of FLIBS for the superyacht industry at large, environmental responsibility and the ever-elusive question: where do buyers come from? Burgess President & CEO Jonathan Beckett was…

Jet-Tern Marine, the Chinese partner of Guido de Groot Design in the Netherlands, started engineering work on the new Selene 78 Ocean Explorer several months ago. The partnership has already produced the mould for the first yacht. This represents a landmark moment as the yacht is the first Selene 78 from Selene Yachts’ Ocean Explorer line. In addition to the Selene 78, Jet-Tern Marine is also currently building a Selene 92 Ocean Explorer. The new Selene 78 is being built for a North American customer and is slated for delivery in the summer of 2015. Her extensive range and stylish interior make this trawler yacht ideal for long voyages in luxury and comfort. The first Selene 78 Ocean Explorer has a length of almost 24…

Mulder Shipyard has announced that they have signed an agreement to build a 34 metre motoryacht. This will be Mulder’s largest yacht built so far and also their first yacht over 300 GT. With this order, the total number of Mulder yachts under construction raised to seven. Mulder Shipyard already delivered a Mulder 73 Flybridge, a Mulder Favorite 1300 Cabrio and a Mulder 75 Wheelhouse earlier this year. British design agency Claydon Reeves will be responsible for both interior and exterior design of the 34 metre custom built, steel displacement yacht and the naval architecture will be the work of the Dutch Van Oossanen Naval Architects. Obviously the Mulder 34 metre will be built to superyacht standards. The Mulder has a GT from 315 tons…

67m Fast Yacht Support vessel races to victory at major awards ceremony in Florida The Damen-built 67m Fast Yacht Support vessel, GARÇON, has won the ISS Awards of Distinction for Innovation at the International Superyacht Society Awards Gala in Fort Lauderdale. GARÇON came out top of an industry-led voting process that assessed five shortlisted entries in the competitive and broad-ranging Innovation category. According to the International Superyacht Society: “The Excellence in Innovation award is given to an individual or business that has demonstrated innovation in their endeavours within the previous year.” GARÇON was designed and customised according to the requirements of the client, the owner of an 87m luxury superyacht. The vessel’s innovative ‘axe bow’ and underwater body shape enable her to reach speeds between…

Severodvinsk-based Sevmash, which is part of the United Shipbuilding Corporation, Russia’s largest multi-profile shipbuilding complex, has launched superyacht project A1331, and succesfully completed seatrials. Details are still scarce, but we do know the 71 metre superyacht is designed by H2 Yacht Design. Naval architecture by AGAT Design Bureau. It is believed that the yacht will make her way to Italy, for final interior fitting.