Heesen’s biggest ever steel displacement yacht due in 2021

Heesen’s biggest ever steel displacement yacht due in 2021

Heesen’s largest ever steel displacement yacht is currently in build and due for launch in 2021. Hull and superstructure were joined in October last year and the interior fit-out is substantially completed. At 60m overall, with a half-load displacement of

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VesselsValue platform aims to offer transparency to superyacht values

VesselsValue platform aims to offer transparency to superyacht values

Greater transparency in luxury yacht values is the aim of a new automated superyacht values platform from London-based online valuation and data provider, VesselsValue. The database that underpins the automated valuations contains more than 9,000 live and on-order yachts. It

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First ever Greek Olympic Yacht Show planned

First ever Greek Olympic Yacht Show planned

The first Olympic Yacht Show is scheduled to take place in Greece between October 1st – 4th 2020. Hosted less than an hour’s drive from Athens’ centre at Olympic Marine, it is the only yacht show in Greece dedicated to

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GYG reports a ‘transformational’ 2019, after gains in New Build sector

GYG reports a ‘transformational’ 2019, after gains in New Build sector

Superyacht painting, maintenance and supply company GYG has reported a “transformational” 2019 – after winning a bigger share of the New Build sector – according to its audited final results for the year ended December 31st 2019. It also reported

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Sanlorenzo in positive position despite Covid-19 

Sanlorenzo in positive position despite Covid-19 

The Italian superyacht builder, Sanlorenzo, has published its latest preliminary financial results as of June 30th, indicating a net financial position between €24m and €26m, which it says represents a significant improvement compared with  €61m reported on 31st March.  Furthermore, adjusted earnings before

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Monaco Yacht Show 2020 cancelled due to Covid-19

Monaco Yacht Show 2020 cancelled due to Covid-19

This year’s Monaco Yacht Show has been cancelled due to the Covid-19 global pandemic. The next show – the 30th – is scheduled to take place in September 2021. The show organiser, Informa Markets, said in a statement: “Over recent weeks,

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Royal Huisman flagship nears delivery following sea trial completion 

Royal Huisman flagship nears delivery following sea trial completion 

 Sea Eagle II, the world’s largest aluminium sailing yacht, is due to be delivered next month following completion of sailing trials.    The 81m superyacht, which began construction in June 2017, was launched back in January, however due to the outbreak

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Alia Yachts’s new construction facility ‘speeds work and cuts costs’

Alia Yachts’s new construction facility ‘speeds work and cuts costs’

Alia Yachts’s new construction facility is accelerating work rates and reducing costs, according to the company. Luxury boat builder Alia Yachts claims its new 16,000sqm construction facility on Turkey’s Mediterranean coast is speeding work rates and lowering costs. Located in

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GYG reopens in Barcelona and Palma

GYG reopens in Barcelona and Palma

GYG, the superyacht painting and maintenance company, has reopened in Barcelona and Palma. It plans to reopen in La Ciotat, France later this week. GYG says that it has continued to maintain operations in Northern Europe and the US. “Despite

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Inmarsat offers 50% voice call discounts to help yacht sector during Covid-19

Inmarsat offers 50% voice call discounts to help yacht sector during Covid-19

Inmarsat is supporting the yachting sector during the Covid-19 crisis by offering 50% discount on voice-calling services.  Satellite communications company Inmarsat is offering a 50% discount on voice-calling services, 24 hours a day, until the end of June to support

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