The Superyacht Group

09/07/2024

Her Pedigree Shines On...

Huisfit offers solutions for various types of conversions: lengthening hulls, adding carbon composite or aluminium superstructures, transforming racers into luxury yachts, and complete replacement of interiors.

The schooner Athos underwent a major conversion by Huisfit, involving updates to the interior and exterior, including extending the stern, redesigning cockpits, adding a navigation deckhouse, and installing new sails and rigging.

Huisfit’s capability and reputation for quality led to obtaining the project. For the owner, it was a bonus to take Athos back to the location where she was originally built in 2010, now Huisfit’s Amsterdam deep water refit facility.

Click here to receive the Whitepaper > https://bit.ly/3VPdMaK

22/05/2024

Marina Developments: Insights into Central America and the Caribbean…

What are your sentiments on marina developments in Central America?

Are there any amenities or services that are needed or missing from marinas in that region?

As we explore developments in the yachting infrastructure within Central America, The Superyacht Group would like to invite Captains, Senior Crew, Charter Brokers, Yacht Agents, Yacht Managers, Owners and Owner’s Representatives in our community to take part in an editorial and intelligence survey on marinas and cruising experiences within the region.

Your insights are invaluable and crucial in identifying what truly matters when it comes to enhancing marina developments, and allow us to accurately support the superyacht industry in this vibrant region.

Click here to complete our short survey > https://bit.ly/3QUYBv2

16/05/2024

‘We must be proactive on crew welfare’

First appearing in The Superyacht Report - New Build Focus, Charles Boyle, Director of Legal Services, Nautilus International, says regulations compliance isn’t enough and that crew welfare must take priority.

The Maritime Labour Convention (MLC) mandates standards for seafarer accommodations, with recent changes requiring social connectivity and improved internet access onboard.

The UK's Tripartite Working Group ensures implementation flexibility for vessels, prioritizing crew preferences. However, the industry must go beyond mere compliance and take proactive steps to enhance crew well-being.

Nautilus International continues to advocate for the advancement of crew welfare.

Click here to read more > https://bit.ly/4duX4FD

Charles Boyle, director of legal services, Nautilus International, says regulations compliance isn’t enough – crew welfare must take priority

15/05/2024

The Superyacht Group recently spoke with Miquel À. Lliteras, General Manager at Pendennis Vilanova, to delve into the services offered by Pendennis Vilanova.

Located just outside of Barcelona, Pendennis Vilanova offers yachts easy access to a modern 48-berth marina and technical service centre in the heart of the Mediterranean. A flexible approach and on-site facilities provide the perfect solution for any yacht, whether looking for a brief pit stop, a longer-term berthing option or the ability to conduct a Mediterranean-based refit.

At Pendennis Vilanova, they excel in organising a wide range of services within their facilities, technical marina and shipyard. This flexibility allows clients to choose between collaborating directly with Pendennis Vilanova or utilising their contractors.

Should the client choose to engage Pendennis Vilanova, they can take advantage of various services by their skilled trade departments, encompassing engineering, electrical work, carpentry, and painting. Alternatively, clients can also benefit from the expertise of Pendennis Vilanova’s carefully selected in-house contractors.

For more information on Pendennis Vilanova or to discuss your project, click here > https://bit.ly/49UrOwT

14/05/2024

Do you ever wonder what the superyacht market thinks of your company? Are you considering a rebrand or an expansion into a new region? Do you reflect on what your client thinks of you relative to your competitors?

Great decisions don’t start with assumptions, let us provide the answers.

Utilising a mixture of qualitative and quantitative research, we conduct intelligence surveys and interviews to understand how your brand is perceived.

This analysis can lead to the repositioning of marketing messaging, rebranding projects or key business decisions on where to invest more marketing spend to align with your business goals.

The Superyacht Agency’s team of brand strategists and creatives is bolstered both by extensive experience of the superyacht and UHNWI luxury spaces, and by a track record of delivering stand-out brands and extensions for clients such as One Ocean Port Vell, Christophe Harbour St Kitts, Porto Mirabello La Spezia, MB92, Feadship, the Red Ensign Group, and many more.

Click here to enquire today > https://bit.ly/44AUaer

09/05/2024

The blue carbon investment

Last year was the hottest on record for the world’s oceans, so how can blue carbon initiatives from the superyacht community help protect them?

Rising ocean temperatures, reaching record highs in 2023 for the fifth consecutive year, threaten marine ecosystems, worsened by issues like plastic pollution and coral bleaching. Despite yachting's reliance on oceans, it contributes to localized damage.

However, oceans are vital for oxygen production and carbon absorption, underscoring the need for their protection.

Investing in blue carbon regeneration, like seagrass beds and coral restoration, offers solutions to mitigate emissions and preserve biodiversity.

Collaborative efforts between organisations like International Seakeepers and Yachts for Science aim to advocate for conservation and fund restoration projects.

Recognising oceans' importance in sustainable development, initiatives like the UN's SDG 14 and the Decade of Ocean Science stress the urgency of safeguarding marine environments. Supporting these efforts ensures a healthy future for oceans and their dependent communities.

Click here to read more > https://bit.ly/3UfxkEj

Last year was the hottest on record for the world’s oceans, so how can blue carbon initiatives from the superyacht community help protect them?

07/05/2024

Superyachts are one-of-a-kind products, making it very challenging to identify patterns in their operations… but with YETI, there’s a way.

Uncover YETI logic by joining Episode 2 of the Water Revolution Foundation Webinar Series - Operational Profile, Propulsion, & Hotel Energy Consumption!

📅 Date: Tuesday, 14 May, 2024
⏰ Time: 15:00 - 15:45 CEST
📍 Location: Zoom

After a successful first session laying the groundwork for the Yacht Environmental Transparency Index (YETI), Water Revolution Foundation will now be delving into the technical complexities of this leading industry method.

What will be explored?
➡️ YETI’s core methodology
➡️ The standardised operational profile used to ensure fair comparisons
➡️ Speed-power characteristics for quantifying energy demand
➡️ A pioneering way to determine hotel load power prediction

Hear from technical experts and leading industry players involved in the YETI joint industry project as they go beyond the basics…

RSVP by the 10th May to secure your participation - https://bit.ly/3wf1Qq9

07/05/2024

Shedding the tents

Cantiere Rossini’s Alfonso Postorino discusses the yard’s new state-of-the-art wooden painting sheds…

During YARE 2024, Alfonso Postorino, the shipyard director of Cantiere Rossini, showcased their cutting-edge 70-meter painting sheds, emphasizing their strategic location in Pesaro near other major yacht-building yards.

These sheds, designed with sustainability in mind, offer superior conditions for painting vessels compared to traditional cocoons.

They feature advanced insulation, renewable energy heating systems, and precise temperature and humidity control, ensuring optimal working conditions and superior results.

Postorino highlighted the substantial cost savings compared to using cocoons and emphasized the economic advantages of their advanced system.

The sheds' construction began in 2020 and involved prefabricated wooden elements, leading to swift assembly and a 20% cost savings compared to standard sheds.

Looking ahead, Cantiere Rossini plans further investments abroad, promising continued advancements in the refitting industry driven by technology and sustainability.

Click here to read more > https://bit.ly/44eCTHI

Cantiere Rossini’s Alfonso Postorino discusses the yard’s new state-of-the-art wooden painting sheds

30/04/2024

The Superyacht Group interviewed Toby Allies, the Managing Director of Pendennis, who explores the synergy among Pendennis's trio of enterprises: Pendennis Falmouth, Pendennis Vilanova, and Northfolk Interiors.

Pendennis Shipyard Ltd, renowned for its expertise in luxury superyachts, specialises in custom build and comprehensive refit ventures at its Falmouth, UK base. Whereas Pendennis Vilanova in Spain offers flexible berthing options at its 48-berth superyacht marina, and the opportunity to conduct Mediterranean-based refits.

Toby elaborated on the significance of mutual support among the different businesses. Notably, they have observed projects originating in Vilanova, with the relationship established at the marina there, seamlessly transitioning to their UK home base in Falmouth for more extensive refit or restoration endeavours.

Both entities collaborate seamlessly with Norfolk Interiors, where not only do projects in Falmouth benefit from Norfolk’s craftsmanship and creativity, but also new construction enquiries stem from the longstanding designer relationships cultivated by Norfolk over the years.

Click here to discuss your project and find out more about Pendennis Shipyard > https://bit.ly/49UrOwT

26/04/2024

Perfecting the Pendennis trifecta

From the Cornish shoreline to the blue waters of the Mediterranean, the Pendennis Group continues to build on a three-decade-old craftsmanship legacy…

Pendennis Shipyard Ltd encompasses three entities: Falmouth Shipyard, Pendennis Vilanova, and Norfolk Interiors, each contributing distinct expertise to yacht construction, refits, and interior design.

Falmouth is renowned for its state-of-the-art facilities and skilled workforce, catering to diverse projects. Vilanova, situated in the Mediterranean, offers premier services and recently hosted the America’s Cup regatta. Norfolk Interiors specialises in luxurious yacht interior design, collaborating seamlessly with the other two entities.

While each entity within the Pendennis Group offers distinct capabilities, it is their synergy that sets the Group apart for clients’ needs. The Group prioritises training and development and continually seeks innovation to enhance its operations.

With a rich history of contributing to remarkable superyachts, Pendennis Group aims to continue its success through collaboration and advancement.

Click here to read more > https://bit.ly/3QjTRP3

25/04/2024

Billion in the Balearics.

Some key findings have emerged in a report, revealing insights into the billion-euro local nautical sector at the inaugural Balearic Superyacht Forum…

The Balearic Superyacht Forum highlighted the economic significance of the Balearic nautical sector, generating over €1 billion annually.

The sector comprises 879 companies, creating 5,145 jobs and representing 3.1% of the Balearic Islands' GDP. Key points include the dominance of industrial activities, concentration of revenue among larger enterprises, and above-average salaries.

The Forum addressed sustainability, innovation, and collaboration, discussing infrastructure, housing shortages, and extending the tourist season.

Upcoming events include discussions on global challenges and presentations from start-ups, culminating in a VIP experience at the Palma International Boat Show.

Click here to read more > https://bit.ly/3UcSqmJ

SuperyachtNews.com - Page not found

24/04/2024

The Superyacht Captains Report coming soon…

The Superyacht Captains Report is the must-read edition for Captains, Senior Crew and onboard decision-makers within the superyacht industry.

In this edition, The Superyacht Report delves into the multifaceted realm of the industry's operational forefront. As our Captain’s Focus issue for 2024, we explore a spectrum of topics crucial to those steering the ship.

From examining available leadership training for Captains and senior crew to understanding the implications of WRF’s crew sustainability deadlines, we dissect the challenges of leadership, sustainability and more.

With the Superyacht Captains Report fast approaching, we would like to ask Captains and Senior Crew members in our community to fill in our short survey where we ask for your valuable insights on the changing superyacht landscape and how you perceive the industry adapting for the future.

Click here to complete our survey > https://bit.ly/3w7qEQx

23/04/2024

With less than 24 hours to go until The Balearic Superyacht Forum, the countdown is on!

Organised by The Superyacht Group and the Balearic Marine Cluster, the Balearic Superyacht Forum is the key event in the Balearic Islands that looks to conduct a strategic think tank and experiential event in Palma, taking place tomorrow.

This event will deliver the perfect opportunity for the exclusive and high-quality VIP network to build solid relationships with the main stakeholders of the Balearics and the Balearic Marine Cluster.

Prepare yourselves for what will be an incredible event.

See you there!

22/04/2024

Touted by many as a vital part of the solution to achieving carbon neutrality, is carbon capture a panacea or a technological pipedream? …

Carbon capture, use and storage (CCUS) is often lauded as a silver-bullet solution. This is due to its capability to remove carbon dioxide from the atmosphere, making a positive contribution to achieving net zero.

However, the high costs involved, along with the relatively small quantities of carbon captured, raise questions about whether it is the solution we hope it to be.

CCUS faces challenges like high costs and weak policies and therefore the focus should be on reducing emissions rather than solely relying on CCUS.

Click here to find out more > https://bit.ly/3JboH8O

Touted by many as a vital part of the solution to achieving carbon neutrality, is carbon capture a panacea or a technological pipedream?

19/04/2024

Refitting for the inevitable future.

Feadship’s Pier Posthuma de Boer and Giedo Loeff discuss the pathways to the decarbonisation of the existing superyacht fleet…

The journey towards decarbonising the superyacht fleet has begun to take off in earnest. If we consider the entire marine sector’s goal of achieving net zero emissions by 2050, it’s fair to say that our progress so far has been slow.

While the shipping sector has made strides with infrastructure and regulations, the superyacht industry lags.

Innovative new-build projects showcase progress, with vessels like Project Zero and Project Cosmos leading the charge toward low-emission yachts.

However, retrofitting existing vessels presents a significant challenge due to their design and reliance on fossil fuels.

Feadship’s Pier Posthuma de Boer and Giedo Loeff discuss the pathways to the decarbonisation of the existing superyacht fleet.

Click here to find out more > https://bit.ly/49ykTJv

Feadship’s Pier Posthuma de Boer and Giedo Loeff discuss the pathways to the decarbonisation of the existing superyacht fleet

18/04/2024

The choppy waters of Russian Sanctions.

Guest author Paul Dickie, partner at maritime law firm Jaffa & Co, explores the issues faced in the context of the sanctions imposed following the invasion of Ukraine…

Sanctions related to Russia’s post-Ukraine invasion have sparked legal battles, raising questions about fairness and effectiveness. While aimed at discouraging certain behaviours, sanctions can impact innocent parties.

Those affected seek legal recourse, challenging decisions based on principles like due process. Recent cases in the UK highlight the complexity of sanction enforcement, affecting individuals and assets. Industries like banking and insurance also navigate reputational risks.

Sanctions within the EU vary, leading to complications in global industries like the superyacht market. Dialogue between governments and owners is crucial for resolution.

Click here to find out more > https://bit.ly/3Jlw2Cx

Guest author Paul Dickie, partner at maritime law firm Jaffa & Co, explores the issues faced in the context of the sanctions imposed following the invasion of Ukraine

17/04/2024

With exactly 1 week to go until The Balearic Superyacht Forum, the countdown is on!

This event, organised by The Superyacht Group and the Balearic Marine Cluster will bring together the right network of experts to discuss the most interesting topics around the future of the Balearics as a key Superyacht Hub.

The first-day programme includes keynotes on the state of the Balearic nautical sector, exploring island complexities, and an interactive session on biomimicry.

The day will then end with a relaxed yet lively cocktail reception at Restaurante Varadero from 20:00 to 22:00 providing attendees the opportunity to network.

The second day features keynotes on the future of refit in Palma workshops on Sustainable Development Goals and startup presentations.

The Palma International Boat Show, running from April 25th to 28th, celebrates its 40th anniversary with various activities marking the occasion.

Prepare yourselves for what will be an incredible event in Palma.

Click here for more details > https://bit.ly/3PnWsXP

See you there!

11/04/2024

The Future of The Superyacht Group.

Chairman and Editor-in-Chief Martin Redmayne outlines the opportunity to move in a new, intelligent and strategic direction following the acquisition of The Superyacht Forum…

“Having been in the industry for more than 35 years and watched the evolution of the media landscape, with various publications coming and going, information and news websites emerging and the event calendar becoming massively congested, it seems logical to pivot into a new era and focus on what we think the market still needs and expects from The Superyacht Group – serious information, respected opinions, real analysis and strategic advice.”

This transition allows The Superyacht Group to refine its focus on our information channels, The Superyacht Report and Superyachtnews, ensuring they deliver the highest quality information, opinions, analysis and insights to the industry.

For the last ten years, The Superyacht Agency has been a form of stealthy consultancy division, in the world of market forecasting, analysis, due diligence, strategy and business modelling. Operating under the radar, working for owners, investors, CEOs, CFOs, regional governments, tourist boards and financial institutions, we are excited to broaden our scope and raise our profile over the coming years to become the leading strategic consultancy, focused on the superyacht sector. ⠀

Click here to find out more > https://bit.ly/3JfeiJi

Chairman and Editor-in-Chief Martin Redmayne outlines the opportunity to move in a new, intelligent and strategic direction

09/04/2024

The Balearic brainstorm.

A discussion group with a difference…

The Balearic Superyacht Forum, scheduled for April 24th in Palma de Mallorca, aims to gather local experts, investors, and advisors to discuss the future of the Balearics as a leading superyacht hub.

As we move into the next phase of our industry, the focus is on efficiency rather than just sustainability, with topics including energy efficiency, waste reduction, and operational optimisation.

Key players in the industry, including captains, managers, and owners’ reps, will explore ways to future-proof the region by improving infrastructure and services.

Discussions will cover optimising current infrastructure, upgrading shipyards, and reducing waste in day-to-day operations.

The forum seeks to bring together local and international experts to brainstorm solutions and ensure the Balearics remain a smart and efficient hub for superyachts.

While the event is strategic in nature, participants can also expect typical Mallorquin hospitality and social activities as part of the two days!

Click here to find out more > https://bit.ly/49utahi

SuperyachtNews.com - Page not found

09/04/2024

Corporate sustainability jargon busting...

As more requirements come into effect that will directly affect the corporate world, we explain pertinent sustainability-focused terms…

Following our previous explanation of sustainability terms, and with more requirements coming into effect such as the Corporate Sustainability Reporting Directive (CSRD), Sustainability Editor Megan Hickling focuses on the corporate world and how businesses will understand, manage and set about improving their impact.

Click here to find out more > https://bit.ly/3VEZ1J9

As more requirements come into effect that will directly affect the corporate world, we explain pertinent sustainability-focused terms

08/04/2024

Class notations: a potential tool for progressing sustainability...

Class societies have a role to play in advancing the sustainable design and operation of yachts, but are they maximising their efforts?

Class societies in the maritime sector are implementing regulations to promote sustainability through supplementary Class notations. These notations cover areas like emissions management and hazardous materials inventory, aligning with IMO regulations.

The RINA Green Plus (Y) notation is an example, recognising vessel efforts beyond regulations. However, questions remain about the effectiveness and incentive for adoption. Lloyd’s Register is developing a new notation focusing on carbon positivity.

Future trends suggest more sustainability-focused notations may emerge based on industry needs.

Click here to read more > https://bit.ly/3TZSIyy

Class societies have a role to play in advancing the sustainable design and operation of yachts, but are they maximising their efforts?

02/04/2024

OUT NOW! 🎉

The Superyacht Group are proud to announce the launch of The Superyacht New Build Report 220. Our newest edition looks to discover some of the following key topics:

Are yards doing the hard yards?
- With increasing focus on the operational impacts of today’s superyacht fleet, are new-
build shipyards doing enough to improve their in-house sustainability processes, with
the clock ticking down to the looming deadline of 2030?

The Italian Jobs
- We look at how the key stakeholders in the Italian new-build market are addressing
the shrinking pool of skilled workers across their facilities and, by doing so, preserving
the legacy of the country’s tradition and innovation in the marine sector.

Arksen makes its marque
- Technical director Jim Mair and build captain Ben Bowley give the rundown on the
latest Arksen as the rugged explorer yacht awaits its maiden journey to the
Mediterranean.

Cracking the code
- The REG Large Yacht Code forms the foundation of safe construction in the new-build
sector; how will the 2024 revisions affect the sector?

Baglietto: A benchmark and beyond
- This year marks the 170th anniversary of the Baglietto brand, and with the
introduction of the new XO line of explorer yachts, the shipyard is venturing into new
territory. Here, Dario Schiavo speaks with CEO Diego Michele Deprati about the yard’s
latest product lines, its investment in infrastructure and his views on how the market
will respond given current world geopolitics.

It’s a report for a reason, driving strategies within the industry for 30 years!

Click here to read the report online > https://bit.ly/3NsKsDt

Secure your Essential Membership today if you haven’t already done so > https://bit.ly/4aaLiyF

29/03/2024

Cracking the YETI code…

Water-Revolution Foundation’s Yacht Environment Transparency Index and its scoring system to monitor a vessel’s environmental footprint…

Last year, at the heart of The Superyacht Forum’s workshop titled ‘YETI – Lifecycle Impact and Refit’ was a discussion about incorporating Water Revolution Foundation’s Yacht Environmental Transparency Index (YETI) into the refitting process.

This wasn’t just a presentation; it was a platform for exchanging innovative ideas and probing into YETI’s potential to guide sustainable yacht refit practices.

Through tools like YETI, stakeholders can quantify and improve a yacht's environmental impact during refits. Recommendations include adopting technologies like heat recovery systems and exhaust treatments.

Promoting sustainability in refits involves educating and collaborating with various stakeholders, including shipyards, yacht management, and suppliers.

The younger generation of owners is expected to drive change by prioritising environmental impact reduction and influencing industry decisions.

Shipyards play a vital role in fostering sustainability by improving their practices and promoting sustainable initiatives during refits.

Collaboration with forward-thinking shipyards can facilitate sustainability improvements at the planning stage of refit projects.

Despite some uncertainty surrounding YETI scoring and implementation, the workshop underscores the importance of education and dialogue in driving sustainability efforts in the superyacht industry.

Click here to read more > https://bit.ly/4ctAzQG

Water Revolution Foundation’s Yacht Environment Transparency Index and its scoring system to monitor a vessel’s environmental footprint

27/03/2024

Comforts at the coalface

How shipyards are mitigating the rigorous demands of refit on crew…

Superyacht refit projects pose significant challenges for crew and stakeholders, demanding clear communication, adaptability, and consideration for crew well-being.

Crew must therefore learn to adjust to working ashore in industrial settings for extended periods, facing long hours and high-pressure environments. Shipyards, however, have improved facilities and amenities to support crew during refits.

Participation in refit projects offers crew valuable opportunities for skill development, knowledge acquisition, and career advancement.

Engaging in hands-on tasks fosters a deeper understanding of yacht systems and maintenance practices. Refits also facilitate networking opportunities, potentially leading to future career transitions.

Captain Kelly Gordon emphasizes the importance of a proactive approach from the crew, encouraging them to embrace challenges and expand their skill sets during refit projects.

Successful refit projects require collaboration, flexibility, and a commitment to crew well-being.

Click here for more > https://bit.ly/4cCZsd4

How shipyards are mitigating the rigorous demands of refit on crew

26/03/2024

🚨 The Superyacht Group Announcement…

RAI Amsterdam acquires The Superyacht Forum!

As The Superyacht Group enter a new era that reinforces our expertise as industry consultants through intelligence, marketing, bespoke events and independent journalism, we are beyond excited to continue what we do best and commend full responsibility for the ex*****on of The Superyacht Forum to the RAI Amsterdam.

Martin Redmayne, our Chairman and Editor in Chief, will continue to work alongside the Forum as a strategic consultant and The Superyacht Group will remain the Founding Partner.

“After 30 years, it’s time for a new phase. The Superyacht Forum is in good hands with RAI Amsterdam,” says Redmayne.

Whilst we are stepping aside from overseeing The Superyacht Forum at the RAI, we will continue to deliver sector-specific events such as The Captain’s Forum with YARE in Viareggio, The Balearic Superyacht Forum in collaboration with Balearic Marine Cluster in Palma and more bespoke events such as The Value of the Lawyer with law firm Clyde & Co.

Click here to find out more about the changes to The Superyacht Forum! > https://bit.ly/3vw2uir

SuperyachtNews.com - Page not found

26/03/2024

A new era of crossover design…

Shipyards at full capacity until 2026-2027, record sales, new shipyards opening, but where is the market going? What is it demanding?

The Superyacht Group spoke with Michele Dragoni, founder of Dragoni Design Lab, a design studio specialising in both exterior and interior yacht design, about where the market is heading.

The current yacht market is marked by disparities between large and small yards, with limited capacity in smaller yards leading to longer lead times due to resource constraints.

Major Italian shipyards primarily focus on series production, creating difficulties in securing build slots for custom yachts. As a result, there's a growing preference for series products, particularly fibreglass hulls, due to shorter construction times.

This trend is fuelled by customers' desire for quicker delivery and increased customisation options.

The market is also witnessing a shift towards more sophisticated and personalised designs, moving away from standard features. The emergence of crossover designs, blending various yacht types, reflects a trend towards design flexibility and diversification.

Therefore, supply challenges are reshaping the market, favouring mass-produced products with fibreglass hulls and high customisation levels.

Click here to read more > https://bit.ly/4a6f332

Interview with Michele Dragoni of Dragoni Design Lab about future trends in the market