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

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

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

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

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

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

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

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

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

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

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

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

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

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

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,

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

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

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

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

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