51m Borkumriff IV Sold

GX Superyachts has provided a progress update on its 42-meter flagship model, the GX42, currently under construction at SES Yachts' facility in Istanbul. The project remains on schedule for delivery in summer 2026, with several major construction phases now completed.The aluminum hull and superstructure are fully assembled, marking the transition to the outfitting stage. Thermal insulation and main piping systems are 80% installed, while electrical work has reached 25% completion. Approximately half of the paintwork has been applied.The hybrid propulsion system, combining diesel-electric drive with solar power generation, has passed factory testing and is ready for installation. Interior furniture, designed by Marco Casali, is 50% complete in workshop production.Vladimir Zinchenko, founder and CEO of GX Superyachts, stated: "It's inspiring to witness the GX42 taking shape so smoothly. Each milestone reinforces our belief that the GX42 will set a new benchmark in responsible yachting — a vessel that delivers both elegant design and low-impact cruising. Thanks to our partners at SES Yachts, Andrea Armas, Marco Casali and Francesco Rogantin, the project is running smoothly and exceeding expectations."The interior design emphasizes family-friendly spaces with a raised pilothouse layout that includes a main-deck owner's suite and full-beam VIP cabin. Natural materials and subdued color schemes reflect the yacht's focus on sustainable luxury.Upcoming work includes finalizing insulation and piping systems, progressing electrical installations, and integrating the hybrid propulsion package. Sea trials are planned for early 2026.Andrea Armas, consultant to GX Superyachts' Board of Directors, noted: "We are pushing the boundary of responsible yachting navigating through a new era of technological advancement, tailoring the dream of Yacht owners into a sustainable reality."Credits: GX Superyachts

Camper & Nicholsons has confirmed the sale of the 50.58m schooner Borkumriff IV, built by Royal Huisman in 2002. The sale was managed by Senior Sales Broker Arne Ploch. The yacht accommodates six guests in three cabins and has space for nine crew members.Inspired by traditional Newfoundland schooners, Borkumriff IV has a total length of 50.58 meters, including the bowsprit, and a sail area of 1,164 sq. m. The exterior was designed by John G. Alden’s office, with naval architecture by Dykstra. The interior, crafted by John Munford, features mahogany wood paneling and custom furniture, contrasting with lighter ceilings and floors.The yacht includes a main deck saloon and dining area, with accommodation on the lower deck. The full-beam master suite has a separate study, while two twin guest cabins are located midship. All cabins are en suite. Crew quarters are spacious, with a large galley.Borkumriff IV carries two tenders on its teak decks and features two cannons, used for ceremonial flag-lowering at sunset.Royal Huisman is a Dutch shipyard established in 1884 in Ronduite, building and refitting custom luxury sailing and motor yachts at its shipyard in Vollenhove, the Netherlands.Credits: Yacht Harbour archive

Turkish builder ART Shipyard, part of Besiktas Group, will unveil its first superyacht – the 35-meter Bee Explorer – at the Cannes Yachting Festival from September 9-14. The steel-hulled explorer with aluminum superstructure was designed by Hydro Tec to stay under 300GT while offering a 4,000-nautical-mile range at 10 knots. Ocean Independence serves as worldwide central agent for the €15.25 million vessel, which is available for immediate delivery.Sergio Cutolo of Hydro Tec explained the design rationale: "The 7.7-meter beam provides additional fuel capacity without significant efficiency loss, allowing owners to take advantage of regional fuel price variations." The naval architecture prioritizes seakeeping and fuel economy, with computational fluid dynamics used to optimize the hull form.Michele Dragoni's interior design blends explorer yacht robustness with contemporary styling. Horizontal dark lacquer frames contrast with bleached oak paneling in the main saloon, while curved bulkheads and strategic window placement maximize natural light. The upper lounge features a ceiling-mounted TV lift and lowered cabinetry to create a more relaxed atmosphere.Measuring 35 meters LOA with 2.2-meter draft, the Bee Explorer will be displayed in Port Canto during the festival. The yacht represents ART Shipyard's entry into the competitive sub-40-meter explorer market, leveraging Besiktas Group's commercial shipbuilding experience. The Cannes presentation follows successful sea trials in Turkish waters. Prospective owners can inspect the yacht throughout the six-day show before its scheduled autumn handover to its first owner. Credits: Ocean Independence

Italian shipyard Tankoa Yachts has strengthened its leadership team with two strategic appointments as part of its expansion strategy. Isabella Picco joins as Head of Marketing & Communication, bringing extensive experience in the luxury yachting sector. "I look forward to helping guide the shipyard while maintaining its core values," Picco stated.Isabella PiccoGuido Orsi, a long-standing executive at Tankoa since its founding, has been promoted to Vice President. In his new role, Orsi will oversee sustainability initiatives, technological development, and international growth. "Tankoa combines tradition, innovation and family values," Orsi commented regarding his appointment.Guido OrsiThe Genoa-based shipyard, specializing in custom superyacht construction between 50-80 meters, continues to expand its production facilities and workforce. These leadership changes follow Tankoa's recent delivery of the 50-meter Bintador and ongoing construction of multiple projects at its Genoa shipyard.No specific details were provided regarding new projects or production site expansions mentioned in the broader growth plan. Tankoa currently has three superyachts under construction, with deliveries scheduled through 2026. The shipyard maintains its focus on semi-custom and full-custom builds, competing in the 500-1,500GT market segment.Tankoa was founded in 2007 and began production in 2008. A true “boutique shipyard”, focused on building semi-custom and custom constructions 45-meter and up.Credits: Tankoa

Pershing commemorated four decades of yachtbuilding with a three-day event in Capri, attended by owners and brand ambassadors including Formula 1 driver George Russell. The celebration, held under the patronage of Capri's municipal government, showcased current models including the GTX116 and newly announced GTX70 alongside heritage designs.Activities included sea trials with Pershing 6X, 7X and 8X models in the Gulf of Naples, while evening events took place at premium venues including La Canzone del Mare restaurant, where a 300-drone light show introduced the GTX70. Subsequent gatherings occurred at Quattro Passi in Nerano and Capri's Il Riccio and a-Ma-Re restaurants."Capri's natural beauty mirrored our yachts' design ethos," stated Ferretti Group CEO Alberto Galassi. The event partnered with Flexjet for private aviation services, Marchesi Antinori for wines, and featured a Pershing-branded capsule collection by Murphy&Nye. Water activities utilized Seabob personal watercraft.The anniversary highlights Pershing's evolution from its 1985 founding to current GTX and X-series production. The brand maintains operations at its Mondolfo shipyard, where it builds seven models between 15-47 meters. Recent launches include the 21-meter GTX70, featuring triple Mercury Racing 1100 engines capable of 48-knot speeds.No new model announcements accompanied the celebrations, though industry observers anticipate updates to Pershing's Performance series in 2026. The Capri event concluded without disclosing attendance figures or future anniversary initiatives. Current production focuses on the GTX sport utility line and Generation X performance models, with deliveries continuing through 2027.The Ferretti Group, led by Chief Executive Officer Alberto Galassi, is now one of the world’s leaders in the construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally.Credits: Ferretti Group