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New Superyacht Village and Marina to Debut at FLIBS 2019
07 May 2019

New Superyacht Village and Marina to Debut at FLIBS 2019

New Superyacht Village and Marina to Debut at FLIBS 2019: The 2019 Fort Lauderdale International Boat Show (FLIBS) will unveil a brand new Superyacht Village at Pier 66 south. Already the largest in-water boat show in the world, the new marina and exhibition space will expand FLIBS to over 3 million square feet in 2019. The show will celebrate its 60th anniversary in 2019 and attracts more than 110,000 yachting and boating enthusiasts from 52 countries each year. Pier Sixty-Six Hotel & marine will host the new Superyacht Village at its “Pier South” property, adjacent to the southeast corner of...

EU Tariffs on US-Built Yachts Offering More Options But Less Flexibility
03 May 2019

EU Tariffs on US-Built Yachts Offering More Options But Less Flexibility

EU Tariffs on US-Built Yachts Offering More Options But Less Flexibility: When the European Union announced a 25 percent tariff on US-built yachts entering its waters in 2018, the move caused a wave of anxiety throughout the industry. The move wasn’t immediately felt, however, as many yachts had already entered EU waters when the tariffs came into effect last June. While the Mediterranean remains the preferred cruising grounds for superyachts, with 71% of charters sailing there, the umber of U.S.-built yachts is not remarkably large. Yet, 2019 is a different story as the tariff’s impact on the charter market and...

Superyacht Valkyrie Concept Brings Luxury to a New Level
30 April 2019

Superyacht Valkyrie Concept Brings Luxury to a New Level

Superyacht Valkyrie Concept Brings Luxury to a New Level: The sleek and modern design of the new luxury giga yacht concept Valkyrie delivers a yachting experience like no other. At 229 meters this yacht from Chalhun Design has a streamlined appearance yet is packed with amenities. The Valkyrie’s hull and superstructure are chrome colored, with dark glazing covering multiple floors to create a svelte stern, enshrouding the large open areas with flowing forms. Extensive glazing curves down the aft of the topmost four decks, creating 180-degree views in all weather conditions. The exterior styling features three extensive foredecks making it...

Russian Billionaire Orders 77m Superyacht Ice Breaker from Damen
26 April 2019

Russian Billionaire Orders 77m Superyacht Ice Breaker from Damen

Russian Billionaire Orders 77m Superyacht Ice Breaker from Damen: Oleg Tinkov, a Russian banker whom Forbes has estimated has a net worth of $2.3 billion, has order a 77-meter icebreaker yacht from Damen Shipyards to be called La Datcha. The yacht, with delivery planned for autumn 2020, will become the first private luxurious icebreaker in Damen’s SeaXplorer series. The Dutch shipyard is building the explorer as part of Tinkov’s luxury recreational project, also named La Datcha that will provide holidays in ultra high-end destination. La Datcha will be available for charter at price starting at €690,000 per week. Reportedly, Microsoft...

Superyacht Galactica Star for Sale in Judicial Bid Arrangement
18 April 2019

Superyacht Galactica Star for Sale in Judicial Bid Arrangement

Superyacht Galactica Star for Sale in Judicial Bid Arrangement: 65-meter superyacht Galactica Star, embroiled in a legal dispute between the U.S. and Nigerian governments, has been placed for sale in a 45-day judicial sealed bid arrangement that will end on May 19. The Heesen-built superyacht has been detained in the United States since last June, following allegations that her owner purchased her using misdirected profits from the sale of oil in Nigeria. Her owner, Kolawole Aluko, a Nigerian energy magnate, is one of four defendants linked to former Nigerian petroleum minister Diezani Alison-Madueke accused of owing the Nigerian government nearly...

Tankoa Expands Shipyard and Superyacht Lines
16 April 2019

Tankoa Expands Shipyard and Superyacht Lines

Tankoa Expands Shipyard and Superyacht Lines: In a move to compete with northern European shipyards Tankoa Yachts has appointed Giuseppe Mazza as its new sales and business manager. Formerly sales manager for Mangusta Yachts, Mazza will support Tankoa’s expansion plans already in progress. Part of the shipyard expansion includes the building of new custom superyachts, as announced at the 2018 Monaco Yacht Show. Mazza’s enthusiasm for his new position will bring the already growing shipyard to the next level in the superyacht industry. In this new role, he plans to grow Tankoa’s reach into new markets, trading with the United...

Superyacht Luna Owner Russian Oligarch Farkhad Akhmedov Retains Ownership
12 April 2019

Superyacht Luna Owner Russian Oligarch Farkhad Akhmedov Retains Ownership

Superyacht Luna Owner Russian Oligarch Farkhad Akhmedov Retains Ownership: The $436 million superyacht belonging to a Russian billionaire as been released by a Dubai court after being impounded last year as part of one of the world’s costliest divorce battles. Originally, Russian oligarch Farkhad Akhmedov was ordered by the London High Court in 2016 to pay his ex-wife, Tatiana Akhmedova, approximately 40% of his fortune in one of the largest divorce settlements in history. Akhmedov, however, failed to pay the $594 million divorce settlement, causing the London court to grant a worldwide freezing order of his assets, under which is...

91.5 Meter Superyacht Equanimity Sold!
09 April 2019

91.5 Meter Superyacht Equanimity Sold!

91.5 Meter Superyacht Equanimity Sold!: The saga of the seized superyacht Equanimity appears to finally be over. An admiralty court in Kuala Lumpur has approved the Malaysian governments sale of the 91.5-meter Oceanco-built yacht for $126 million to Genting Malaysia Bhd, a destination resort business. The money for the yacht must be paid by the end of the April for the sale to become official. Equanimity was caught up in the misappropriation of $3.5 billion from the sovereign wealth fund 1Malaysia Development Berhard (1MDB), masterminded by disgraced businessman Low Taek Jho, who allegedly used money from the fund to buy...

Palumbo Readies 80m Superyacht Dragon for Launch
08 April 2019

Palumbo Readies 80m Superyacht Dragon for Launch

Palumbo Readies 80m Superyacht Dragon for Launch: Palumbo superyachts has rolled out the Columbus Classic motor yacht Dragon from its construction shed at the Italian yard’s Ancona facility in preparation for launch. Measuring 79.9 meters, the superyacht is due for delivery later this year. Hydro Tec is responsible for her exterior design, naval architecture and general arrangement, while Francesco Guida Design penned her interiors of the 2,100 GT vessel. Sold in November 2016, the five-deck Dragon is the largest superyacht ever produced by Palumbo. She features a steel hull and aluminum superstructures with a flush foredeck and full-beam upper decks....

Lürssen Launches 136m Superyacht Flying Fox
03 April 2019

Lürssen Launches 136m Superyacht Flying Fox

Lürssen Launches 136m Superyacht Flying Fox: Formerly known as Project Shu, the latest superyacht by Lürssen, now called Flying Fox, has been delivered and has made her maiden voyage from Bremen, Germany to Stavanger, Norway. Launched in December 2017, Flying Fox features the work of designer Espen Øino for the exterior and Mark Berryman for interior styling. Flying Fox has a beam of 20.5 meters and an LOA of 136 meters. The superyacht has two helicopter pads with the capacity to accommodate some of the largest civil helicopters in the sky. One pad is situation on the sun deck and...

Oceanco’s Latest Superyacht Design Unveiled
02 April 2019

Oceanco’s Latest Superyacht Design Unveiled

Oceanco’s Latest Superyacht Design Unveiled: A 105-meter design that incorporates diesel-electric propulsion and is designed for extensive cruising to remote regions, such as the North and South Poles, has been revealed by Oceanco. The Dutch shipbuilder has created a high-tech boat that is a blend between an expedition vessel and a sophisticated superyacht. Created in collaboration with designer Timur Bozca, stylist Gina Brennan, Lateral Naval Architects and engineering and yacht expedition travel company Pelorus, superyacht Esquel features a displacement hull and a plumb bow. The concept is named after a meteorite made of metal and crystals found near a town...

Heesen Reveals New 50m Superyacht
01 April 2019

Heesen Reveals New 50m Superyacht

Heesen Reveals New 50m Superyacht: The first vessel in the new 5000 Aluminum Class superyacht by Heesen Yachts has been revealed. Designed by the Dutch shipyard’s in-house team in collaboration with Van Oossanen Naval Architects, the project bears the name Aquamarine. Aquamarine has already undergone computational fluid dynamics and optimization of its hull shape. A model of the new project has also bee tested in a towing tank in Southampton, England. The hull’s composition reportedly as an efficiency gain of 12%, achieve by raising the yacht’s transom and incorporating propeller tunnels into the hull. The superyacht projects raised propellers result...

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