All yachts

Adler
Motor yacht
Ferretti | 22.03 m | 1998
Aquaholic
Motor yacht
Ferretti | 29.7 m | 2009
Bimba A
Motor yacht
€ 2,950,000
Ferretti | 26.22 m | 2011
Caramel
Motor yacht
Ferretti | 21.03 m | 2009
Carolina
Motor yacht
Ferretti | 29.7 m | 2007
Deva
Motor yacht
€ 4,990,000
Ferretti | 33 m | 2010
Camarik
Motor yacht
Ferretti | 34.14 m | 2005
Lady Maria
Motor yacht
Ferretti | 34.14 m | 2007
Custom Line Navetta 26
Motor yacht
Ferretti | 26.22 m | 2010
Helena
Motor yacht
Ferretti | 34 m | 2004
Maluhea
Motor yacht
Ferretti | 31 m | 2003
Marisa III
Motor yacht
Ferretti | 31 m | 2004
Monticello II
Motor yacht
€ 1,250,000
Ferretti | 25 m | 2006
Nati Too
Motor yacht
Ferretti | 29.26 m | 2005
Porthos Sans Abri
Motor yacht
Ferretti | 27.03 m | 2012
Custom Line 112 Next
Motor yacht
€ 7,400,000
Ferretti | 34.16 m | 2010
Custom Line Navetta 26
Motor yacht
Mambo
Motor yacht
$ 3,900,000
Ferretti | 34.14 m | 2004
Mirabilis
Motor yacht
Ferretti | 26.52 m | 2014
Principessa
Motor yacht
Ferretti | 29 m | 2005
Lady Dia
Motor yacht
Ferretti | 37.8 m | 2011
Ferretti Yachts 850
Motor yacht
Sea Stream
Motor yacht
Ferretti | 23.45 m | 2006
Sea Wind
Motor yacht
Ferretti | 21.79 m | 2012
Sedrop
Motor yacht
Ferretti | 22.25 m | 2005
Sprezzatura
Motor yacht
Ferretti | 32.6 m | 2013
Sunshine
Motor yacht
Ferretti | 19.5 m | 2003
Ziacanaia II
Motor yacht
€ 3,290,000
Ferretti | 30.95 m | 2003
Ulyssia
Motor yacht
Ferretti | 26 m | 2008
Victoria
Motor yacht
€ 699,000
Ferretti | 21 m | 2007
Yellow Turtle
Motor yacht
Ferretti | 26.22 m | 2010
White Pearl
Motor yacht
€ 4,995,000
Ferretti | 30.6 m | 2014
Day Off
Motor yacht
€ 2,900,000
Ferretti | 27.03 m | 2006
Julie M
Motor yacht
Ferretti | 25.3 m | 2008
Ziacanaia
Motor yacht
Ferretti | 32.62 m | 2011
Inspiration B
Motor yacht
Ferretti | 29.7 m | 2006
Robusto
Motor yacht
Ferretti | 34.2 m | 2009
Perpetual
Motor yacht
Ferretti | 29.5 m | 2007
Seda
Motor yacht
€ 1,890,000
Ferretti | 20.9 m | 2013
La Pausa
Motor yacht
Ferretti | 26.22 m | 2010
Mary
Motor yacht
Ferretti | 20.7 m | 2000
Navetta 37/01
Motor yacht
Ferretti | 37.04 m | 2016
Custom Line Navetta 30
Motor yacht
€ 2,400,000
Ferretti | 30.95 m | 2002
Paradise
Motor yacht
Ferretti | 28.65 m | 2004
My Soo Too
Motor yacht
Ferretti | 29.2 m | 2015
Paradise
Motor yacht
Ferretti | 34 m | 2003
Mamai
Motor yacht
Ferretti | 33.99 m | 2002
Las Morochas
Motor yacht
Ferretti | 32.61 m | 2012
Maria II of London
Motor yacht
Ferretti | 31.06 m | 2009
Tomorrow we ride
Motor yacht
$ 2,195,000
Ferretti | 29.25 m | 2003
Pinnacle
Motor yacht
€ 7,000,000
Ferretti | 32.62 m | 2015
Dalfa
Motor yacht
Ferretti | 29.5 m | 2008
Ferreti 630
€ 800,000
Ferretti | 19.96 m | 2008
Pura Vida
Motor yacht
Ferretti | 29.2 m | 2014
Columbus A
Motor yacht
€ 2,350,000
Ferretti | 24.71 m | 2013
Conquistador
Motor yacht
Ferretti | 30.99 m | 2003
Baobab
Motor yacht
Ferretti | 29.7 m | 2009
Telli’s
Motor yacht
Ferretti | 32.34 m | 2014
Katariina
Motor yacht
Ferretti | 27.03 m | 2004
Orlando L
Motor yacht
$ 1,512,000
Ferretti | 24.05 m | 2007
Steve's
Motor yacht
€ 1,000,000
Ferretti | 19.96 m | 2009
Our Trade
Motor yacht
Ferretti | 29.26 m | 2013
She Said Yes Again
Motor yacht
Ferretti | 25.6 m | 2013
Unforgettable
Motor yacht
Ferretti | 25.3 m | 2006
Two Kay
Motor yacht
Ferretti | 34 m | 2001
Amore Mio
Motor yacht
€ 5,450,000
Ferretti | 30.48 m | 2012
Navetta 37/05
Motor yacht
Ferretti | 37.04 m | 2018
Navetta 37/04
Motor yacht
Ferretti | 37.04 m | 2018
Navetta 37/03
Motor yacht
Ferretti | 37.04 m | 2017
Navetta 37/02
Motor yacht
Ferretti | 37.04 m | 2017
In Too Deep
Motor yacht
Ferretti | 29.2 m | 2013
Navetta 33/01
Motor yacht
Ferretti | 33 m | 2017
Lady Dorothea
Motor yacht
Ferretti | 27.03 m | 2008
Calypso
Motor yacht
Ferretti | 26.22 m | 2009
To Escape
Motor yacht
Ferretti | 21 m | 2005
Seventh Sense
Motor yacht
Ferretti | 32.62 m | 2008
Perla
Motor yacht
€ 2,250,000
Ferretti | 21.56 m | 2016
Alandrea 108
Motor yacht
Ferretti | 32.92 m | 2016
Lady Soul
Motor yacht
Ferretti | 30.95 m | 2006
Klobuk
Motor yacht
€ 3,200,000
Ferretti | 30.94 m | 2005
Imagine
Motor yacht
Ferretti | 30.95 m | 2002
Intimis
Motor yacht
Ferretti | 34.02 m | 2004
Aleksandar VI
Motor yacht
€ 4,950,000
Ferretti | 32.34 m | 2010
Fiducia
Motor yacht
Ferretti | 16.8 m | 2003
Dee Dee Lee
Motor yacht
$ 2,595,000
Ferretti | 25.3 m | 2005
OOZ
Motor yacht
OOZ
Ferretti | 28.65 m | 2000
Yvonne
Motor yacht
Ferretti | 28.31 m | 2015
My Maxi Beer
Motor yacht
Ferretti | 27.07 m | 2012
Cinque Mare
Motor yacht
$ 1,950,000
Ferretti | 27.05 m | 2006
Slainte III
Motor yacht
Ferretti | 26.21 m | 2013
Navetta 33 Crescendo
Motor yacht
€ 8,500,000
Ferretti | 32.62 m | 2015
Astarte
Motor yacht
Ferretti | 25.3 m | 2007
D'Artagnan
Motor yacht
Ferretti | 20.04 m | 2008
Kiaola
Motor yacht
Ferretti | 20.63 m | 2001
Seven Diamonds
Motor yacht
Ferretti | 25.76 m | 2009
Celine
Motor yacht
Ferretti | 22.5 m | 1997
Dr No
Motor yacht
Ferretti | 22.86 m | 2011
Aldenis
Motor yacht
Ferretti | 24.81 m | 2003
Grifo
Motor yacht
Ferretti | 23.15 m | 2003
Amor
Motor yacht
Ferretti | 23.5 m | 2002
Igele
Motor yacht
Ferretti | 23.98 m | 2013
Kentavros II
Motor yacht
Ferretti | 23.98 m | 2000
Blue Abalone
Motor yacht
Price on request
Ferretti | 21.03 m | 2015
Liquid Assets
Motor yacht
Ferretti | 21.34 m | 2016
S'Vida
Motor yacht
Ferretti | 26.82 m | 2008
Ruscello
Motor yacht
Ferretti | 32.34 m | 2013
Dot Calm
Motor yacht
Ferretti | 26.82 m | 2010
Aynur'a
Motor yacht
Ferretti | 32.95 m | 2016
Malvasia
Motor yacht
Ferretti | 26.22 m | 2008
Tian
Motor yacht
Ferretti | 34.16 m | 2008
Genesis
Motor yacht
Ferretti | 24.38 m | 2012
Thunder
Motor yacht
Ferretti | 27.04 m | 2005
Argento
Motor yacht
Ferretti | 37.8 m | 2013
Navetta 33/10
Motor yacht
Ferretti | 32.62 m | 2019
Suegno
Motor yacht
Ferretti | 37.8 m | 2010
Thalyssa
Motor yacht
Ferretti | 37.8 m | 2012
Fifteen
Motor yacht
€ 3,485,000
Ferretti | 29.57 m | 2009
Fzok
Motor yacht
Ferretti | 37.04 m | 2017
Sonic
Motor yacht
€ 10,750,000
Ferretti | 37.04 m | 2016
The Capital
Motor yacht
Ferretti | 29.57 m | 2008
La Pace
Motor yacht
Ferretti | 24.38 m | 2011
Onyx
Motor yacht
Ferretti | 25.3 m | 2008
Queen of Sheba
Motor yacht
€ 3,950,000
Ferretti | 34 m | 2006
Mirabilis
Motor yacht
€ 11,950,000
Ferretti | 33 m | 2018
Navetta 28
Motor yacht
Ferretti | 28.31 m | 2018
Telli
Motor yacht
Ferretti | 33 m | 2017
Campo Verde
Motor yacht
Ferretti | 30.6 m | 2012
Alter Ego
Motor yacht
Ferretti | 24.71 m | 2012
Oriant
Motor yacht
Ferretti | 26.14 m | 2017
Queen B
Motor yacht
$ 4,995,000
Ferretti | 29.26 m | 2016
Ferretti 800/01
Motor yacht
€ 2,400,000
Ferretti | 24.71 m | 2010
Navetta 33/04
Motor yacht
Ferretti | 33 m | 2018
Yoyita
Motor yacht
€ 1,900,000
Ferretti | 25.3 m | 2009
O
Motor yacht
O
€ 14,900,000
Ferretti | 38.36 m | 2018
Seven
Motor yacht
€ 6,750,000
Ferretti | 28.31 m | 2016
Navetta 33
Motor yacht
Ferretti | 33 m | 2020
Avec
Motor yacht
Ferretti | 27.04 m | 2008
Ferretti 681
Motor yacht
Ferretti | 20.7 m | 2007
Vento
Motor yacht
Ferretti | 23.3 m | 2000
Ferretti 680
Motor yacht
€ 570,000
Ferretti | 21.2 m | 2003
Custom Line 120
Motor yacht
Ferretti | 38.13 m | 2019
Club M
Motor yacht
Ferretti | 29.26 m | 2014
Evolution
Motor yacht
$ 3,175,000
Ferretti | 24.38 m | 2013
Ferretti 550
Motor yacht
$ 1,389,000
Ferretti | 17.07 m | 2018
Flying Visit
Motor yacht
Ferretti | 26.64 m | 2012
Yansik
Motor yacht
Ferretti | 26.22 m | 2009
Spirit III
Motor yacht
Ferretti | 24.71 m | 2012
Ferretti 920
Motor yacht
Ferretti | 28.49 m | 2019

About Ferretti

Ferretti
Forli, Italy
(+39) 0543 787 511
Ferretti was established in 1968 as the first marine division of Alessandro and Norberto Ferretti's family business. In 1971, the company delivered its first wooden motor-sailer and by 1982 it began producing boats for sport fishing with a flybridge. By 1996, Ferretti Group decided to expand into a larger range and set up Custom Line, a division meant to operate in the growing 26-40m range. In following years, the group multiplied acquisitions buying CNA in 1998, CRN in 1999, Riva in 2000, Mochi Craft in 2001 and Itama in 2004.

As the company was preparing for an initial public offering (IPO) after having been acquired in a leveraged buyout by Candover Investments which put the Group's value at €1.5 billion in 2007, the financial crisis led to a significant drop in sales. As a result, the Group had to restructure debt and its creditors, led by the Royal Bank of Scotland, converted a portion of their €1.2 billion debt into equity.

Ferretti Group was eventually sold to Weichai Group, a state-owned Chinese company, the largest maker of bulldozer's in China.

Yachts for sale

Bimba A
Motor yacht
€ 2,950,000
Ferretti | 26.22 m | 2011
Deva
Motor yacht
€ 4,990,000
Ferretti | 33 m | 2010
Monticello II
Motor yacht
€ 1,250,000
Ferretti | 25 m | 2006
Custom Line 112 Next
Motor yacht
€ 7,400,000
Ferretti | 34.16 m | 2010
Mambo
Motor yacht
$ 3,900,000
Ferretti | 34.14 m | 2004
Ziacanaia II
Motor yacht
€ 3,290,000
Ferretti | 30.95 m | 2003
Victoria
Motor yacht
€ 699,000
Ferretti | 21 m | 2007
White Pearl
Motor yacht
€ 4,995,000
Ferretti | 30.6 m | 2014
Day Off
Motor yacht
€ 2,900,000
Ferretti | 27.03 m | 2006
Seda
Motor yacht
€ 1,890,000
Ferretti | 20.9 m | 2013
Custom Line Navetta 30
Motor yacht
€ 2,400,000
Ferretti | 30.95 m | 2002
Tomorrow we ride
Motor yacht
$ 2,195,000
Ferretti | 29.25 m | 2003
Pinnacle
Motor yacht
€ 7,000,000
Ferretti | 32.62 m | 2015
Ferreti 630
€ 800,000
Ferretti | 19.96 m | 2008
Columbus A
Motor yacht
€ 2,350,000
Ferretti | 24.71 m | 2013
Orlando L
Motor yacht
$ 1,512,000
Ferretti | 24.05 m | 2007
Steve's
Motor yacht
€ 1,000,000
Ferretti | 19.96 m | 2009
Amore Mio
Motor yacht
€ 5,450,000
Ferretti | 30.48 m | 2012
Perla
Motor yacht
€ 2,250,000
Ferretti | 21.56 m | 2016
Klobuk
Motor yacht
€ 3,200,000
Ferretti | 30.94 m | 2005
Aleksandar VI
Motor yacht
€ 4,950,000
Ferretti | 32.34 m | 2010
Dee Dee Lee
Motor yacht
$ 2,595,000
Ferretti | 25.3 m | 2005
Cinque Mare
Motor yacht
$ 1,950,000
Ferretti | 27.05 m | 2006
Navetta 33 Crescendo
Motor yacht
€ 8,500,000
Ferretti | 32.62 m | 2015
Blue Abalone
Motor yacht
Price on request
Ferretti | 21.03 m | 2015
Fifteen
Motor yacht
€ 3,485,000
Ferretti | 29.57 m | 2009
Sonic
Motor yacht
€ 10,750,000
Ferretti | 37.04 m | 2016
Queen of Sheba
Motor yacht
€ 3,950,000
Ferretti | 34 m | 2006
Mirabilis
Motor yacht
€ 11,950,000
Ferretti | 33 m | 2018
Queen B
Motor yacht
$ 4,995,000
Ferretti | 29.26 m | 2016
Ferretti 800/01
Motor yacht
€ 2,400,000
Ferretti | 24.71 m | 2010
Yoyita
Motor yacht
€ 1,900,000
Ferretti | 25.3 m | 2009
O
Motor yacht
O
€ 14,900,000
Ferretti | 38.36 m | 2018
Seven
Motor yacht
€ 6,750,000
Ferretti | 28.31 m | 2016
Ferretti 680
Motor yacht
€ 570,000
Ferretti | 21.2 m | 2003
Evolution
Motor yacht
$ 3,175,000
Ferretti | 24.38 m | 2013
Ferretti 550
Motor yacht
$ 1,389,000
Ferretti | 17.07 m | 2018

Yachts for charter

Deva
Motor yacht
€ 4,990,000
Ferretti | 33 m | 2010
Mambo
Motor yacht
$ 3,900,000
Ferretti | 34.14 m | 2004
Lady Dia
Motor yacht
Ferretti | 37.8 m | 2011
Robusto
Motor yacht
Ferretti | 34.2 m | 2009
Mary
Motor yacht
Ferretti | 20.7 m | 2000
Dalfa
Motor yacht
Ferretti | 29.5 m | 2008
Conquistador
Motor yacht
Ferretti | 30.99 m | 2003
Katariina
Motor yacht
Ferretti | 27.03 m | 2004
Orlando L
Motor yacht
$ 1,512,000
Ferretti | 24.05 m | 2007
Amore Mio
Motor yacht
€ 5,450,000
Ferretti | 30.48 m | 2012
To Escape
Motor yacht
Ferretti | 21 m | 2005
Seventh Sense
Motor yacht
Ferretti | 32.62 m | 2008
Alandrea 108
Motor yacht
Ferretti | 32.92 m | 2016
Lady Soul
Motor yacht
Ferretti | 30.95 m | 2006
Klobuk
Motor yacht
€ 3,200,000
Ferretti | 30.94 m | 2005
Fiducia
Motor yacht
Ferretti | 16.8 m | 2003
Dee Dee Lee
Motor yacht
$ 2,595,000
Ferretti | 25.3 m | 2005
Vento
Motor yacht
Ferretti | 23.3 m | 2000

Latest News

Aurora Borealis delivery: the last Amels of 2019 is asking $ 94 million
After successful sea trials, the first Amels 220 superyacht Aurora Borealis has been delivered to the owner. The 67-metre superyacht departed the yard in Vlissingen on 16 July, as the last delivery of a busy 2019 season for Amels.Photo by Maritimephoto.com via Dutch YachtingOverseen by Antoine Larricq of Fraser, the project first known as Project Waka, hit the water for the first time in March 2019 inside the yard's covered dry docks. The yacht remains listed for sale at € 83,500,000 via Fraser.The 67.11-metre vessel features exteriors by Tim Heywood Design and interiors by Winch Design. Spreading over six decks, Aurora Borealis features a 65-square-metre swim platform and beach club area. Special features on-board comprise a guest elevator to all decks, a steam room, spa and a fully-equipped gym, as well as a tender garage spacious enough to house two eight-metre tenders.Photo by Maritimephoto.com via Dutch YachtingAntoine Larricq also represented the owner in terms of interiors. Aurora Borealis' interior volume of 1,500 GT provides for nearly 1,150 square metres of interior space, comprising seven luxury guest suites. Thus, accommodation will be offered for up to 14 guests, along with 15 crew members.Aurora Borealis is now heading to Antibes. Overall, this year’s four new build Limited Editions yachts, plus three AMELS Refit yachts, were all delivered on time and on budget, the yard reports.Photo by Maritimephoto.com via Dutch YachtingRose Damen, Managing Director with Amels, comments: We’re delighted to see our new Amels owners enjoying their yachts delivered as promised. This has been one of our busiest seasons ever at AMELS, and we’re very proud of the high quality of each yacht and the very positive feedback from their new owners.In the meantime, the yard continues work on several yachts under construction inside the drydocks and building bays for 2020 deliveries at both Vlissingen City and Vlissingen East facilities. Photo by Maritimephoto.com via Dutch YachtingOne of the recent projects in hype to be welcomed by the yard for completion, is the 77-metre DAMEN SeaXplorer luxury expedition yacht La Datcha ordered by a Russian billionaire Oleg Tinkov.
Lürssen delivers 95m superyacht Madsummer
Previously known as Project Fiji, the 95-metre Lürssen superyacht Madsummer, has been delivered to her owner, a repeat client with the Lürssen. The vessel was launched earlier this year at Lürssen’s Rendsburg facility. During her construction period of nearly 2,5 years, the project was supervised by the owner’s captain and brokerage company Moran Yacht & Ship.Featuring a 14-metre beam, the exterior profile of Madsummer comes from a British designer Harrison Eidsgaard maintaining sleek and elegant lines within impressive volumes.Photo: Klaus JordanThe vessel's main trademarks are the 12-metre swimming pool and Jacuzzi laid on the aft deck and protected with glass bulwarks. That contributes to clean and uncluttered appearance of hull surfaces. Other decks are connected through exterior staircases and centreline openings.Spacious beach club and spa zone with a sea terrace on the lower deck also belong on the list of Madsummer’s special features. The bow is equipped with a helipad, while the sun deck aft features hidden crane in the bulwark, aimed to handle an aeroboat. As to the upper deck, it encompasses walkable skylight and an integrated fireplace.Photo: Carl GrollMadsummer’ interiors for 20 guests across 10 suites were designed by Italy-based Studio Laura Sessa represent contemporary modern style. Laura Sessa commented earlier: For this interior design yacht project, I invested inner artistic creativity due to my long relationship with the Owner. I playfully created spaces full of customised details and colours from the sea, emanating harmony and elegance.Photo: Klaus JordanThe latest delivery from the yard will be displayed at the Monaco Yacht Show 2019. She will be spending her first weeks in the Mediterranean before her world debut would highlight the port during the show.The superyacht is the third one in the recent series of the 90-metres plus vessels delivered by Lürssen, along with impressive 136-metre Flying FOX and 111-metre Project TIS. Furthermore, the largest Lürssen’s unveiling of 2019, the 130-metre plus in-build Project Lightning has been revealed recently.
Country for old fleet: the 1960s martime school vessel converted to a superyacht
Among contemporary yachts dominating superyacht charter market, there are sometimes more rare pieces to be found. The 69.7-metre superyacht Sherakhan built in 1966 as a maritime school vessel by Dutch Scheepswerf A.Vuyk & Zonen, is available for charter from € 425,000 per week in the summer season.Back in 1965, the classic yacht started out as Princess Margaret. Her present owner, Dutch hospitality entrepreneur Jan Verkerk, managed to breath a new life into the boat in 2005, when it was rebuilt at his yard and renamed to Sherakhan.Maintaining the vessel’s beautiful classic 1960s lines and style, Verkerk upgraded the interior with Rijntjes Interior Design and carried out a complete technical overhaul.Certified to accommodate up to 26 guests, with a dedicated crew of 20 including Michelin-starred Chef Toine Smulders, Sherakhan has undergone several more extensive refits, with the most recent one conducted at Icon Yachts in 2017.The most noticeable upgrade of 2017 was the 70-meter hull being repainted to a minimalistic white colour from its original vintage blue hue. Along with cosmetic adjustments to the yacht’s interior areas and A/V upgrades, her main generators were replaced with low emission ones to reduce the impact on the environment. The onboard layout of Sherakhan is trademarked with double-height dining room with galleried atrium, skylight courtesy of the glass-bottomed sundeck Jacuzzi and seating for all 26 guests at a dining table. The interior colour palette is calm and neutral, with creams and tan-coloured wood allowing the natural textures and tones to harmonise. The 13 ensuite cabins are generously proportioned, including a full-beam master suite.Sherakhan’s choice of guest deck areas is sizeable, from the generous wicker seating on the main deck or several loungers on the large foredeck to the stellar sundeck with its 18-person Jacuzzi, wet bar and barbecue, dining tables and multiple sun loungers. The toy storage can fit a pair of 7.3-metre tenders, three Waverunner jetskis, wakeboards, surfboards, a number of inflatable towables and an 8-metre custom-made slide.What is more, Sherakhan comes with a full wellness suite including a beauty salon, massage room, gym and sauna. Sherakhan’s technical characteristics allow her to cruise to the most remote areas of the planet, accommodating up to 24 guests within her 12 staterooms.Currently fully booked during a long-term charter in the Red Sea for the summer 2019 season, Sherakhan can usually be found in the Mediterranean during the summer season and the Caribbean over the winter. However, she is claimed capable of exploring more remote areas and has many circumnavigations.
Walt Disney’s grand-nephew rescues competitors from sinking yacht in Transpac regatta
Roy Disney, the grandnephew Walt Disney, rescued the crew of a sinking yacht during the Transpac regatta. The boat of Roy Disney, Andrews 70 Pyewacket, which also took part in the regatta, picked up nine crew members from the sinking Santa Cruz 70 OEX boat, led by John Sangmeister.The racing committee received SOS-signal from the OEX boat at around 2 am, on July 15, reporting that the yacht’s rederpost was damaged and the vessel began to take on water.<iframe src="https://www.facebook.com/plugins/video.php?href=https%3A%2F%2Fwww.facebook.com%2FTranspacRace%2Fvideos%2F424508521486179%2F&show_text=0&width=560" width="560" height="315" style="border:none;overflow:hidden" scrolling="no" frameborder="0" allowTransparency="true" allowFullScreen="true"></iframe>An hour later, the OEX crew was picked up by its rivals on Roy Disney's yacht, with no one of 9 crews getting hurt. After that, Pyewacket with the rescued people on-board and its own crew of 10, including Roy Disney, returned to Los Angeles Marina del Rey, from where the Transpac race started.With the reason of the steering axle’ breakage still unknown, the OEX yacht eventually sank. meanwhile, her owner, John Sangmeister, is an experienced yachtsman that had won the Cup of America in 1986–1987. For Sangmeister this was the eighth Transpac race.Transpac is a 2225-mile offshore race from Los Angeles to Honolulu. This year, the regatta has seen several more collisions, with Maserati trimaran Giovanni Soldini running into a huge underwater object. The crew, however, continued the race after stopping for repair.Except for OEX, 6 more hulls out of recording 90 participants, withdrew from the competition this year. Started on July 10, the regatta will see the award ceremony in Hawaii on July 26th.
Dutch builder Moonen Yachts goes bankrupt
Dutch court has declared the yachtbuilder Moonen Yachts bankrupt, reports International Boat Industry. The decision has been made just two weeks after Moonen had announced they had been about to close a deal with a new investor, in order to boast production.According to IBI, despite the bankruptcy procedure, the builder will continue negotiations with the potential investor. Moreover, the new potential stakeholder of the yard can even benefit from the bankruptcy, as they will be relieved of the responsibility to pay off Moonen’s debts.The name of the potential investor has been kept in secret, although some sources claim it is an Australian company. Earlier, the Mexican steel giant Altos Hornos de Mexico (AHMSA) was the main investor at Moonen. In 2015, Moonen issued a statement on payments suspension due to financial problems of AHMSA. The Mexican concern claimed, it was no longer able to finance the construction of two of the three in-build semi-custom-yachts from the Moonen ‘Caribbean’ series, with construction begun a month earlier. At the time, the reason of AHMSA’s financial problems was a 40% price reduction on steel on the international market, caused by dumping of Chinese and Russian competitors.In 2017, the top management reshuffle took place in Moonen. The new CEO announced, he began the process of restructuring the company. In 2018, the shipyard received the World Superyacht Award for the 36-metre Brigadoon, followed by an order for its sistership that should be completed by 2020.But with only one boat under construction at the asset, the board of directors of Moonen decided, further development of the shipyard was impossible without the support of a new, financially stable investor. To keep stable operation, Moonen needs to build two or three projects ranging in size from 30 to 50 meters simultaneously.