Giovanna Vitelli, Chair of Azimut|Benetti Group, has been honored as the National Winner of the 2024 EY Entrepreneur of the Year® Award, marking the twenty-seventh edition of this prestigious recognition.
The award was conferred by an independent jury comprising representatives from various institutions, economics, and industry sectors, who commended Vitelli for her leadership in steering the company towards not only increased growth and profitability but also for her commitment to technological innovation, sustainability, employee welfare, and corporate social responsibility.
Giovanna Vitelli
This accolade is bestowed annually by EY, the global leader in professional services, on Italian entrepreneurs who significantly impact their country’s economic, social, and environmental landscape. The award recognizes those who excel in transformation, innovation, and sustainability amid evolving challenges.
Vitelli began her journey in corporate law before joining the Board of Directors of her family-owned Azimut|Benetti Group in 2000. She advanced through the ranks, eventually becoming Chair in 2023. Under her leadership, the Group — a global leader in mega yacht manufacturing — reported a revenue of 1.3 billion euros in the last financial year, reflecting a remarkable 55% growth over the past four years.
Staying true to the mission and values instilled by her father, Vitelli emphasizes continual investment in innovation as essential to maintaining leadership and creating value for both people and the local community. The Group's product development strategy aligns with the aspirations of both the Azimut and Benetti brands, focusing on setting new trends in onboard lifestyle and pursuing technological advancements to minimize environmental impacts.
Since the start of her entrepreneurial journey, Vitelli has challenged conventional nautical design by encouraging teams to rethink onboard spaces, resulting in offerings that emphasize contemporary living with a focus on elegance, conviviality, and connection to the sea. Noteworthy innovations include Benetti's Oasis Deck® and Azimut's Seadeck Series, both of which have become market leaders.
In terms of environmental sustainability, the Group's strategic approach melds practical solutions with visionary goals, achieving leading results in emissions reductions through advancements like weight reduction, high-efficiency hull designs, hybrid propulsion, and smart onboard power management. Additionally, in partnerships with independent organizations and academic institutions, they advocate for establishing certification standards for consumption and emissions, promoting a more responsible industry.
To support this vision, Vitelli has initiated efforts to enhance managerial culture and governance, establishing the Azimut|Benetti Group Corporate Academy, which focuses on professional development and the cultivation of Italian excellence in technology, engineering, and manufacturing, while also aiding the next generation entering the yachting sector.
"This award signifies recognition for the achievements of our entire Group as we guide our clients into a new era of yachting and a renewed relationship with the sea,” stated Giovanna Vitelli. “As a family company, we have the unique opportunity to focus on long-term value. Today, that commitment means reducing emissions to foster a more sustainable nautical industry that can inspire others to follow suit, all while merging unparalleled beauty with advanced technology. I extend my gratitude to the 2,250 dedicated individuals at Azimut|Benetti Group worldwide, who, alongside me, continue to navigate this journey."
Founded in 1873, Benetti is the oldest Italian shipyard specializing in luxury yachts. Benetti designs, builds and sells composite vessels from 29 to 44m and steel and aluminum boats from 37 to over 100m. The fleet consists of five categories: Class, Oasis, B.Yond, B.Now and Custom to meet all the needs of the market. Benetti belongs to the Azimut|Benetti Group, the largest privately owned luxury yachting group in the world.
Credits: Benetti
Forte Yachts is in the final stages of construction for its first model, the Forte 47. The 14-meter yacht, which debuted at the 2025 Cannes Yachting Festival, is scheduled for launch in November 2025. The vessel is being built at the company's shipyard in Ameglia, Italy.The aluminum-built yacht features a vertical bow and a hardtop that spans over half its length. Its most distinctive feature consists of two fold-out terraces positioned amidships, which open outward to create sea-level lounge areas. The deck design incorporates a walkway only on the port side to maximize interior volume.The yacht is available in two configurations. The Gran Turismo version uses triple Mercury V12 600hp outboard engines with an estimated top speed of 45 knots. The Lounge Deck version features twin Volvo Penta IPS D8-800 inboard engines and an enclosed saloon with full-height glazing.The interior includes two cabins and two bathrooms with separate showers, with headroom exceeding two meters throughout. The hull design by Umberto Tagliavini of Marine Design emphasizes stability and efficient planing.Technical Manager Livio Franchini stated: "Opening the terraces transforms the yacht entirely. It creates a seamless connection with the sea that feels unprecedented in a 14-meter vessel."Brand co-founder Fernando Moricca stated: "Our clients are not just buying a boat; they are creating a tailored experience. The aluminium build allows us to adapt every element to individual tastes and requirements."Paolo Giordano, Head of Design, stated: "We wanted to ensure that the yacht feels like a true home on the water and challenge what owners expect in this size range. Every detail, from bathroom height to kitchen layout, has been crafted with liveability in mind."Current construction status includes completed hull, superstructure, and deck awaiting pre-paint treatment. Engine installation and interior assembly are underway, with the engine room reported to be 80% complete.Credits: Forte Yachts
September 18, 2025
Royal Huisman has unveiled a 50-meter concept yacht named AERA. The design incorporates a wing sail system and fuel cell technology aimed at reducing emissions. The concept follows the shipyard's 2024 launch of Project Tidal Shift, an environmental initiative focused on ecological preservation.The yacht's wing sail, developed by Artemis Technologies and Rondal, measures 245 square meters and is capable of rotating 360 degrees. The unstayed wing sail system does not require traditional sails, sheets, blocks, or winches. Two electric motors inside the yacht rotate the mast, while hydraulic cylinders control adjustable flaps along its trailing edge.AERA is designed to operate under 500 gross tonnage. The concept results from a collaboration between Royal Huisman, Rondal, designer Cor D. Rover, and Artemis Technologies. The design allows the vessel to function under both sail and power.Royal Huisman previously delivered the world's first hybrid superyacht, Ethereal, in 2009. The shipyard states that AERA represents a continuation of its focus on integrating new technologies to address sustainability in yacht building.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.Credit: Royal Huisman
September 17, 2025
Tankoa Yachts has completed the acquisition of the business division of Otam. The transaction, finalized in agreement with both companies' founding families, includes the Otam brand and its historic shipyard in Genoa. The dockyard facilities in Santa Margherita Ligure remain under the current ownership.The acquired Genoa facility comprises approximately 4,800 square meters of covered areas, 3,300 square meters of open-air spaces, and a water basin of nearly 10,000 square meters. Tankoa Yachts plans to implement a restructuring program that will include extending concessions, reorganizing the areas, and constructing new production sheds.The operation includes the integration of Otam's workforce into Tankoa Yachts. All employees are being transferred to ensure job continuity and to add new skills and experience to the shipyard.The Otam brand, with its existing heritage and international reputation, becomes part of Tankoa's portfolio. Tankoa Yachts stated it will preserve the brand's legacy while defining a strategy aligned with its long-term vision.This acquisition represents a continuation of the expansion project Tankoa Yachts presented at the beginning of 2025 and strengthens the company's presence in the Genoa region.Credits: Tankoa Yacht
September 17, 2025
Sanlorenzo will present a fleet of eight yachts at the 65th Genoa International Boat Show, scheduled from September 18 to 23, 2025. The exhibition will be headlined by the Italian public debut of the new SL110A model.SL110AThe 33-meter SL110A represents the latest evolution of the shipyard's asymmetrical line. Its exterior design was developed by Zuccon International Project, with interior spaces curated by Piero Lissoni. The yacht achieves a top speed of 27 knots. Notable features include an owner's suite spanning the vessel's full beam with direct access to a forward pool area.SL86AThe display will include several other models from Sanlorenzo's product lines. The Smart Performance series will be represented by the SP92 sports yacht. The asymmetrical line will feature both the SL86A and SL90A models. The semi-displacement range will include the SD90 and SD96, designed for flexible interior layouts. The SX100 and SX88 crossovers, blending flybridge motor yacht features with explorer yacht characteristics, will complete the presentation.SD90This extensive showcase marks Sanlorenzo's participation in one of Italy's principal nautical events. The shipyard's presence at the Genoa show underscores its continued focus on the domestic market and its diversified product portfolio. Sanlorenzo was founded in 1958 in Viareggio by yacht builder Gionvanni Jannetti. In 2005, Massimo Perrotti became the majority shareholder in the shipyard. Sanlorenzo builds yachts ranging from 28.60 to 73 meters in length. Credits: Guillaume Plisson; all provided by Sanlorenzo
September 17, 2025
Zeelander Yachts will present its new flagship model, the 24-meter Zeelander 8, for the first time at the Monaco Yacht Show 2025. The yacht will be located at berth C27 Quai Chicane during the event, which takes place from September 24 to 27.The yacht features a layout with social areas on the main deck, including lounging and dining spaces, along with a galley. The lower deck contains three guest cabins. The master stateroom is positioned amidships and includes windows and a headroom exceeding 2.1 meters. The first hull includes customized modifications, such as relocating the galley to the starboard side of the salon and integrating the bar area with the cockpit.The yacht is equipped with a large targa sunroof and retractable aft doors. Sound levels are reported to measure below 65 dBA at its full speed of 32 knots. The yacht can reach speeds of up to 40 knots with optional larger engines.Each hull is built to owner specifications, with customization handled by the shipyard's engineering team. The exterior design maintains the stylistic features consistent with other yachts in the Zeelander range.Zeelander Yachts was founded in 2002 in the Netherlands by Sietse Koopmans. The first model was unveiled to the public in 2008. The launch model Z44 received positive reviews at the Monaco Yacht Show and drew enormous crowds, despite being at an event dominated by much larger yachts. Within three years, the Z44 had been successfully introduced to the US as well as Europe, and it was an obvious direction to add a larger model to the fleet. The first Z55 was delivered in November 2015, and the flagship Z72 was launched in March 2019.Credit: Tom van Oossanen/Zeelander Yachts
September 16, 2025