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Superyacht

Custom Line launches first all-aluminium yacht

The first all-aluminium yacht by Custom Line has hit the water at the Ferretti Group Superyacht Yard in Ancona, Italy. The launch was celebrated with a private ceremony attended by shipyard representatives and the owner’s family. Custom Line 50 M/Y Asante is a new entry in the metal yacht segment under 500 GT and is […]

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Superyacht

Overmarine Group announces death of Giuseppe Balducci

Overmarine has announced the death of its founder and president, Giuseppe Balducci. Born in Limite sull’Arno in 1937, Giuseppe Balducci moved to Viareggio as a child. At aged 16 he started work as an electrician in the Picchiotti shipyard where he remained until 1971, when the shipyard went bankrupt. In 1971 he founded Elettromare, which […]

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Superyacht

Venice Boat Show: Wider premieres WiderCat 92

Italian yacht builder Wider has showcased its hybrid WiderCat 92 catamaran at the Venice Boat Show, which began yesterday (29 May 2024) and runs until Sunday (2 June 2024). The Italian premiere of the first WiderCat 92 unit is billed as a ‘special preview’ ahead of the 28-metre multihull’s global debut at the 2024 Cannes […]

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Maritime, Commercial & Defence

Edge and Fincantieri formalise Abu Dhabi-based shipbuilding JV

Edge, one of the world’s leading advanced technology and defence groups, and Fincantieri, one of the largest shipbuilding companies in the world, have signed an agreement formalising the launch of Maestral an Abu Dhabi-based shipbuilding joint venture (JV) between both companies. The JV, which was first announced in February of this year, will capitalise on […]

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Leisure Marine Superyacht

Ferretti Group officially opens refurbished Riva shipyard

Ferretti Group officially opened its Riva shipyard in La Spezia in a ceremony attended by Chairman Tan Xuguang and CEO Alberto Galassi on Friday (17 May). Also in attendance were local authorities and a delegation from Weichai, the Ferretti Group’s longstanding shareholder.  The refurbishment covered both the production and management sections of the shipyard in […]

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Superyacht

First Admiral Quaranta motor yacht sold

The Italian Sea Group (TISG) has sold the first Admiral Quaranta motor yacht after the unveiling of the new series a few months ago. The project, developed in collaboration between the Monaco-based studio The A Group and The Italian Sea Group Centro Stile, marks the debut of the 40-metre superyacht range within the Admiral fleet. […]

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Superyacht

Three sizes in ISA’s new Viper line

ISA Yachts has presented its new Viper line. It says that this line takes in the shipyard’s twenty years plus of experience in the production of GRP sports boats. The Viper line will include three models of 100, 120 and 140 feet, all made of composite with carbon reinforcements. While ISA is responsible for the […]

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Leisure Marine

Cantieri di Pisa appoints chief designer

Italian shipyard Cantieri di Pisa has appointed Antonio Luxardo as its new chief designer. Luxardo will also be in charge of the engineering of all new projects at Cantieri di Pisa, alongside Optima Design, the La Spezia-based firm founded by Luxardo and Michele Zignego in 2004. The shipyard, founded in 1945 will launch three new […]

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Leisure Marine

Cantieri Di Pisa embarks on major expansion

Cantieri di Pisa is modernising and expanding its headquarters in Pisa, Italy. The facilities along the Navicelli Canal will soon occupy an area exceeding 50,000 sqm. The shipyard has invested €6m over the past two years, and says more will follow to expand and renovate the Cantieri di Pisa headquarters. These works are part of […]

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Leisure Marine

Nautical equipment maker reports 48 per cent increase in revenue

Italian yacht supplier Sanguineti has reported a 48 per cent increase in revenue from 2022 to 2023, with its revenues forecast to triple by 2026. The firm, founded as an artisanal manufacturer of equipment for superyachts more than 65 years ago, is investing €3.5m in new machinery as it looks to expand its facilities and […]

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Maritime, Commercial & Defence

Corruption scandal rocks Italy as ex-Genoa port boss arrested

The president of Italy’s northwest Liguria region and the former head of Genoa port have been arrested as part of an anti-corruption probe. The arrests, which happened on Tuesday (7 May 2024), are part of a sweeping investigation that is also targeting numerous officials for Mafia ties. Genoa prosecutors confirmed in a statement that Paolo […]