At its Annual Members' Assembly on Thursday, December 12, the Italian Marine Industry Association presented forecasts and survey findings outlining upcoming market trends. The data, compiled by the Association’s Research Department, reflects responses collected from a broad sample of member companies.
In 2023, the Italian yachting sector reported a turnover of €8.33 billion, marking an increase of €1 billion compared to 2022. This growth of 13.6% follows a previous 20% increase in 2022. A key factor driving the rise in turnover was the export of Italian-built yachts, which surpassed €4 billion in 2023 and climbed to €4.23 billion in the first four months of 2024.
The industry’s export rate stands at 90%, reinforcing Italy’s role as a global leader in both the superyacht segment – responsible for more than half of worldwide orders – and in the production of large inflatable units, components, and equipment. The sector’s workforce also expanded, reaching 30,690 employees in 2023, about 7% more than in the previous year.
Projections for 2024 indicate a normalization of growth in the yachting sector. Market dynamics are expected to diverge between high-end products and smaller vessels. According to the Association, “the outlook for the Italian yachting industry remains positive overall, despite complex external economic scenarios, due in no small amount to the substantial contribution of the superyacht segment.”
Survey results highlight a differentiated situation within boatbuilding. Among companies in the superyacht segment, 75% anticipate a positive year-on-year close, while the remaining 25% expect stability. Order book performance suggests normalized growth rates, with about two thirds reporting a modest decrease in orders (ranging from -5% to -10%) and others indicating stable or slightly positive levels.
In boatbuilding under 24 metres, the situation is more varied. About 60% of respondents forecast a contraction in turnover in 2024, with negative ranges spanning from -5% to over -30%. Stability is predicted by 18% of respondents, and 22% foresee growth. In 2025, sentiment appears more optimistic: the share of companies expecting growth remains at 22%, while only a third predict declines, and 45% anticipate stability.
In the marine engine segment, 2024 outcomes vary. The survey shows an even split among those recording growth (5% to 20%), stability, or contraction (5% to 20%). For 2025, one third of respondents anticipate an increase in turnover, while two thirds expect stable conditions.
Within the equipment and accessories sector, 39% of sampled companies foresee growth in 2024, 42% predict contraction, and the remainder stability. Looking ahead to 2025, 63% expect stable results, 23% anticipate contraction, and 14% foresee improvement.
For nautical tourism businesses, 2024 appears positive. Approximately 63% predict turnover growth, 28% expect stability, and only 9% foresee a decline. The outlook for 2025 remains promising, with 55% forecasting continued growth, 39% stability, and 6% a possible contraction.
These assessments, pending official figures to be released in the next edition of “La Nautica in Cifre LOG” at the 65th Genoa International Boat Show, suggest that 2024 may mark a stabilization of the yachting industry’s overall turnover. The strength of the superyacht sector helps offset recent difficulties in smaller segments. The forecasts for 2025 indicate a potential recovery, pointing to improved conditions as early as next spring.
Credit: Italian Marine Industry Association
Heesen Yachts celebrates the delivery of Solemates (YN 20655), a fully customized 55-meter steel superyacht, to an experienced owner who has chosen the Dutch shipyard for the second time. This milestone underscores Heesen’s reputation for engineering excellence, build quality, and the flexibility of its speculative build program – enabling clients to personalize proven platforms without compromising on time efficiency.Built on Heesen’s successful 55m Steel design, Solemates combines the proven Fast Displacement Hull Form (FDHF) by Van Oossanen Naval Architects with Omega Architects’ sleek exterior lines. The owner, a seasoned yachtsman, leveraged the platform’s inherent reliability to focus on tailored interior enhancements that reflect a family-oriented approach to cruising.Rupert Connor of Luxury Yacht Group noted: "While the changes from the previous model appear subtle, the cumulative refinements across the entire platform elevate this yacht significantly. Heesen’s commitment to continuous improvement shines through."The owner’s deep yachting expertise and hands-on involvement ensured a streamlined build process. Ralf Oortman, Heesen’s Project Manager, remarked: "Their team’s insight into the client’s lifestyle was invaluable. We collaborated seamlessly to introduce standout features, such as the breathtaking atrium – a true masterpiece that sets Solemates apart."Working alongside Silvia Margutti of Luca Dini Design and Architecture, the owner reimagined the interior with vibrant accents, a redesigned main staircase featuring gold-flaked acrylic panels, and an expanded sundeck hot tub area for social gatherings. Every detail was meticulously crafted to enhance onboard living.Following flawless sea trials in the North Sea, Solemates confirms her robust performance and efficiency. With a 760 GT volume, she offers ample space for extended cruising while maintaining the comfort and reliability expected of a Northern European build.Solemates will be available for exclusive charter through Luxury Yacht Group, with her world premiere set for the 2025 Monaco Yacht Show, where she will headline Heesen’s display.Niels Vaessen, Heesen’s CEO, reflected: "Delivering Solemates to a repeat client is a testament to our craftsmanship and the trust owners place in us. This project exemplifies how we blend efficiency with bespoke luxury – creating yachts that exceed expectations."Heesen Yachts is a Dutch ship building company that specializes in custom-built superyachts in aluminum and steel from 30m to 70m in size. Founded in 1978, it has launched more than 170 yachts since its inception.Credits: Heesen Yachts
May 1, 2025
Damen Yachting has successfully launched the first Amels 80. The vessel is the latest addition to the Amels Limited Editions range.The 80-meter superyacht boasts a gross tonnage of 2,175 GT and features a hybrid propulsion system for reduced emissions and improved cruising efficiency. The vessel can accommodate 14 guests across 7 luxurious suites, supported by a crew of 21. Notable features include a foredeck helipad, a 200-square-meter Sun Deck, a private Owner’s Deck, a 6.5-meter swimming pool, and a Beach Club with spa facilities.The exterior design is the work of renowned superyacht designer Espen Oino, while the interior was created by Sinot Yacht Architecture & Design in their first collaboration with Amels. Paul Costerus, Designer Interior at Sinot, commented: “The Amels 80 marks the first collaboration between Sinot and Amels. A project which provided us with the opportunity to develop something truly unique. You will feel at home from the moment you step on board.”The build of the first Amels 80 was managed by Burgess on behalf of the Owner following the yacht’s sale in 2022. Sean Bianchi, Partner and Head of Burgess Technical Services, stated: “We are delighted to see Amels 80, hull number 01 depart her construction dock and enter the commissioning and sea trials phase. This milestone marks the culmination of close collaboration between Damen Yachting, Sinot, and the Owner’s team in crafting a yacht that is truly one of a kind.”Adriaan Roose, Product Design Manager for the Amels 80 series at Damen Yachting, emphasized the balance between customisation and efficiency: “The Amels 80 offered the client many custom options whilst still benefitting from the shortened delivery time. This yacht is the ultimate balance of individuality and efficiency.”The Amels 80 has the following specifications: length overall is 80.00 meters (261 ft), beam overall is 12.50 meters (41 ft), range is 5,000 nautical miles at 12 knots, with delivery scheduled for Summer 2025.Rose Damen, Managing Director of Damen Yachting, expressed gratitude for the collaboration: “With today’s launch of the first Amels 80, we have reached another landmark achievement in the history of Amels. I would like to thank our Client and the team at Burgess for entrusting us with this very special build. We are honoured and excited to see the final phase through to delivery.”Damen Yachting is the yachting division of the Damen Shipyards Group. The shipyard builds and refits Amels superyachts, Xplorer luxury expedition yachts (previously known as SeaXplorer) and Yacht Support vessels. Credits: Damen Yachting
April 30, 2025
Grand Soleil Yachts has introduced its first weekender model, the Grand Soleil Blue, marking a significant departure from its traditional performance and long-cruise yachts. The 32ft 9in (9.99m) vessel is designed for day sailing and weekend getaways, featuring a sustainable build and electric propulsion options.The yacht is the smallest in the Grand Soleil range and sets new standards for recyclability. According to Gigi Servidati, Cantiere del Pardo Chairman, “The GS Blue represents the beginning of a new concept within the Grand Soleil range: a line that is agile, sustainable, fun, highly liveable, and designed for more immediate and flexible use.”The vessel’s design emphasizes performance and comfort, developed by naval architect Matteo Polli and Nauta Design for exterior, interior design, and layout. Polli noted, “The striking hull shape is designed to provide stability when the boat heels, to maximize power upwind. And in light winds, or when running, the narrow waterline beam delivers lower drag and therefore higher speeds.”Sustainability is a core feature of the GS Blue. The yacht utilizes Arkema’s Elium resin in its composite lay-up, allowing for recovery and reuse at the end of its life. The PET core material in the hull’s sandwich construction is derived from post-consumer waste, and the design allows for easy disassembly of components.The yacht offers fully electric propulsion as an option, featuring a 6kW pod drive from ePropulsion powered by a 190Ah lithium battery. This setup provides a range of up to 30 nautical miles at 5 knots, with the option to double that range by adding a second battery pack. The electric system enables silent maneuvering and a top speed of 6.5 knots.Performance-wise, the GS Blue boasts a 2.2m bulb keel (with a 1.8m shallow draft option) and a generous sailplan. It can achieve upwind speeds of 6-8 knots and downwind speeds of 10-12 knots. The design prioritizes easy shorthanded or solo sailing, featuring push-button electric Harken winches.Inside, the yacht offers modern Italian-style amenities including a heads compartment with freshwater shower, an efficient galley with hob, oven, and fridge, and berths for up to four, optimized for two. The interior design focuses on light and space, as highlighted by Massimo Gino, CEO and co-founder of Nauta: “A key element of the interior design is the light scheme, which ensures that even with lower ceiling heights, the yacht feels spacious and welcoming for guests.”The project is co-financed by the Emilia Romagna region as part of the PR-ERDF 2021/2027 program, emphasizing its experimental research and development nature.Cantiere del Pardo was founded in 1973 in Italy. Pardo Yachts, the brand of Cantiere del Pardo dedicated to powerboats, was born in 2016. The first model, the Pardo 43, was launched in 2017. Grand Soleil was founded in 1973 and is famous for its yachts, which ensure performance for regattas, autonomous long-distance navigation, as well as a high level of sustainable consciousness.Credits: Grand Soleil Yachts
April 30, 2025
Feadship has successfully launched its latest superyacht, Project 827, marking another milestone in the company’s history of luxury yacht construction. The vessel was launched at the Royal Van Lent shipyard in Sneek, the Netherlands.Project 827 is a 75-meter motor yacht designed by the renowned studio Winch Design. The exterior design features clean lines and a contemporary aesthetic, while the interior showcases a sophisticated blend of modern luxury and comfort. The yacht boasts a spacious main deck and a large owner’s deck, providing ample living space for its occupants.“Project 827 is a testament to our commitment to innovation and excellence,” said Feadship CEO Henk de Vries. “We have pushed the boundaries of design and engineering to create a yacht that not only meets but exceeds the expectations of our discerning clients.”The yacht’s design emphasizes functionality and comfort. It features a unique layout with a large owner’s deck, offering unobstructed panoramic views. The interior design, also by Winch Design, combines modern materials with classic craftsmanship, creating a luxurious yet livable environment.Project 827 is equipped with state-of-the-art technology and engineering solutions. The yacht is powered by twin Caterpillar engines, providing efficient performance and low emissions. The vessel also incorporates advanced systems for noise and vibration control, ensuring a quiet and comfortable onboard experience.“This launch is a significant moment for Feadship,” commented Project Manager Jan van der Meer. “Project 827 represents the culmination of years of planning and collaboration between our teams and the client. We are proud to deliver a yacht that truly embodies the spirit of modern luxury.”The completion of Project 827 further strengthens Feadship’s position as a leading builder of custom superyachts. The company continues to focus on delivering exceptional craftsmanship and innovative design solutions to its clients.Feadship plans to complete the final outfitting and sea trials before delivering the yacht to its owner later this year. The launch of Project 827 demonstrates the shipyard’s ongoing commitment to excellence in the superyacht industry.Based in the Netherlands and with roots dating back to 1849, Feadship was formed as a group in 1949 as a marketing partnership between six Dutch shipyards, de Vries Lentch, Van de Stadt, Witsen & Vis, Akerboom, De Vries Scheepsbouw and Van Lent Shipyard, and De Voogt Naval Architects. Feadship is well-known as one of the Netherlands’ most elite yacht builders and delivers superyachts from 50–100+ meters in length.Credits: Feadship
April 30, 2025
The 56th Southampton International Boat Show will introduce several new features when it returns to Mayflower Park from September 19-28, 2025. Organizers British Marine confirmed a redesigned layout with specialized zones including The Powerhub for powerboats and Angler's Alley for fishing enthusiasts.New additions include: the Boating Academy offering educational sessions, waterside Lounge for premium ticket holders, expanded marina area with grouped vessel displays, on the Water stage featuring high-speed demonstrations. Visitor experiences will include the Try A Boat program with FlexiSail and accessible powerboat rides through Wetwheels. The Shipyard festival area will host live music and family activities, with a headline act to be announced.Ticket prices currently start at £24.99 for adults, with free entry for two children per adult ticket. Marina space remains in high demand among exhibitors, with increased berth capacity for 2025."The 2025 edition represents an exciting transformation," stated British Marine representatives. The event will showcase products ranging from paddleboards to superyachts, though exhibitor lists remain unconfirmed.British Marine, representing over 1,300 UK marine businesses, organizes the annual show which supports an industry employing 38,000 nationwide.Credits: Southampton International Boat Show
April 29, 2025