Ferretti New Order Book Touches $510Mln
The Ferretti Group announced that it has gained new orders worth $510.1 million (465 million euros) during the first nine months of the year, up 18 percent compared to the same period in 2018.The Italian boatbuilder said in a press statement that its Wally brand helped increase its order book. It also signed contracts for 16 coastal patrol boats in its Ferretti Security Division."These positive results have benefited from the launch of five new models under our Riva, Pershing…
IPO Expected for Italian Yacht-Maker Sanlorenzo
Italian motor yacht maker Sanlorenzo aims to list on the Milan Stock Exchange at about the same time as the rival Ferretti Group, with an initial public offering (IPO) expected to be launched as early as the second half of October, two people familiar with the matter said on Wednesday.The group is controlled by Italian entrepreneur Massimo Perotti through a family holding which bought back shares from third party investors in the recent years.The group plans to issue a mix of existing and new shares, targeting a free float of about 35%, one of the sources added.Sanlorenzo has picked Unicredit, Banca Imi and Bofa Merrill Lynch as global coordinators for its IPO.
W/Yachts to Market Ferretti Yachts
Italian multinational shipbuilding company Ferretti Group expands its presence in Europe and announces a new dealership agreement with W / Yachts, that will dedicate itself to the exclusive marketing of Pershing and Ferretti Yachts brands in Poland.The partnership will allow the Group to further consolidate the coverage of the assistance network in Eastern Europe, guaranteeing a full service to the shipowners of the region, starting from the order time to the post-sales.“This agreement is another important step in our ambitious process of strengthening and expanding our business.
Riva Launches 50m Superyacht
The new flagship, named “Race” by its owner, took to the seas in a ceremony at the Riva Superyachts Division shipyard in Ancona."Riva 50 mt realises the dream of Carlo Riva who, in the 1960s and ‘70s, driven by his brilliantly ambitious desire to exceed every limit, created the famous Caravelle and Atlantic series steel motor yachts of which Riva 50 mt is the worthy heir, with her peerless standards of aesthetics, style and innovation," said press release.At 50 meters long and with a maximum beam of 9 meters…
CRN Launched New Megayacht
Part of the Ferretti Group of luxury yacht brands, superyacht builder CRN has launched the M/Y 135, the new fully custom steel and aluminium megayacht.Over a thousand people were there to witness the occasion at an elegant private ceremony, where the majestic personality of this magnificent ship took centre stage, to the delight of all who have worked to design and build her, claimed a press release.The yacht is 79 metres long and with a beam of 13.50 metres. "Her sleek lines catch the eye, crisply emphasized by the smooth profile of her hull.
Pershing Splashes Flagship Superyacht
Pershing has announced the launch of its first aluminium superyacht, the flagship Pershing 140.The 42.53m yacht hit the water in the Ferretti Group's Super Yacht Yard in Ancona, a facility specializing in building steel and aluminium superyachts above 40 metres, said a press release from Pershing Yacht, a Ferretti Group unit."Born from a collaboration between architect Fulvio De Simoni, the Ferretti Group Product Strategy Committee led by engineer Piero Ferrari, and the Group's Engineering Department…
Ferretti strengthens Middle East Presence
Ferretti Group, player in the international boating industry, Group aims to further strengthen its position with the start of a new partnership with Ocean 360.Ferretti considers the Middle East market as an excellent breeding ground for high-end motor yachts. Through this agreement, Ferretti wants to give a boost to the marketing of its boats and brands in the United Arab Emirates, Oman, and Egypt.The strategic move is destined to strengthen the Italian yachts producer’s position in the Middle East…
Fincantieri, Ferretti Group join forces
Fincantieri and Ferretti Group today announced they have signed a wide-ranging co-operation agreement , with the aim of developing industrial and commercial synergies between the world's two leading Italian companies in their respective sectors. The announcement was made during the show IDEX-NAVDEX of Abu Dhabi , one of the most important international exhibitions dedicated to the defense and security sector. The MoU refers to both the defense and security sector and to the yacht building. In both sectors the skills and expertise of the two great Italian groups are complementary and synergistic and understanding of collaboration opens up many possible scenarios.
Chinese Customer Signs Up for CRN Megayacht
CRN say they have signed a Letter of Intent (LOI) with a Chinese client for a 68 metres superyacht, the biggest vessel ever sold by CRN and Ferretti Group in China. The historic Italian shipyard of Ancona, part of Ferretti Group, which specialises in the construction and sale of fully-customised displacement megayachts, ranging from 40 to 90 metres in length, will build the new vessel. The 68 metres in length and 12.50 metres in breadth megayacht, to be built of steel and aluminium, is designed by Zuccon International.
Italian Yachbuilder WIns Chinese Boatshow Award
The Ferretti 570 wins award as best motor yacht below 60 ft in length at the 2012 Xiamen International Boat Show. The prestigious Chinese Yachting Industry Award was awarded to the Ferretti 570, which was recognised as the Best Motor Yacht in the category below 60 feet in length. Moreover, Speedo Marine - the local dealer with whom the Ferretti Group displayed an Altura 840 during the Xiamen Show - was selected as the best dealer on the Chinese market. Moreover, Speedo Marine…
RINA Updates GREEN PLUS Notation
RINA updates GREEN PLUS notation to cover transhipment terminals. International classification society RINA has updated its industry-leading GREEN PLUS notation to include new potential sources of pollution involving seagoing ships and ships operating at fixed locations. GREEN PLUS is awarded to new vessels that make a significant investment in design solutions, onboard equipment and operational procedures which contribute to an improvement in environmental performance beyond the minimum levels required by regulation.
Kennedy Joins Moore Stephens Brokers Ltd.
Moore Stephens Brokers Limited, a source of general insurance products tailored for Superyachts, has appointed Kathy Kennedy as its new executive vice president it was announced today. She will be based in the USA. A US based yachting industry veteran, Kathy most recently worked with the Ferretti Group on North American market development and with Derecktor Shipyards as director of marketing during the M/Y CAKEWALK build. - jewellery.
Meet the Wider 42 - Commercial
A planning boat that is light, fast and economical, yet has the usable deck area of a boat twice it’s size and the stability of a trimaran! Sounds too good to be true, well that was my initial reaction until I attended the Press launch in Italy of the “transformer” Wider 42. I call it transformer because that’s what it does. It can plane at speeds over 50 knots and when it stops, by pressing a button, in 12 secs it transforms the cockpit deck into an are twice its size. To ensure stability, two sponsons, one each side slide out from the hull to increase stability.