Classic motor yacht Malahne relaunched by Pendennis

The 165ft / 50m classic motor yacht Malahne was re-launched on March 14th at Pendennis Shipyard
The 165ft / 50m classic motor yacht Malahne was re-launched on March 14th at Pendennis Shipyard

The 165ft / 50m classic motor yacht Malahne was re-launched on March 14th at Pendennis Shipyard, Falmouth, after a substantial 30 month restoration, during which time the project details have been shrouded in secrecy. Designed by Charles E Nicholson and built by Camper & Nicholsons in 1937, Malahne is one of a very small number of pre-war motor yachts to have survived until the 21st Century. Having now undergone one of the most ambitious restorations of all time, her original elegance has been reinstated, whilst being modernised to be fully classed by Lloyd’s Register complying with the MCA Large Yacht Code (LY3).

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Plans for a Gibraltar superyacht marina take shape

Capt E S Geary has been appointed as consultant and technical advisor for the proposed Gibraltar superyacht marina
Capt E S Geary has been appointed as consultant and technical advisor for the proposed Gibraltar superyacht marina

Ocean Village, the developers behind the proposed development of the new Gibraltar superyacht marina, has confirmed it has appointed Capt E S Geary as a consultant and technical advisor for this ambitious project.

In a statement, Ocean Village said that Gibraltar is ideally located to attract and provide services to this ever increasing market. The number of large yachts under construction in Gibraltar has more than tripled over the last 10 years. Ocean Village says that if the proposed new Gibraltar superyacht marina in Marina Bay was only 60% full, it could bring £75m into the local Gibraltar economy.

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Proposed French yacht tax labelled a disaster by ECPY

ECPY calls on the French government to reject the proposed new yacht tax in French waters
ECPY calls on the French government to reject the proposed new yacht tax in French waters

The European Committee for Professional Yachting (ECPY) has likened the proposed tax on yachts in French waters to what happened in Sardinia between 2006 and 2009. According to ECPY, this legislation, if passed, would have a profound and potentially catastrophic effect.

In January, the French Senate introduced a bill to tax yachts that were cruising in any of the 322 French managed marine areas, representing almost a quarter of the country’s territorial waters. But the bill was kicked out by the National Assembly as they realised the damaging effect it could have on what is a lucrative industry and popular leisure pastime.

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Oceanco Delivers the first superyacht of 2015 – INFINITY

Built by Oceanco, INFINITY is the first superyacht to be delivered in 2015
Built by Oceanco, INFINITY is the first superyacht to be delivered in 2015

The new 89 metre INFINITY is the superyacht industry’s first delivery in 2015 – constructed by Oceanco. Built under the project name Y710, this magnificent yacht boasts a commanding exterior design by Espen Øino and an exceptional interior design by Sinot Exclusive Yacht Design and David Kleinberg Design Associates. Continue reading “Oceanco Delivers the first superyacht of 2015 – INFINITY”

Blohm+Voss appoints new Chief Executive

Fred van Beers who has been appointed as the new CEO of shipbuilder Blohm+Voss
Fred van Beers who has been appointed as the new CEO of shipbuilder Blohm+Voss

Blohm+Voss has appointed Fred van Beers as its Chief Executive Officer Management Board (CEO). As of 1 March 2015, Fred van Beers will take over from Dr Herbert Aly as CEO to lead Blohm+Voss’ growth strategy. His focus will be on developing the luxury yacht business. He will also work to strengthen the leading position of Blohm+Voss in general repairs and conversions with a specific focus for cruise ships and vessels for the off-shore industry.

Fred van Beers (52) has held senior leadership positions in the maritime industry for more than 15 years. He joins Blohm+Voss from his current position as Vice President Services Northern Europe at Wärtsilä, the global leader in complete lifecycle power solutions for the maritime industry and energy markets with a presence in more than 70 countries.

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The challenging and colourful world of superyachts

Superyacht unveiling
Superyacht unveiling

The phenomenon of superyachts is known by most people and speaks to the imagination. They are often to be spotted at a tropical holiday destination or on television as back drop of Formula one races in Monaco and the Middle East. Superyachting can be seen as the ultimate leisure activity and is only accessible by the very few in the world due to the expensive nature of superyachts.

The global fleet of superyachts sailing the world’s oceans totals some 4,500 with those over 40 metres in length comprising around 1,500 in total . Nowadays the average number of superyachts over 40 metres delivered worldwide per year is 80, whereas only fifteen years ago this average was 30. It is therefore a fairly young industry that has experienced significant growth in demand in a relatively short period of time. Similar growth trends have been seen in the number of Ultra High Net Worth Individuals (UHNWIs), the target audience that are able to afford commissioning these vessels.

The superyacht industry is often perceived as small and therefore squeezed between the maritime leisure and professional marine industries. Yet the output of the superyacht building industry is similar in Compensated Gross Tonnage (CGT) to the passenger shipbuilding industry, which is often considered to be much larger . (CGT) is a macro-economic indicator that provides an estimate of the amount of work involved in building a ship of a certain type and size, ultimately expressed in man-hours per gross ton (GT). Currently also a global economic impact study is being conducted to analyse the economic value of this industry.

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An introduction to propeller cavitation

Feature article written by Eur. Ing. Jeffrey Casciani-Wood HonFIIMS

As the propeller turns it absorbs the torque developed by the engine at given revolutions i.e., the delivered horsepower – and converts that to the thrust which, in turn, pushes the vessel through the water. According to Bernoulli’s law the passage of a hydrofoil (propeller blade section) through the water causes a positive pressure on the face of the blade and a negative pressure on its back. It is the resolution of the pressures that results in the torque requirement and the thrust development of the propeller. The negative pressure causes any gas in solution in the water to evolve into bubbles similar to those found when opening a bottle of lemonade or champagne. These bubbles collapse and can cause hammer like impact loads on the blades often in excess of 7 kg/cm2. It is the collapse of these bubbles that results in the observed damage to the propeller blade surfaces.

The ratio of the absorbed power or the delivered thrust to the total blade area of the propeller is called, respectively, the power and the thrust loading. If either of these exceeds a certain value which depends upon a complex relationship between the propeller type, the flow in which it works and its mean depth below the water relative to its diameter then the flow pattern of the water over the propeller blades breaks down causing a severe loss of thrust and, eventually, physical damage to the surface of the propeller blades and, also, the rudder and local steelwork of the vessel’s hull. That flow breakdown is called cavitation and is strictly analogous to the water hammer often heard in old plumbing systems. Cavitation is a highly complex phenomenon and the pitting damage it causes usually – but not necessarily – appears on the back of the blade following a clear radial pattern. It can also appear as similar damage on the driving face of the propeller in which case, almost certainly, a further factor has entered the problem in the form of an incorrect pitch distribution along the length of the blade. Most small craft propellers are usually of constant pitch over the blade length and that regime is accurate enough for 99% of boats but on high speed boats with large propeller loading factors the pitch should vary over the length of the blade i.e., the boat should be fitted with a varying pitch propeller. The effects of cavitation including loss of speed and damage to the propeller blades can be minimised by ensuring that the propeller has sufficient blade area relative to the area of the circle described by the propeller blade tips.

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Royal Huisman to build 56 metre classic ketch

An impression of what the new 56 metre classic ketch to be built by Royal Huisman will look like
An impression of what the new 56 metre classic ketch to be built by Royal Huisman will look like

A classic ketch for family oriented Caribbean cruising and more is being built for an American couple, Royal Huisman has announced. The 183’7” (56-metre) megayacht, to be christened Aquarius, is set for delivery in late 2017.

Aquarius bears styling and naval architecture by Dykstra Naval Architects. The wood clad deckhouse, teak decks, long overhangs, rich-blue hull, and oval ports give her the profile the owners wanted. Royal Huisman has yet to release full specifications on her sailplan and structural dimensions, though the yacht is intended for good performance in light airs. Aquarius may further participate in some bucket regattas.

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Fincantieri Yachts delivers one of the tenth largest mega yachts in the world

Fincanteiri Yachts has delivered one of the tenth largest mega yachts in the world and the largest to be built in Italy
Fincanteiri Yachts has delivered one of the tenth largest mega yachts in the world and the largest to be built in Italy

At 140 metres long, the “Ocean Victory” is the largest yacht ever built in Italy and, according to the sector rankings, one of the tenth largest ever built in the world. The new mega yacht is positioned on the top market segment in terms of quality and performance and is characterized by complexity, high technology content, innovation, extreme care to details in the interior and exterior design.

The new ship has been acquired also thanks to the commitment of Alex Lees Buckley, broker with more than 30 years of experience in the most prestigious projects of the internationally renowned brokerage company Camper & Nicholsons. “Ocean Victory” has been designed on the basis of a new, unique concept, brainchild of the Monaco based naval designer Espen Oeino and the Paris based interior designer Cabinet Alberto Pinto. The new unit has been developed by the team of Fincantieri Yachts – business unit of Fincantieri specifically focused on this area.

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The importance of the superyacht industry underlined

Sir Alan Massey underlines the importance of the superyacht industry
Sir Alan Massey underlines the importance of the superyacht industry

Sir Alan Massey, Chief Executive of the Maritime and Coastguard Agency (MCA), has outlined the importance of the superyacht industry.

Sir Alan was speaking at the recent Monaco Yacht Show. He was there representing the UK’s Shipping Minister, John Hayes.

The MCA is a world leader in maritime administration and the originator of the Large Commercial Yacht Code, LY3, which covers safety for yachts that are more than 24-metres in length. Ensign, the MCA’s large yacht services division, offers sector-leading advice and guidance in areas including the LY3 code, the Maritime Labour Convention and Seafarers’ Standards.

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Ferretti to launch the 550 range

Ferretti_Group_logo
Ferretti_Group_logo

The 2014 edition of the Cannes Yachting Festival, which marked the beginning of the new international nautical season, was the perfect stage to announce the next, enthralling chapter of a 45 year business history. It was there, indeed, that Ferretti Yachts presented the project of the Ferretti Yachts 550, the new entry-level yacht in the Ferretti Yachts range – a very important boat that will help the brand and the Ferretti Group as a whole to achieve the growth objectives they are currently pursuing.

“During Cannes Yachting Festival we introduced our global sales network and the Press to our forthcoming ambitious plans for this brand”, explains Stefano De Vivo, Ferretti Group’s Chief Commercial Officer. “And this new entry-level craft is part of a strategy aimed at attracting the interest of many new owners all over the world, for whom this new 55-footer and the forthcoming Ferretti Yachts boats will be a response to their wish to enjoy the sea as never before.”

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Princess Yacht founder to step down

A picture of David King
David King steps down

Having been one of the original founders of Princess Yachts in 1965, David King has decided to stand down as Chairman. Citing his wish for new minds to lead the company forward, Mr King will remain a director and focus mainly on new yacht design and development, an area in which he has always been heavily involved.

After a period of consultation, the Princess board of Directors has appointed Philippe Mellier as its new Chairman. Mr Mellier is the CEO of The De Beers Group, the world’s leading diamond company, and was previously the Executive Vice President at Alstom s.a., the world’s leading high-speed train producer. Prior to this, Mr Mellier worked in the automotive sector, holding senior and board-level positions within Ford, Renault and the Volvo Group. He brings to the role uniquely useful experience in high-quality, performance-focused product manufacturing, marketing and sales.

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