Tuesday, January 4, 2022
Cruise Ships

Saudi Superyacht Dispute Pits Credit Suisse Against Gulf Prince

By Ellen Milligan (Bloomberg) — Credit Suisse Group AG is pursuing a Saudi prince in court, alleging he failed to repay the bank around $78 million

January 4, 2022
Total Views: 16557

Sunday, December 26, 2021
Maltese Falcon SuperYacht Ibiza
Shipyard

Bankrupt Luxury Yacht Yard Perini Navi Sold At Auction

Maria Pia Quaglia (Reuters) The Italian Sea Group said on Wednesday it had bought bankrupt luxury yacht maker Perini Navi for 80 million euros ($91 million) in

December 26, 2021
Total Views: 20393

Saturday, November 27, 2021
Shipbuilding

Superyacht Owners Have The Means To Act On Climate Change If They Choose To

By Thomas Gualtieri Nov 27, 2021 (Bloomberg) –There are some things that even billionaires in their superyachts can’t escape. The floating

November 27, 2021
Total Views: 1750

Monday, November 8, 2021
damen yacht support vessel
Shipbuilding

The Billion Dollar Superyacht Business Is Booming

By Corina Pons (Reuters) – When Chinese billionaire Jack Ma took a trip to Spain’s Mallorca island last month, much was made of it being his first

November 8, 2021
Total Views: 5715

Thursday, September 9, 2021
Andiamo yacht fire
Accidents

Unattended Candles and Inoperable Fire-Detection System Led to Total Loss of $6.3 Million Yacht -NTSB

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

September 9, 2021
Total Views: 13857

Saturday, June 5, 2021
italian-sea-group-lift
Shipbuilding

Italian SuperYacht Stock Launches IPO

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

June 5, 2021
Total Views: 9326

Wednesday, April 28, 2021
Maltese Falcon SuperYacht Ibiza
Shipyard

Private Equity Bails Out Famed Italian Superyacht Yard

by Cristina Carlevaro (Reuters) – Perini Navi majority shareholder Fenix said on Tuesday it had signed a binding agreement with private equity firm

April 28, 2021
Total Views: 5051

Wednesday, August 19, 2020
News

Forget Spain. Superyachts Are Sailing To Croatia and Turkey

by Kevin Varley (Bloomberg) –Forget Spain for a summer holiday overlooking the Mediterranean Sea. Croatia and Turkey are the up and coming destinations

August 19, 2020
Total Views: 65

Monday, February 10, 2020
Maritime News

Ship Designer Denies Selling Hydrogen-Powered Yacht to Bill Gates

(Bloomberg) — Billionaires are the only plausible buyers of the 112-meter superyacht concept Aqua, given its reported 500 million pound ($650 million)

February 10, 2020
Total Views: 82

Friday, October 4, 2019
superyacht
Maritime News

How to Get Super Rich Selling Superyachts

By Benjamin Stupples (Bloomberg) –Gazing across the sun-dappled harbor in Monaco, even the fathomlessly rich might get the feeling that some people have

October 4, 2019
Total Views: 1149

Tuesday, May 28, 2019
MY Song superyacht
Accidents

Superyacht MY SONG Lost from Cargo Ship During Transport

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

May 28, 2019
Total Views: 535

Thursday, April 18, 2019
Derecktor Shipyard Dania Beach
Maritime News

Derecktor Confirms Deal to Develop First Purpose-Built Megayacht Yard in United States

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

April 18, 2019
Total Views: 12

Wednesday, April 3, 2019
superyacht Equanimity
Maritime News

Genting to Purchase 1MDB-Linked Superyacht for $126 Million

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

April 3, 2019
Total Views: 106

Monday, March 25, 2019
damen yacht support vessel
Maritime News

The Super Rich Are Buying $50 Million ‘Support’ Yachts to Haul Their Toys

By Devon Pendleton (Bloomberg) — Sailing from port to port in peace and seclusion on a multimillion-dollar boat sounds appealing, but as any

March 25, 2019
Total Views: 2261

Tuesday, November 20, 2018
Derecktor Shipyard Dania Beach
Maritime News

Derecktor Selected to Operate New Megayacht Shipyard in Fort Pierce, Florida

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,

November 20, 2018
Total Views: 22

Monday, October 29, 2018
attessa iv
Accidents

Megayacht Attessa IV Involved in Fatal Collision with Fishing Vessel Off Southern California

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

October 29, 2018
Total Views: 260

Thursday, April 19, 2018
luna megayacht
News

Russian Billionaire to Lose $492 Million Expedition Yacht in Divorce

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

April 19, 2018
Total Views: 148

Friday, August 4, 2017
Interesting

GoPro: Hellenic Coast Guard Rescues Crew from Sinking Superyacht

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

August 4, 2017
Total Views: 64

Thursday, March 16, 2017
quintessentially-one-mega-yacht
Maritime News

How To Sail Aboard The World’s Biggest Megayacht

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

March 16, 2017
Total Views: 11

Friday, September 23, 2016
News

Here’s What Life is Like Aboard a 107-Meter Expedition Yacht

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

September 23, 2016
Total Views: 1206