Orders for Princess Yachts exceeded US$1BN in 2017

Princess Yachts orders exceeded US$1BN last year
Princess Yachts orders exceeded US$1BN last year

Princess Yachts recorded its highest ever sales in 2017 with record turnover of £274.4m, an operating profit of £7.9m and advance orders totalling more than US$1bn for the first time in its history.

Financial results for the 12 months to 31 December 2017 show turnover is up 26.6% on 2016 and advance orders 20% higher than the previous year, with results helped by a strong performance at the Cannes, Fort Lauderdale and Düsseldorf boat shows.

Antony Sheriff, executive chairman of L Catterton-owned Princess Yachts, said: “This has been a landmark year in the history of Princess. We have a clear vision to be the highest quality, most innovative and best luxury yacht producer in the world and it is gratifying to our highly skilled and dedicated 2,700-strong team that the market has responded in tune with our efforts.”

2018 has already seen Princess launch the Continue reading “Orders for Princess Yachts exceeded US$1BN in 2017”

Martek Marine provides superyacht D-Fence from drone threat

Martek Marine provides superyacht D-Fence from drone threat
Martek Marine provides superyacht D-Fence from drone threat

The superyacht fraternity are waking up to the growing threat that drones pose to privacy, safety & security on-board their yachts. Recent years have seen a massive advance in drone endurance, range and payload capacity whilst the price has also plummeted, leading to a proliferation of drones expected to reach 12 million by 2020.

Terrorist use of drones deploying explosives and poison gas attacks are well documented. The potential for a drone to deliver an explosive charge or even payloads such as nerve-gas on-board a superyacht is a stark reality. Paparazzi intrusion using drones approaching superyachts is already a recognised and growing problem. Yachts in port, at anchor or on coastal transits are simply ‘sitting ducks’ and currently powerless to know if/when they’re going to be attacked, let alone be in a position to defend against the threat.

To combat this emerging threat Martek Marine have Continue reading “Martek Marine provides superyacht D-Fence from drone threat”

Pride Mega Yachts prepares to launch the largest ever superyacht to emerge from China

Pride Mega Yachts prepares to launch the largest ever superyacht to emerge from China
Pride Mega Yachts prepares to launch the largest ever superyacht to emerge from China

On Sunday 8th April in Yantai, China, Pride Mega Yachts rolled out its latest 88.5-metre (290-foot) superyacht Illusion Plus in preparation for her launch.

With her keel laid back in December 2010, when the company operated under the name CIMC Raffles Yacht Ltd, her build re-started on speculation, and is now valued at $145 million USD.

Branded by the shipyard as “the superyacht for the future”, Pride Mega Yachts states that one of the most valuable assets of the design is its interior volume, which, with a beam of 15.4m and draft of 4m, totals a volume of 3,603 gross tonnes, making her the largest ever superyacht to have ever been built in China.

According to Pride Mega Yachts, Illusion Plus has been developed using world-class consultants and designers to ensure she exceeds exacting standards set by the company.

Spread over six decks, her modern exterior lines come from the boards of Rainsford Saunders Design, who describe her profile to Continue reading “Pride Mega Yachts prepares to launch the largest ever superyacht to emerge from China”

DMS Holland to start developing stabilisers for fast-planing yachts

DMS Holland to start developing stabilisers for fast-planing yachts
DMS Holland to start developing stabilisers for fast-planing yachts

Following the successful development and subsequent launch to market of the electric roll damping system for yachts up to 30 metres, the MagnusMaster, DMS Holland has now started, in cooperation with Brabant Engineering, the development of a roll damping system for fast-planing yachts up to 30 metres.

This new AntiRoll damping system, like the MagnusMaster, will be produced as a standard-series stabiliser. Until now, AntiRoll has only been developed as a ‘custom build’ for super- and mega yachts. DMS Holland will be taking this patented dual-axis fin stabiliser and using it to form the basis for their new system. The fundamental concept behind AntiRoll remains the same, namely high-aspect fins that rotate whilst sailing and flap whilst the yacht is at anchor. It is stabilisation at fast speed that will form the extra addition and make it a 3-in-1 stabiliser. “How this will actually be achieved we are keeping to ourselves for a little while longer yet,” says Patrick Noor, DMS Holland’s co-owner responsible for sales & marketing.

Arnold van Aken, inventor of the dual-axis fin stabilisation AntiRoll system and co-owner / Technical Director of DMS Holland explains: “For years we have been Continue reading “DMS Holland to start developing stabilisers for fast-planing yachts”

Bavaria Yachts celebrates 40 years of manufacture

Bavaria Cruiser 45
Bavaria Cruiser 45

Bavaria Yachts is celebrating 40 years of business and an operational model that has most recently produced the Bavaria C65.

Founder Winfried Herrmann saw a gap in the market for a new domestic boatbuilding company and alongside his business partner Georg Haubner, with whom he ran window production company ‘HeHa’, publicly launched the first Bavaria yacht models.

In 1979 the company acquired its first production facility and subsequently appointed designer Axel Monhaupt. In the 1980s, yacht and charter agent Josef Meltl joined Bavaria Yachts, adding expertise that was instrumental to the company’s successful charter market entry.

From 1992, Slovenian J&J Design designed the new models, while in 2000, the company’s first motorboats were launched. 2014 saw Bavaria Yachts enter the multihull market with the purchase of the French catamaran manufacturer Nautitech and in 2015, the Bavaria Nautitech 46 Open was launched.

Expert design has been a constant focus of the Continue reading “Bavaria Yachts celebrates 40 years of manufacture”

Gori launches a three-blade propeller for sailing boats

Gori launches a three blade propeller for sailing boats
Gori launches a three blade propeller for sailing boats

Danish propeller manufacturer, Gori, has launched a new three-blade propeller for sailing boats. The new folding propeller is an evolution of the original three-blade version they introduced in 1994 but lacks the ‘overdrive’ function.

The ‘overdrive’ function allowed the helmsman to choose the propeller pitch and profile in the water while sailing forward, by regulating the yacht’s shift and throttle control. It would then operate the same in reverse by first folding closed through the movement before opening again.

This new three-blade propeller has the same features as the standard propeller including the 360o pivot when switching between forward and reverse with the same pitch in either direction for improved stopping.

The original three-blade propeller had a very low Continue reading “Gori launches a three-blade propeller for sailing boats”

Orams Marine nominated for World Superyacht Awards for their refit work on Latitude

Orams Marine nominated for World Superyacht Awards for their refit work on Latitude
Orams Marine nominated for World Superyacht Awards for their refit work on Latitude

Auckland-based Orams Marine has had one of its refit projects nominated for a World Superyacht Award in the refit category. The awards are organised by Boat International to recognise the design, engineering and construction achievements of the global superyacht sector the past 12 months.

Orams Marine was included in the nomination for the work it carried out on the 45-metre yacht Latitude which underwent an extensive refit at the yard. The work included a full repaint, engineering work and major structural alterations.

Continue reading “Orams Marine nominated for World Superyacht Awards for their refit work on Latitude”

Ferretti Group announces the launch of its first Riva 110 Dolcevita yacht

Ferretti Group has launched the first model in its new Riva 110 Dolcevita class
Ferretti Group has launched the first model in its new Riva 110 Dolcevita class

The all-GRP superyacht features styling by long-term collaborator Officina Italiana Design, including chrome inserts and extensive glazing that surrounds the main deck owner’s cabin and raised pilothouse. A focus on al fresco living is evident throughout the Riva 110 Dolcevita, from the foredeck seating area, complete with spa pool, to the aft sunlounging area on the upper deck.

She has been fitted with Ferretti’s unique submersible transom, which allows for quick tender launches as well as direct access to the sea. The system features a garage door that can fold down to create a bathing platform before lowering into the water when needed.

Continue reading “Ferretti Group announces the launch of its first Riva 110 Dolcevita yacht”

Trimble launches marine positioning GNSS receiver

Trimble launches marine positioning GNSS receiver
Trimble launches marine positioning GNSS receiver

Trimble has announced the MPS865 marine positioning system multi-frequency and multi-application GNSS receiver.

The Trimble MPS865 is a versatile and rugged GNSS positioning and heading solution for a wide variety of real-time and post-processing applications for marine survey.

It features integrated communications options such as Wi-Fi, UHF radio, cellular modem for internet connectivity, Bluetooth and MSS satellite-based correction channels.

The patented GNSS-centric technology uses all available GNSS signals to deliver reliable positions in real time. The GNSS receiver provides for the connection of two GNSS antennas for precise heading.

With a modular form factor, the MPS865 is flexible and can be used as an integrated on-board rover receiver, a base station, or a continuously operating reference station. The built-in precise heading feature ensures the receiver is of minimal size, consumes less power, and has less cabling which are all benefits when on-board space it at a premium.

The MPS865 adds new features to improve usability in a Continue reading “Trimble launches marine positioning GNSS receiver”

Inaugural Dubai Superyacht Summit sees challenges for UAE as a yachting destination

Inaugural Dubai Superyacht Summit sees challenges for UAE as a yachting destination
Inaugural Dubai Superyacht Summit sees challenges for UAE as a yachting destination

The first Dubai International Superyacht Summit saw global industry leaders come together to discuss the opportunities and challenges for the emergence of an “Emirati Riviera” as a superyacht hub and a winter yachting destination.

The summit, which took place between 28th February and 1st March 2018, led to local industry leaders and visitors almost unanimous in acknowledging the vast potential of the region to become a yachting destination and in stressing the improvements needed to realise this potential.

It was noted that to achieve its goals, massive on-going investment is required in infrastructure to allow for the development of the region. A revision of local regulations was also called for to simplify the Continue reading “Inaugural Dubai Superyacht Summit sees challenges for UAE as a yachting destination”

Turquoise Yachts launches its largest yacht so far at 77m

Turquoise Yachts launches its largest yacht so far at 77m (Photo credit ©Francisco Martinez)
Turquoise Yachts launches its largest yacht so far at 77m (Photo credit ©Francisco Martinez)

Turkish yachtbuilder Turquoise Yachts has launched its largest yacht to date. Measuring in at 77-metres (252-foot), Project NB63 has been christened GO by her new European owners.

With design by H2 Design, GO is described by Turquoise as being modern and technologically advanced with similar yet progressive DNA to her predecessors.

With a stunning turquoise hull, GO is optimised with a bulbous bow and special geometry rudders to achieve low resistance for economical cruising. She has clean, contemporary exterior styling with a swerving arch that runs all the way around the aft of the vessel to the beach club.

Forward on the bow is a Continue reading “Turquoise Yachts launches its largest yacht so far at 77m”

Oyster is snapped up by Richard Hadida Yachting

Richard Hadida Yachting is confirmed as the new owners of Oyster
Richard Hadida Yachting is confirmed as the new owners of Oyster

UK software entrepreneur Richard Hadida has been confirmed as the new owner of Oyster. The deal – brokered by administrators KPMG – covers the assets and business of Oyster Marine Ltd and the assets of Oyster Marine Holdings Ltd, including its shareholdings in companies within the Oyster Group

The sale, to a new company, Richard Hadida Yachting, will secure the employment of the retained staff at Oyster’s Southampton and Wroxham sites.

Mr Hadida has sailed an Oyster yacht for several years and says he has fallen in love with the yachts themselves, the events and the Oyster Continue reading “Oyster is snapped up by Richard Hadida Yachting”

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