Ferretti Group

Marco Santoro Takes Over as CEO at RMK Merrill-Stevens

Industry veteran Marco Santoro has taken the helm as chief executive officer at Miami yacht repair yard RMK Merrill-Stevens.A naval architect and marine engineer, Santoro began his career in yachting as part of the technical department at Italy's Rodriquez Yachts. In 2003, he joined Italian yacht builder the Ferretti Group as an intern in the after sales and service department, and over the course of 20 years worked his way up through a number of leadership roles, culminating as the company's vice president of refit and retail works. “My journey in this company was amazing.

Italian Sea Group Buys Bankrupt Yacht Builder for $91 Million

The Italian Sea Group said on Wednesday it had bought bankrupt luxury yacht maker Perini Navi for 80 million euros ($91 million) in an auction held by a court in Lucca, Tuscany.Italian yacht makers Ferretti Group and SanLorenzo had also offered to buy the luxury sailing brand Perini Navi, which was declared bankrupt in January.The Italian Sea Group said in a statement that the deal, funded with most of the proceeds of its IPO and through bank financing, will double its order intake for refits and lead to new contracts for the construction of 90-130 metre motor yachts.($1 = 0.8835 euros)(Report

Ferretti, Rolls-Royce Power ink pact on Hybrid, IMO III Propulsion Systems for Yachts

Rolls-Royce Power Systems and Ferretti Group are deepening their cooperation and jointly developing sustainable solutions for future yachts. A first milestone is a cooperation to install a mtu hybrid propulsion system of Rolls-Royce in a new Ferretti yacht. Alberto Galassi, CEO of Ferretti Group and Andreas Schell, CEO from Rolls-Royce Group's Power Systems Division, signed the agreement earlier this month in Cannes during the Yachting Festival. “In recent years, Ferretti Group has reported rapid growth and development, bringing beauty and innovation to the marine industry.

Custom Line Launches 14 Vessels in 2019

Italian yacht manufacturer Ferretti Group said that its brand Custom Line has achieved its goal of 14 launches in 2019 and of the sale of two Navetta 33s in December alone.Three new launches were held during the last three months at the Ferretti Group’s Superyacht Yard in Ancona: Custom Line 106’ was launched on 28 October, a Navetta 42 on 3 December, and a Navetta 28 took to the water on 12 December.These latest débuts show once again the tremendous commercial success of 28-42 metre Custom Line vessels, the leaders in comfort, technology and design.

CRN Delivers the New 79m Megayacht

Another majestic nautical work of art by CRN, the historic yard and Ferretti Group brand, has now been delivered to her owner. After the frisson of the private launch ceremony held in March, the new fully custom steel and aluminium M/Y 135 megayacht has left the extensive Superyacht Yard marina and is preparing to sail.This is a creation on a spectacular scale that fulfils the wishes of a selective, determined owner to perfection. His yacht is the fantastic result of a new collaboration between CRN…

W/Yachts to Market Ferretti Yachts

Italian multinational shipbuilding company Ferretti Group expands its presence in Europe and announces a new dealership agreement with W / Yachts, that will dedicate itself to the exclusive marketing of Pershing and Ferretti Yachts brands in Poland.The partnership will allow the Group to further consolidate the coverage of the assistance network in Eastern Europe, guaranteeing a full service to the shipowners of the region, starting from the order time to the post-sales.“This agreement is another important step in our ambitious process of strengthening and expanding our business.

Riva Launches 50m Superyacht

The new flagship, named “Race” by its owner, took to the seas in a ceremony at the Riva Superyachts Division shipyard in Ancona."Riva 50 mt realises the dream of Carlo Riva who, in the 1960s and ‘70s, driven by his brilliantly ambitious desire to exceed every limit, created the famous Caravelle and Atlantic series steel motor yachts of which Riva 50 mt is the worthy heir, with her peerless standards of aesthetics, style and innovation," said press release.At 50 meters long and with a maximum beam of 9 meters, she offers an outstanding experience at sea, featuring comfort, elegance, care over detail and exceptional yacht building expertise.

CRN Launched New Megayacht

Part of the Ferretti Group of luxury yacht brands, superyacht builder CRN has launched the M/Y 135, the new fully custom steel and aluminium megayacht.Over a thousand people were there to witness the occasion at an elegant private ceremony, where the majestic personality of this magnificent ship took centre stage, to the delight of all who have worked to design and build her, claimed a press release.The yacht is 79 metres long and with a beam of 13.50 metres. "Her sleek lines catch the eye, crisply emphasized by the smooth profile of her hull.

Pershing Splashes Flagship Superyacht

Pershing has announced the launch of its first aluminium superyacht, the flagship Pershing 140.The 42.53m yacht hit the water in the Ferretti Group's Super Yacht Yard in Ancona, a facility specializing in building steel and aluminium superyachts above 40 metres, said a press release from Pershing Yacht, a Ferretti Group unit."Born from a collaboration between architect Fulvio De Simoni, the Ferretti Group Product Strategy Committee led by engineer Piero Ferrari, and the Group's Engineering Department, the new 140-footer (LOA 43…

Latona to Make World Premiere in Monaco

Luxury yacht builder CRN said it will be participating in next week's Monaco Yacht Show 2018, where it will present a world premiere of a new 50-meter masterpiece, M/Y Latona.According to shipbuilder, Latona's high degree of craftsmanship and excellence stem from the successful cooperation between CRN’s Engineering Department and Interiors & Design Department with design firm Zuccon International Project. This new yacht’s technical solutions and the slender lines of her hull and bow are indeed the result of CRN Engineering Department’s outstanding skills and expertise…

Ferretti Group Debuts Three Yachts at the Miami Yacht Show

The Group to showcase 17 models, including three North American debuts: Custom Line Navetta 33, Riva 56’ Rivale and Ferretti Yachts 920. With a prestigious and impressive fleet punctuated by three North American debuts, Ferretti Group will participate in the 30th annual Miami Yacht Show, February 15th thru the 19th. Miami Beach, a paradise of glamour and luxury, will also set the sparkling stage for U.S. celebrations for the 50th anniversary of Ferretti Yachts, in the wake of recent celebrations at BOOT in Düsseldorf.

SCIBS Showcases Luxury Boating Brands

With just days to go, the upcoming 28th Sanctuary Cove International Boat Show (SCIBS) has announced its second wave of major brands set to wow crowds from May 19 to 22. Kicking off on Thursday, the premier annual marine industry event is set to showcase more than $150 million in luxury boats and accessories and will see major global, Australian and Queensland debuts by some of the world’s most renowned names in the boating industry. A mix of major brands have been confirmed in an additional wave of exhibitor announcements…

Opportunities In Euro Market Lure Aussie Boaties

Local boaties are turning to the European market for pre-owned multi-million dollar luxury vessels because of a shortfall in quality high-end stock in Australia, according to a leading marine broker. Ray White Marine CEO Rick Rodwell said Australia’s shortage of late model luxury motor yachts with low hours had come about because of the GFC. “People weren’t buying new boats during and post the GFC, so several years down the track we are feeling the effect of that protracted lull in sales,” he said.

Kennedy Named Director of Marketing

Fleet Miami has announced it has appointed Kathy Kennedy as Director of Marketing. Kennedy joins the Miami-based yachting club from her most recent position as Executive Vice President of Moore Stephens Isle of Man. Prior to that she worked with the Ferretti Group on North American market development and served as Derecktor Shipyards’ Director of Marketing during the build of the 85.6m motor yacht Cakewalk. In her new role, Kennedy will oversee Fleet Miami’s brand identity with an emphasis on outreach and business development.

Chinese Customer Signs Up for CRN Megayacht

CRN say they have signed  a Letter of Intent (LOI) with a Chinese client for a 68 metres superyacht, the biggest vessel ever sold by CRN and Ferretti Group in China. The historic Italian shipyard of Ancona, part of Ferretti Group, which specialises in the construction and sale of fully-customised displacement megayachts, ranging from 40 to 90 metres in length, will build the new vessel. The 68 metres in length and 12.50 metres in breadth megayacht, to be built of steel and aluminium, is designed by Zuccon International.

5th La Belle Classe Superyachts Business Symposium

Strength lies in unity! Yachting: an industry on the move which is getting organized! The Yacht Club de Monaco under the ‘La Belle Classe Superyachts’ banner, initiated by the YCM to unite the yachting industry and support members in this sector, held its 5th economic symposium. Over 45 professionals from across the Luxury Yachting supply chain (boatyards, brokers, designers, captains, bankers, maritime experts, lawyers, port directors and boat show organizers) attended the dinner-debate to discuss the economic situation in the yachting world.

Italian Yachbuilder WIns Chinese Boatshow Award

The Ferretti 570 wins award as  best motor yacht below 60 ft in length at the 2012 Xiamen International Boat Show. The prestigious Chinese Yachting Industry Award was awarded to the Ferretti 570, which was recognised as the Best Motor Yacht in the category below 60 feet in length. Moreover, Speedo Marine - the local dealer with whom the Ferretti Group displayed an Altura 840 during the Xiamen Show - was selected as the best dealer on the Chinese market. Moreover, Speedo Marine…