Azimut Benetti tops megayacht order book

Photo credit: Azimut Benetti Group
Photo credit: Azimut Benetti Group

Azimut Benetti Group leads the annual ranking of the largest yacht builders. With 168 projects under construction, totalling 5,991 metres in length, Azimut Benetti Group leads the annual ranking of the largest yacht builders known as the Global Order Book by Boat International.

The ranking puts the global yacht builder as the top manufacturer among 189 shipyards, both in number of projects and total length. The gap between first and second place grew sharply over the past year, as the Italian company founded by Paolo Vitelli extended its order portfolio into 2027, recording a production value of more than €1.2 billion for the current year.

Azimut Benetti Group said that the factors underlying the company’s lasting success are many, with its roots in a product strategy, a strong business model and an entrepreneurial vision that have stood the test of time, unmoved by market trends.

The group plans to invest €130 million in R&D over the next three years. While the effort aims at the development of new products and the use of cutting-edge technologies, above all it has delivered significant results for the group’s range in terms of sustainability.

A rapidly growing share of yachts produced by the group guarantees a 20 to 30% reduction in fuel consumption and therefore CO2 emissions, compared with equivalent shaft line models with hard-chine hulls. This result has been achieved by combining three key factors: The adoption of innovative propulsion systems including hybrid and electric, the development of increasingly efficient hulls and extensive use of carbon fibre to reduce weight.

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