A first look at Molniya’s ‘Lightning Foil’

A first look at Molniya’s ‘Lightning Foil’

A fast, all-electric, silent sports yacht is being built in Russia. The Molniya Lighting Foil, marketed as a world first by its creators, looks to combine sustainable engineering with speed and provides a new, environmentally friendly option as a superyacht

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Flagship: Rock down to Electric Avenue

Flagship: Rock down to Electric Avenue

Eddy Grant named his famous song Electric Avenue after the first market street to be lit completely by electricity in the south London district of Brixton. Now, nearly 40 years on from the hit song’s 1983 release, superyachting is beginning

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Yacht show cancellations continue into 2021

Yacht show cancellations continue into 2021

The cancellation and postponement of yacht shows, which has become a common theme of this year in response to the global pandemic, is set to continue into 2021. Boot Dusseldorf, one of the last shows to run before the onset

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Cybersecurity: ‘A problem of naivety’

Cybersecurity: ‘A problem of naivety’

You wouldn’t leave your house open to burglars, then why leave your yacht open to hackers? We are well used to locking doors and shutting windows in our homes, however we are not so used to locking and shutting virtual

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The secret to successfully launching a new build yacht

The secret to successfully launching a new build yacht

Superyachts are a business and staff are the most important cog in the wheel, according to Tim Clarke, managing director, Quay Crew. He explains how they can play a key role in new builds. Creating a new build yacht is

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Flagship: A charterer for all seasons

Flagship: A charterer for all seasons

This summer’s charter season really did require a charterer for all seasons – much like the 1966 movie A Man For All Seasons. Charterers needed to be versatile, flexible and ready to cope with any contingency whilst delivering service appropriate to every

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Sanlorenzo: ‘Solidity and resilience’ reflected in Q3 results

Sanlorenzo: ‘Solidity and resilience’ reflected in Q3 results

Sanlorenzo’s third-quarter results demonstrate “solidity and resilience” are reflected in the third quarter results Massimo Perotti, the company’s Executive Chairperson, said during Monday’s meeting of the board. Net revenues from the sale of new yachts for 2020 reached €322.6m, down

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Flagship: Business booming stateside

Flagship: Business booming stateside

Staycation is a term we have all become more familiar with since March. In the US yachting world, the reality is no different. The market growth which began in September 2019 has continued, bar a slight stutter due to March’s

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Rosetti to build new facility for 100m superyachts

Rosetti to build new facility for 100m superyachts

Rosetti Superyachts (RSY) is expanding its facilities to accommodate construction of 100m-plus superyachts. RSY has obtained planning approval from local authorities for an improvement to its current facility the San Vitale shipyard in Ravenna, northern Italy. Ermanno Bellettini, CEO of

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Sanlorenzo and UniCredit announce credit deal worth €20m

Sanlorenzo and UniCredit announce credit deal worth €20m

Sanlorenzo and UniCredit have signed an agreement for a credit line of €15m aimed at supporting companies within the shipbuilder’s production chain. The agreement allows immediate access to liquidity, funds will be available to Sanlorenzo suppliers first to finance their

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