Superyacht News

Anti-fouling escapade leaves $79m luxury superyacht partially sunk

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The partially sunk luxury superyacht - Photo by Triangle News
The partially sunk luxury superyacht – Photo by Triangle News

A luxury superyacht owned by a Saudi Prince has dramatically capsized and partially sunk while it was docked at a repair yard in Perama, Greece. The yacht, Nourah of Riyad, owned by Prince Turki bin Mohammed bin Fahd Al Saud, was being lifted out of the water for repairs when it capsized.

The $79m USD yacht has 11 cabins for up to 22 guests and a crew of 18, a master suite, a VIP stateroom, a jacuzzi on deck and a cinema on board. There was no marine pollution as a result of the incident according to Greek City Times. The yacht turned at a 45-degree angle, the superyacht becoming partially sunk in the water. The unfortunate and expensive accident happened as the vessel was undergoing anti-fouling works. Continue reading “Anti-fouling escapade leaves $79m luxury superyacht partially sunk”

IMO Tier III certification for a megayacht achieved by the first Italian shipyard; CRN

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IMO Tier III certification for a CRN
IMO Tier III certification for a CRN

CRN, part of Ferretti Group, is the first shipyard in Italy to receive IMO Tier III certification for the CRN M/Y 137, a soon-to-be-delivered fully custom steel and aluminium 62-metre megayacht. This success is a well-earned reward for an industrial strategy firmly centred on environmental stewardship and sustainable development.

IMO Tier III is the International Maritime Organisation standard that enshrines the naval industry’s commitment to safeguarding the environment; CRN has attained certification right from its first pleasure vessel to be delivered in early 2020. Continue reading “IMO Tier III certification for a megayacht achieved by the first Italian shipyard; CRN”

British Marine: UK marine sector growth outpaces national average

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British Marine stats
British Marine stats

According to British Marine, the marine sector’s export growth has outpaced the national average (3.5% according to the Office for National Statistics), hitting the £1.5bn mark in 2018/19.

The Key Performance Indicators for the Leisure, Superyacht & Small Commercial Marine Industry Report show that new and used boat sales now account for 78% of the industry’s exports, while exports to Europe account for 74% of the total and now stand at a value of more than £1bn. Continue reading “British Marine: UK marine sector growth outpaces national average”

Moonrise: Largest Dutch superyacht ever built is launched

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Moonrise, the largest yacht by waterline to be built in the Netherlands
Moonrise, the largest yacht by waterline to be built in the Netherlands

As the worldwide demand for megayachts seems undiminished, Dutch shipyard Feadship has launched the 99.95-metre (327.91-foot) Moonrise, the largest yacht by waterline to be built in the Netherlands. The vessel successfully marries sleek sensual lines with a modern masculine profile. A wide range of luxurious details, long hull windows, a glorious grey hull and striking vertical bow add to the elegance of the design by Studio De Voogt.

Moonrise has a very impressive volume thanks to a 15.50-metre beam. This has generated great interior space for 16 people across eight staterooms. There is also exceptionally high-end crew accommodation for up to 32 crew, which are bathed in Continue reading “Moonrise: Largest Dutch superyacht ever built is launched”

Netherlands Maritime Technology provides new home for Dutch yards after the collapse of HISWA

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Following the collapse of HISWA, Netherlands Maritime Technology provides new home for Dutch yards
Following the collapse of HISWA, Netherlands Maritime Technology provides new home for Dutch yards

Netherlands Maritime Technology (NMT), a grouping of 400-plus expert maritime companies, showed Dutch superyacht builders and their suppliers a new home last week following the collapse of their HISWA Holland Yachting Group.

NMT has created Dutch Yachting Society (DYS), a stand-alone NMT unit to handle the global branding and export promotion of Dutch superyacht makers and their supply chain.

Around 60 companies have already registered to join DYS. Businesses have until 1st February to make up their minds. NMT officials said they expect 40 to 50 to actually join. They wooed them at a meeting this week by briefing them on NMT house rules and explaining the Continue reading “Netherlands Maritime Technology provides new home for Dutch yards after the collapse of HISWA”

Pleasure craft safety equipment recommendations

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Advisory safety equipment for pleasure craft
Advisory safety equipment for pleasure craft

For pleasure yachts of less than 13.7 meters in length there are no statutory requirements for safety equipment other than those required under SOLAS V. Safety equipment is an important part of preparing a boat. It is advisable that all pleasure craft skippers check that their vessel is properly equipped.

The Royal Yachting Association (RYA) recommends it is essential that you properly equip your boat prior to going on the water and that you ensure that the craft is Continue reading “Pleasure craft safety equipment recommendations”

The Expected Life Span of Yacht Enclosures

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A yacht leaving its enclosures
A yacht leaving its enclosures

What is the expected life span of  yacht enclosures? There are a lot of variances, and this article is prepared to give you the information needed to determine the life of a given yacht enclosures.

Soft Enclosures

The least expensive of boats will typically have roll vinyl curtains. These are made from a clear pvc material that typically comes 51” wide on a roll and can be .015, .020 or .030 in thickness. It is soft and the life span is very short and unremarkable.

Better boats may have pressed polished sheets. These are made using the roll vinyl Continue reading “The Expected Life Span of Yacht Enclosures”

US Navy develops corrosion Topside Drone detection system

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US Navy develops corrosion Topside Drone detection system
US Navy develops corrosion Topside Drone detection system

The US Navy’s Office of Naval Research has recently worked with the operator of the retired WWII-era carrier USS Midway to test a Topside Drone corrosion detection system.

ONR’s fast-prototyping division, TechSolutions, has developed a sensor package and processing system called Topside Drone that can detect corrosion and anomalies on hull surfaces automatically, saving time in surveys. The technology will be used to inspect and detect material defects, corrosion, warping and other forms of deterioration.

In a manner broadly similar to technology under development by ABS, Topside Continue reading “US Navy develops corrosion Topside Drone detection system”

Lithium-ion batteries linked to fire in superyacht’s garage says new report

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Lithium-ion batteries linked to fire of 'MY Kanga'
Lithium-ion batteries linked to fire of ‘MY Kanga’

Transport Malta’s Marine Safety Investigation Unit (MSIU) has published an investigation report on a garage fire onboard the supertyacht ‘MY Kanga’ while at anchor off Croatia, in September 2018. The investigation concluded that in all probability, the seat of the fire was the Lithium-ion batteries. Transport Malta recommended a review of the Commercial Yacht Code of 2015 on the storage of Li-ion batteries, as well as closed ventilation systems.

MY Kanga was at anchor in the coastal area of Dubrovnik, Croatia, on the morning of 7 September 2018. While the first officer was on the bridge, the fire panel gave off an alarm, indicating a fire in the garage. He immediately went down to inspect and was overwhelmed by the presence of heat and smoke in the garage. The main fire Continue reading “Lithium-ion batteries linked to fire in superyacht’s garage says new report”

UK marine industry figures by British Marine make gloomy reading

Posted on by News Hound
British Marine
British Marine

New figures published by British Marine, the trade association for the UK leisure, superyacht and small commercial marine industry, highlight the number of British marine businesses reporting an increase in revenue sinking to 22%, 10% less than November 2018. The new figures also show static profit margins for marine businesses, with just 6% of companies enjoying an increase in profits, 6% less than November 2018. Business confidence within the sector is at its lowest level since autumn 2016.

Domestically focused UK businesses, especially marine services, continue to experience flat markets with 7% of companies experiencing an increase in revenue over the last six months. The domestic market has previously benefited from Continue reading “UK marine industry figures by British Marine make gloomy reading”

Bankrupt Moonen Yachts acquired by Australian couple

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Bankrupt Moonen Yachts acquired by Australian couple
Bankrupt Moonen Yachts acquired by Australian couple

Dutch superyacht builder Moonen Yachts acquired by Australian couple. Matthew and Louise Baxter are the new owners of the shipyard. Matthew, of Scottish origin, is a successful Australian businessman and entrepreneur, who in 1972 established the A M Group, a privately owned worldwide group of manufacturing companies of which he is executive chairman.
Louise and Matthew first discovered Moonen Yachts whilst sailing on Pittwater harbour in Sydney where they came across the Moonen yacht, Aurora (Moonen 84). This lead to their involvement with Moonen, a midsized Dutch pedigree shipyard with a dedicated and highly skilled team.

In Matthew’s words, “It is a privilege to own a yard like Moonen. The brand has an impeccable pedigree, the yachts are true Dutch quality and the team is young, reliable, talented, and very loyal to the company. These characteristics are fundamental for success. I realise that the yard has to re-energise, but we are well Continue reading “Bankrupt Moonen Yachts acquired by Australian couple”

The Boat Works to welcome superyachts to its new facility

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Queensland harbour
Queensland harbour

Australian shipyard and marina facility The Boat Works has expanded, doubling in size to 54 acres (218,530 square metres). The yard will welcome the first superyachts to its new facility later on this year.

It is anticipated that the new superyacht yard, with private investment of over $100m, will generate thousands of jobs in the marine and service industries.

Tony Longhurst, The Boat Works owner, commented, “We are committed to maintaining the health of our waterways, to operating sustainably and with minimal impact on the environment.

“The innovations we have implemented throughout the existing facility and Continue reading “The Boat Works to welcome superyachts to its new facility”

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