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Luxury Yacht

Yacht Crew Agency Launched by NGY

Neptune Group Yachting (NGY), a luxury yacht charter agency, launches Neptune Crew Placement Division. Julia Haines-LaPenta has been named Director of Crew Placement for Neptune Crew. The agency is accepting applications from all professional yacht crew, ranging from day workers and entry-level deckhands to chief engineers, chief stews and captains. For more information, contact Julia Haines-LaPenta at or call 954.524.7978. "Over the years, we have received dozens of requests from yacht owners and captains asking us to help them find top-notch crew members who not only have the requisite skills and certifications, but also excel at the all-important hospitality side of yachting," said DJ Parker, President of Neptune Group Yachting. "With Julia Haines-LaPenta, a highly experienced superyacht chief stew, at the helm, Neptune Crew now lets us offer dedicated crew placement services – in addition to charter marketing, management, consulting and brokerage services – to the owners and captains of yachts in our NGY Charter Fleet as well as other clients. Neptune Crew also serves as a natural bridge between Neptune Group Yachting's luxury yacht vacations agency and our Neptune Group crew accommodations business." "Working as part of the crew on these large yachts has given me firsthand experience in what it takes to be a great yacht crew member and charter vacation host," said Haines-LaPenta

Gulf Craft to Invest $100m in Dubai Shipyard

Photo courtesy of Drydocks World

Company plans to invest $100 million over the next five years in the development of a new shipyard in Dubai Maritime City to build a global luxury yachts manufacturing facility Dubai Maritime City (DMC), a maritime cluster in Dubai, today announced an agreement with Gulf Craft to invest in a free hold plot located within the marine district of DMC, on an area of approximately 900,000 square feet. According to DMC, Gulf Craft plans to make a $100 million investment in developing this

MAN B&W Engines on Record Course

MAN B&W Diesel have been selected to power an attempt for a high-speed water record. The company’s engines powered the vessels that broke the transatlantic record and won the Blue Riband in 1990 and 1998. Today the company is involved in the production of the fastest megayacht in the world. Two 18-cylinder MAN B&W Diesel VP185 engines are being supplied for a new mega yacht that will attempt the unofficial speed record for large motor yachts: a maximum speed of over 70 knots has been

CMA CGM Shipped 17,000 Tons of Goods for the Rio Olympics

Photo: IOC

Before the Olympic flame was lit in the Maracanã stadium on Saturday, August 6, worldwide shipping group CMA CGM had transported thousands of containers of goods and equipment to Rio, having begun its shipments for the 2016 Olympic Games in December 2015.   From perishable goods in refrigerated containers, to vegetables, luxury yachts, pharmaceutical products, industrial equipment and even safety barriers for the track cycling event

Headhunter, 8 New Approvals for Sewage Treatment

Headhunter, specialists in plumbing and sanitation for the luxury yacht and commercial marine industries, has received eight certificates of approval for new models in its Tidal Wave HMX sewage treatment plants, the first to be approved according to the new, more stringent performance standard set by the United Nations International Maritime Organisation (IMO). The Environmental Protection Committee (MEPC) adopted the new resolution MEPC 159(55) in 2006

Institutional Part in Fincantieri IPO Still Not Fully Covered

Fincantieris Ancona yard (Photo courtesy of Fincantieri)

The part reserved to institutional investors in the initial public offering of Italian shipbuilder Fincantieri was still not fully covered as of Wednesday evening, two sources close to the matter said on Thursday. The company is likely to increase the percentage of shares it has reserved for retail investors which have shown big interest in the IPO so far, the sources added. "There's been very good demand from retail investors..

Palmer Johnson Introduces Sport Yacht Series

By Larry Pearson Palmer Johnson, luxury yacht builder, has a new president and is introducing a new line of sport yachts. Mike Kelsey, Jr. was elected president of the Sturgeon Bay, Wisc. yacht builder in June 2004. Kelsey's grandfather, Patrick Haggerty, founder of Texas Instruments, purchased the yard in 1961. Kelsey's father Mike Kelsey, Sr. immediately went to work for Haggerty and passed the knowledge of fine yacht building down to his son.

Satellite Hub Sale By VT iDirect Expands Maritime Coverage

New hub to support increasing demand from oil & gas customers in Africa & extend coverage to mega-yacht owners in the Mediterranean and Atlantic. VT iDirect, Inc. (iDirect), a company of VT Systems, Inc. (VT Systems), announce that SkyStream FZ LLZ, a Dubai-based satellite service provider, has purchased an iDirect Series 15100 Universal Satellite Hub to extend and enhance the availability of its coverage for luxury yacht owners.

Super Yacht Bursts into Flames

Image from Youtube video

 The GBP4million super yacht Princess 95 Queen Anna has been destroyed after it went up in flames in Turkey.   The 90-foot superyacht yatch was completely gutted by the blaze in Ege Saray marina in Fethiye on Thursday.   Smoke then completely engulfed the vessel and there were fears the flames could spread to other luxury yachts docked in the marina.    The yacht is  owned by a wealthy Russian businessman, who had docked it in the Turkish resort of Mugla

Megayacht Launched from Cargo Ship in Turkey

HHL Valparaiso lifting the 900 metric ton and 63.1 meter long megayacht M/Y Irimari into the sea (Photo: HANSA HEAVY LIFT)

Cargo ship HHL Valparaiso’s two 700 ton cranes have lifted a new luxury yacht built by Sunrise Yachts from the dock to the sea for its world premiere in Antalya, Turkey.   HANSA HEAVY LIFT has used two of its on-board cranes, which have a combined lifting capacity of up to 1,400 metric tons to maneuver the 900 metric ton and 63.1 meter long megayacht M/Y Irimari into the sea.   “This was a very sensitive heavy lift operation that required special engineering expertise

“Ottantacinque” Wins German Design Award

Render-Courtesy Fincantieri Yachts

“Ottantacinque”, the concept of the latest-generation luxury mega yacht developed in partnership between Fincantieri Yachts and Pininfarina, introduced last year at the Monaco Yacht Show, won the prestigious annual award of the German Design Council in the category

ALMACO to Build Cabins, Galleys for Rhine Class Ships

Image: ALMACO Group

German shipyard MV WERFTEN has awarded ALMACO Group a contract to build the luxury suites and galley areas for Crystal River Cruises’ four Rhine Class luxury river yachts, which will be delivered in 2017 and 2018 from Wismar.   

MN100: MAN Engines & Components

(Photo: MAN Engines & Components)

The Company: MAN Engines and Components develops, produces and sells a wide range of efficient diesel and gas engines for extremely varied applications in many industries.    Primary Product / Service: MAN offers a wide range of high-speed four stroke diesel engines for commercial

Hammond New International Sales Manager, Fairline Yachts

Robert Hammond

British luxury motor yacht manufacturer, Fairline Yachts, announces Robert Hammond as its new International Sales Manager. Robert will be responsible for Fairline's global sales operations and managing its worldwide dealer network.   A former military pilot, Robert

MV WERFTEN, Foreship Sign Design Agreements

Signing Endeavor

MV WERFTEN signed a letter of intent with the engineering company Foreship in Stralsund today. The agreement includes parts of the basic design as well as design, purchasing and production assistance of the “Endeavor” class luxury expedition yachts

First Damen SeaExplorer Sold

SeaXplorer at Antartica Photo Courtesy Damen

AMELS and DAMEN have sold the first DAMEN SeaXplorer expedition yacht. The world premiere of this range of 65, 90 and 100-meter ‘true explorer’ designs took place last September at the Monaco Yacht Show. The SeaXplorer 65 is a crossover between professional technology and superyacht

Dubai Eyes 1 Million Cruise Tourists

Mina Rashid. Photo by DP World

 Dubai plans to build a marina for luxury yachts in response to high demand as the emirate is targeting one million cruise passengers per year by 2020, said Sultan Ahmed bin Sulayem, Chairman and CEO of DP World and Chairman of Ports, Customs and Free Zone Corporation.  

Elandra Yachts Expands, Launches Finishing Department

Luke Durman and Tom Barry-Cotter (Photo: Elandra Yachts)

Elandra Yachts has added another layer of craftsmanship to its boat-building operation with the launch of a new in-house paint department at the Gold Coast plant, signalling further growth for the Australian luxury motor yacht brand. Renowned for the range of spectacular bronzed and golden hues

MarineMax Expands into Yacht Management, Placement, Chartering

Bill McGill, MarineMax President and CEO Photo MarineMax

At a special press event held at the Palm Beach International Boat Show, MarineMax announced today that they are expanding into yacht management, crew placement and charter of luxury megayachts.  Bob Saxon Associates, has joined MarineMax as part of the new endeavor that will be headquartered

New Marina for Luxury Yachts at DP World's Rashid Port

Image: DP World

 DP World has announced plans to build a new marina for luxury yachts at Port Rashid in Dubai.   The project comes in response to an increased demand for luxury yachts. Tenders for construction will be invited soon.   The first phase of the project is scheduled to open by 2018

Tetrahedron Super Yacht Can 'Levitate'

Image:  Jonathan Schwinge

 London-based architect Jonathan Schwinge designed the pyramid-shaped yacht called the Tetrahedron Super Yacht.    Billed as aviation on the sea, the radical concept from a London-based architect flips traditional yacht design on its head with a complete rethink.  

Italian Yacht Maker Ferretti Creates Defence and Security Unit

Italian luxury yacht builder Ferretti, owned by Chinese industrial conglomerate Weichai Group, has created a new unit to build boats for the patrol and defence of international waters, lands and coastlines, it said on Wednesday.   Ferretti Security and Defence (FSD) will design

Russians to Acquire Fairline Boats

Photo: Fairline Boats Limited

 Crisis-hit yacht manufacturer Fairline Boats has been saved after the firm was bought by two Russian investors.    A new company, Fairline Acquisitions, funded by two UK-based Russian investors with a background in the marine sector

KVNR Recognizes KOTUG for Hybrid Tugs

Photo: KOTUG

The Royal Association of Netherlands Shipowners (KVNR) has awarded its Shipping Award to Netherlands-based towage operator KOTUG for its next-generation ART80-32 Hybrid Rotortugs. The award was presented during the 10th Dutch Maritime Awards Gala in Rotterdam by Tineke Netelenbos

Grand Banks Yachts Swings Back into Black

Photo: Grand Banks Yachts

 The builder of luxury yachts Grand Banks Yachts swung to a net profit of $1.2 million for the first quarter ended Sept 30 compared to a net loss of $1.3 million for the year-ago period.   Following restructuring efforts after a major acquisition, gross profit margin increased to 24

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