Candles lit and left unattended in a yacht’s VIP suite caused a fire that resulted in the total loss of the vessel and $480,000 in damage to a Miami marina...

by Giulia Segreti (Reuters) – Luxury yacht maker The Italian Sea Group said on Friday it completed its initial public offering (IPO), setting a price of 4.90 euros per share,...

by Cristina Carlevaro (Reuters) – Perini Navi majority shareholder Fenix said on Tuesday it had signed a binding agreement with private equity firm Clessidra and another investor to relaunch the Italian...

by Kevin Varley (Bloomberg) –Forget Spain for a summer holiday overlooking the Mediterranean Sea. Croatia and Turkey are the up and coming destinations for international super-yachts. With some European countries...

(Bloomberg) — Billionaires are the only plausible buyers of the 112-meter superyacht concept Aqua, given its reported 500 million pound ($650 million) price tag. But contrary to a media report...

By Benjamin Stupples (Bloomberg) –Gazing across the sun-dappled harbor in Monaco, even the fathomlessly rich might get the feeling that some people have more money than they know what to...

The big story from over the weekend was without question the loss of the 40-meter sailing yacht MY Song in the Mediterranean Sea after the superyacht fell from the deck...

New York-headquartered Derecktor Shipyard has signed a long-term agreement with Fort Pierce and St. Lucie County in Florida to develop and operate the nation’s first maintenance, repair and refit yards...

KUALA LUMPUR, April 3 (Reuters) – Malaysia will sell a superyacht allegedly bought with stolen funds from state fund 1MDB to casino operator Genting Malaysia Bhd for $126 million, in...

By Devon Pendleton (Bloomberg) — Sailing from port to port in peace and seclusion on a multimillion-dollar boat sounds appealing, but as any seasoned yacht owner can tell you, just cruising around...

Derecktor Shipyards has been chosen develop and operate the first purpose-built megayacht repair and refit yard in the United States located in Fort Pierce, Florida. The yet-to-be-built yard will be...

The 332-foot megayacht Attessa IV was involved in a collision with a 65-foot sport fishing vessel off the coast of Southern California near the U.S.-Mexico border on Friday night, resulting...

By Jonathan Browning (Bloomberg) — A London court ordered the seizure of a luxury $492 million yacht owned by a Russian billionaire as judges sought to enforce one of the...

Check out this GoPro video shot by the Hellenic Coast Guard during a 2012 rescue of 8 crew members from the sinking superyacht Yogi. We actually covered this incident way...

by Nikki Ekstein (Bloomberg) It takes a lot of good business to be able to afford a megayacht. But owning one is very, very bad business, according to Aaron Simpson,...

At 107-meters long and rumored to cost over $100 million, New Zealand businessman Graeme Hart can probably boast that he has one of most badass super yachts on the planet....

In his first appearance on “Late Night with David Letterman,” presidential candidate Donald Trump talks about his purchase of a superyacht from the Saudi Arabian arms dealer Adnan Khashoggi, one of...

Aerial footage of DYT Yacht Transport’s semi-submersible yacht carrier Super Servant 4 loading vessels using the float-on/float-off method in Le Marin, Martinique, a French island in the eastern Caribbean.  DYT Yacht Transport is part of Dockwise...

Norwegian shipyard Kleven Verft on Saturday celebrated the launch of its build no. 370 today, a 116-meter long Expedition Support Vessel for New Zealand businessman Graeme Hart. This is the...

By Mark Ellwood (Bloomberg) — Floating amid mega-yachts in Monte Carlo’s crowded harbor during the May 2015 Monaco Grand Prix was a startling sight: Windstar’s 212-passenger Star Breeze cruise liner....