Azimut|Benetti Group closes the 2020/21 yachting season with production value standing at €850m, up €100m on the previous year. Despite a physiological production slowdown due to shift organization issues resulting from anti-Covid policies and the more recent procurement problems in the supply chain, the Group has seized the moment of commercial exuberance that has characterised the last six months, with its two Azimut Yachts and Benetti brands delivering a total of 245 boats.
Azimut Trideck
The stand-outs are Azimut Yachts’ new flagship, the Trideck, of which 10 units had already been sold before the official debut at Cannes 2021, and Benetti’s Oasis 40M, which to date has sold 14 units in the 2020/21 season. Also the 55 units have been sold of the Verve 47.
It should also be remembered that more than half the value of production (about €570m of the total 850) refers to boats over 80 feet in length, a segment in which the Group's leadership has been further consolidated as a result of growing popularity on the international market.
The order book has increased three-fold compared to the previous season and now stands at €1.2bn, of which about 900 for models over 80 feet in length. Of this €900m, 508m were booked in the last 90 days, net of boats delivered in this period.
Marco Valle
At geographical level, while there is confirmation that sales are balanced across the three main continents, the APAC region has leapt forward, rising to 15% of total sales and proving to be a particularly promising market.
“I close my first year as Group CEO,” said Marco Valle, “fully aware that we have achieved the challenging objectives we set ourselves. I am also looking ahead to the upcoming season buoyed by the excellent order book, which has practically saturated production for the year that has just begun, and I am very confident that the new projects we are working on will allow us to continue along our organic growth path in the medium term too.”
The Group confirms investments in Research and Development of over €100m in the three-year period.
Azimut Benetti Group is a leading builder of luxury yachts from 11.8 to more than 36 metres in length. The Group owns the following brands: Azimut Yachts, Benetti Yachts, Yachtique, Lusben, Marina di Varazze and Royal Yacht Club Moscow.
Credits: Azimut Benetti
The Italian Sea Group announced the sale of the inaugural Admiral Quaranta motor yacht, marking a significant milestone shortly after the debut of this innovative series.Developed through a collaboration between The A Group, based in Monaco, and The Italian Sea Group Centro Stile, this project represents a pivotal move in the group's strategic expansion.Giovanni Costantino, Founder & CEO of The Italian Sea Group, expresses gratitude for the partnership with The A Group, emphasizing how it facilitated the creation of a 40-meter yacht that encompasses the layout and comfort features typically associated with larger vessels. He highlights the project's success as a result of synergizing expertise in design, quality, and innovation, all of which are deeply embedded in the company's DNA.Richard Hein of The A Group echoes this sentiment, emphasizing the collaborative effort that birthed the Admiral Quaranta. He underscores the significance of crafting a timeless design on a 40-meter platform, setting a pioneering precedent in the industry.The exterior design of the Admiral Quaranta is characterized by a contemporary and modern aesthetic, striking a balance between sleek lines and pronounced contours. This approach lends the yacht an elegant and timeless allure, free from unnecessary extravagance.Internally, the focus shifts to a sporty and youthful elegance, harmonizing with the exterior styling. Soft curves, sumptuous surfaces, and intricate details combine to create an atmosphere of warmth, relaxation, and understated luxury.In line with a commitment to eco-sustainability, the aluminum hull is designed to minimize fuel consumption, aligning with modern environmental standards.The sale of the first Admiral Quaranta motor yacht not only signifies a milestone for The Italian Sea Group but also heralds a new era of innovation and excellence in the world of luxury yachting.The Italian Sea Group is a global operator in the luxury yachting industry, listed on Euronext Milan (“EXM”) and active in the construction and refit of motor yachts and sailing yachts up to 140 meters. The Company, led by Italian entrepreneur Giovanni Costantino, operates on the market with the brands Admiral, renown for elegant and prestigious yachts, Tecnomar, Perini Navi, and Picchiotti; the Company has a business unit, NCA Refit, that manages the maintenance and refit services for yachts and mega yachts with a length over 60 meters. Credits: The Italian Sea Group
May 14, 2024
eD-TEC, the pioneering e-solutions company known for its groundbreaking eD-QDrive electric drivetrain for boats, has revealed plans for a groundbreaking waterfront development in Croatia. The project, set to redefine luxury living, encompasses a collection of five ultra-luxe villas powered entirely by solar energy, offering off-grid living for 365 days a year.Located on the picturesque Prokljan Lake in Croatia's stunning Dalmatia region, these villas represent a bold step towards sustainable living and e-solutions. Each villa, boasting over 480 square meters of living space and a pool terrace of more than 130 square meters, is designed to offer unparalleled comfort and style while overlooking the serene waters.But what sets these villas apart is their commitment to eco-sustainability. Powered by solar energy and equipped with cutting-edge batteries for energy storage, the villas ensure minimal environmental impact while providing all the modern comforts of luxury living. From cooling and heating to ventilation, every aspect of villa life is powered by renewable solar energy, ensuring year-round comfort.In addition to their eco-friendly features, each villa comes complete with its own eD-32 c-Ultra high-performance electric RIB, allowing residents to enjoy silent and emission-free thrills on the lakes, fjords, and coastline surrounding the villas.The development is part of eD-TEC's broader vision to create Croatia's first SMART area, a CO2-neutral tourism destination that anticipates future green regulations and aligns with the Paris 2050 agreement. Dubbed the eD-BAY, this initiative includes solar villas, SMART routes, and a network of fast-charging points for electric vehicles on both water and land."We believe that sustainable living should not compromise luxury and comfort," says Michael Jost, founder of eD-TEC. "With our off-grid villas and electric boating options, we aim to offer residents a truly immersive and eco-conscious lifestyle experience."The villas, available for purchase with customizable layouts and finishes, are expected to be completed by winter 2025/26. With their innovative design and commitment to sustainability, these villas represent a new era of luxury living in harmony with nature.Credits: eD-TEC
May 14, 2024
Benetti, a renowned shipyard based in Viareggio, has announced the appointment of Daniela Petrozzi as its new Sales Director, effective from June 1, 2024. This strategic move underscores Benetti's commitment to business continuity and aims to further solidify the shipyard's global leadership in the yacht industry.In her new role, Daniela Petrozzi will report directly to Massimiliano Casoni, the General Manager of Benetti. She will be responsible for advancing Benetti's commercial strategy with a focus on achieving consolidation and fostering growth in the market.Daniela Petrozzi brings over twenty years of experience within Benetti, demonstrating a deep-rooted understanding of the yachting industry. Her extensive career within the company, marked by roles of increasing responsibility across various functional areas, has equipped her with the technical prowess, commercial acumen, and leadership qualities needed for this pivotal role.This appointment reflects Benetti's steadfast belief in nurturing talent from within the organization, recognizing the value of employee development in driving success and innovation.The announcement also marks a farewell to Sebastiano Fanizza, who has contributed excellently during his six-year tenure with Benetti. The company extends its gratitude to Sebastiano Fanizza for his dedicated service and wishes him the very best for his future endeavors.Founded in 1873, Benetti is the oldest Italian shipyard specializing in luxury yachts. They design, build and sell composite vessels from 29 to 44m and steel and aluminum boats from 37 to over 100m. Their fleet consists of five categories: Class, Oasis, B.Yond, B.Now and Custom, to meet all the needs of the market, and they belong to the Azimut|Benetti Group, the largest privately owned luxury yachting group in the world.Credits: Benetti
May 14, 2024
Arcadia Yachts continues to make waves in the luxury yacht industry with the recent sale of two new units, including the brand's latest project, the A96, and the beloved Sherpa 60 model. These sales contribute to an order book exceeding 30 million euros, with multiple yachts set to be delivered between now and summer 2024.The allure of Arcadia Yachts lies in its eco-sustainable approach and the promise of a slow cruising experience that fosters a deep connection with nature. Offering spaces characterized by unparalleled comfort and flexibility, the brand appeals to a new generation of yacht owners seeking a modern and mindful way to enjoy the sea.The recent sales success underscores Arcadia Yachts' commitment to innovation and excellence. The A96, which debuted at the Cannes Yachting Festival, introduces a groundbreaking concept of wellbeing at sea, while the Sherpa 60, celebrated for its remarkable flexibility, continues to captivate enthusiasts worldwide.Ugo Pellegrino, CEO of Arcadia Yachts, expressed pride in the brand's achievements, noting that the total value of the upcoming deliveries amounts to approximately 30 million euros. This milestone reflects the brand's unique market positioning, innovative approach, and strong commercial partnerships across the globe.The company's futuristic production facilities in the Gulf of Sorrento, which generate 70% of their electricity, are bustling with activity as construction progresses on several new yachts. Advanced negotiations are underway for the sale of additional units, including the sixth Sherpa 80, the nineteenth A85, and another Sherpa 60, all slated for delivery in time for the Mediterranean season. These vessels will provide clients with the opportunity to explore the picturesque landscapes of Capri, Positano, and Amalfi in unparalleled luxury and style.Arcadia Yachts is based in Naples, Italy. Since 2008, Arcadia Yachts has been building semi-custom luxury composite yachts and has succeeded in perfectly integrating artisanal craftsmanship, modern technologies, attention to detail and to the surrounding environment. The Arcadia Yachts fleet has included two ranges since September 2016. The shipyard’s first and most characterizing range is the A range, which includes four models (A85, A85s, A105 and A115). The Sherpa range has a new model, the 24m Sherpa XL, which was launched at the 2019 Cannes Yachting Festival. The new model, A96, debuted at 2023 Cannes Yachting Festival.Credits: Arcadia Yachts
May 13, 2024
In a remarkable feat defying recent market trends, Ocean Independence has made waves in the yacht sales industry by closing the sale of eight luxury yachts across three continents within just over a month. This outstanding achievement underscores the company's expansive global reach and unparalleled ability to surpass market expectations, reflecting the trust and expertise it has garnered worldwide.Despite the challenges posed by the current market landscape, Ocean Independence's recent accomplishment showcases its adeptness in navigating diverse markets and fulfilling the varied requirements of clients worldwide. From emerging yachting markets in Hong Kong to established hubs in North America and the Mediterranean, Ocean Independence's ability to close such a significant number of sales highlights its exceptional position in the industry.The range of yachts sold, both recently and throughout Ocean Independence's history, underscores the company's versatility in catering to a wide spectrum of client preferences. Each vessel represents a unique blend of style, performance, and comfort, demonstrating Ocean Independence's unwavering commitment to delivering excellence in every transaction.Amidst the backdrop of a more buoyant market, characterized by an upswing in sales activity, Ocean Independence's achievement signals an opportune moment for prospective buyers and sellers alike. With increasing demand and market fluidity, stakeholders in the yachting community are encouraged to seize the moment and explore opportunities for investment and acquisition.The following yachts were among those sold in the past month:BouchonA timeless masterpiece crafted by Trinity Yachts, boasting impressive performance and luxurious amenities.Pipe DreamA stunning example of the Westport 130 series, ideal for island-hopping adventures in the Bahamas or Caribbean.Blu Built by Benetti, Blu combines sleek design with spacious accommodations and impressive cruising capabilities. AdytumA Royal Hakvoort beauty renowned for its exploration capabilities and timeless elegance.Lady Marisa A unique creation by Monte Carlo Yachts, showcasing Ocean Independence's adaptability and expertise.Princess M A flagship model for Princess Yachts, presenting impeccable condition and unparalleled luxury.ImpetuousA prime example of Dutch craftsmanship, meticulously maintained and updated for modern voyages. Humble & HungryCrafted by Pershing Yachts, Humble & Hungry combines high performance with luxurious living, making it one of the fastest yachts on the water today.Credits: Ocean Independence
May 13, 2024