Superyacht News

The world’s two largest trimarans launched by Latitude Yachts

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One of a pair of striking vessels launched by Latitude Yachts which will jointly hold the title of the world's largest trimarans
One of a pair of striking vessels launched by Latitude Yachts which will jointly hold the title of the world’s largest trimarans

Launching the world’s largest trimaran would be a feat worthy of mention in iteself, but Latvian based yard, Latitude Yachts have gone one better! Latitude Yachts has launched two 53 metre multihulls simultaneously. Together they hold the record for the world’s largest trimarans.

The two new trimarans called Galaxy and Galaxy of Happiness were launched in Riga in early May 2016. They are now undergoing extensive sea trials prior to delivery to their new owner in UAE.

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Innovation award for Magma Structures

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Sailing Yacht A proudly displaying her giant masts by Magma Structures
Sailing Yacht A proudly displaying her giant masts by Magma Structures

Portsmouth based composites experts, Magma Structures, has been awarded the prestigious Maritime Innovation Award presented by the Royal Institution of Naval Architects in association with QinetiQ.

The award was presented to Magma Structures’ Managing Director Clive Johnson at the annual RINA Awards Dinner at the Lancaster Hotel, London. The Maritime Innovation award was presented to Magma Structures in recognition of its innovative work on the engineering, design and manufacture of the world’s three tallest carbon free-standing composite masts built for the Sailing Superyacht ‘A’. The masts, which took over four years to design, test, and build were constructed at Magma Structures waterside manufacturing premises in Portsmouth in the UK.

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Superyacht UK Tour of Excellence 2016 a great success

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British Marine was behind the Superyacht UK Tour of Excellence 2016
British Marine was behind the Superyacht UK Tour of Excellence 2016

British Marine and its group association, Superyacht UK (SYUK), gave 17 international delegates and journalists the opportunity to visit and network with a number of key British companies who provide superior quality products and services for the superyacht sector.

The Superyacht UK Tour of Excellence, which took place over an entire week, ran from Monday 18 to Friday 22 April. During the course of the week the tour took delegates from Cornwall in the west to Sussex in the south. It was an opportunity to demonstrated Britain’s rich heritage as seafaring pioneers with truly world-class Continue reading “Superyacht UK Tour of Excellence 2016 a great success”

Superyacht UK survey reveals strong growth in the superyacht industry

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The superyacht industry is experiencing solid growth according to a recent survey
The superyacht industry is experiencing solid growth according to a recent survey

According to the recently released Superyacht UK survey, the superyacht industry grew by more than 10% to £542 million in 2014/15 writes Katy Stickland from Yacht & Boating World. Out of those surveyed, 48% reported an increase in profits. There was also a 6.9% increase in jobs.

Speaking at the launch of the report, the Head of International Development at British Marine, Richard Selby said: “Despite the challenging environment, these figures show that the UK’s marine industry is heading in the right direction. British brands are globally respected and we need to make sure that remains the case.” Continue reading “Superyacht UK survey reveals strong growth in the superyacht industry”

Former Olympian launches BlackCat Superyachts and turns superyacht builder

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The name of Mitch Booth may not be instantly recogniseable to you, but he’s an Olympics winning sailor and a multihull racer. Mitch has helmed America’s Cup craft in his time and knows his stuff. Furthermore, he has overseen the build of multihulls over the past 40 years on the water. So given his vast experience, perhaps it is not surprising that he has turned superyacht builder. Booth is the founder of BlackCat Superyachts, which plans to tap into the growing awareness of the advantages of catamarans; and what a beauty he is creating.

Booth has teamed up with Lymington, UK based Malcolm McKean Yacht Design to bring BlackCat Superyachts from concept to reality.

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Sunseeker International set to introduce vacuum bagging techniques

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Sunseeker confirms it will use the vacuum bagging technique on its yachts
Sunseeker announces it will use the vacuum bagging technique on its yachts

Sunseeker International is to join the other big boatbuilders and start using PRO-SET epoxy and vacuum bagging techniques on its yacht decks.

It made the decision following a new case study by West System International (WSI), which revealed that the technique would provide optimal finish across all of its yacht decks.

The luxury yacht builder will now use PRO-SET ADV-170 Adhesive and vacuum bagging as standard for pre-fabricated teak deck installation across some 200 boats a year.

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The next generation of superyachts by Migaloo could be ones that sail underwater

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The range of Migaloo submersible yachts has five concepts to choose from
The range of Migaloo submersible yachts has five concepts to choose from

Austrian based company, Migaloo Private Submersible Yachts, has created multiple five submersible yacht concepts that could change the yachting landscape all together forever.

Migaloo currently has five models available that can be customised according to the owner’s preference. The range in size from 236.3 feet to 928.4 feet LOA. The submersibles wuill be built according to class, flag and in accordance with US Navy Subsafe safety standards. All models have modern acrylic pressure hull designs to ensure optimal safety for all passengers and crew onboard.

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Numarine announces its 32XP Explorer concept as building starts

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Based in Gebze Kocaeli, Turkey, boat builder Numarine has announced plans to create a brand new range of world explorer superyachts. The first hull of the 32XP Series is now under construction.

The 32.5m explorer yacht is part of Numarine’s 32XP Series of adventure superyachts by yacht designer Can Yalman, which, according to Numarine, have been designed to ‘reflect a radical change that comes with unlocking new areas of the globe’.

Ranging from 16.7m to 39.6m LOA, the first 32XP has accommodation for 12 guests. Numarine state that the Numarine 32XP is ‘a blend of size and capability, fully equipped to take owners on an exceptional journey across the world’s waters’.

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‘Superyacht hub’ prepares for the Palma Superyacht Show 2016

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Palma de Mallorca, the “pearl of the Mediterranean”, is an enchanting city to visit at any time of the year. Its beautiful weather, stunning scenery and evolving culinary scene are some of the reasons that make it the ideal destination for a long weekend. For those, however, who are interested in viewing some of the most spectacular yachts in the world, the end of April provides an extra incentive: the Palma Superyacht Show 2016 which is a little over a month away now.

The Palma Superyacht Show 2016, conducted in partnership with MYBA The Worldwide Yachting Association, showcases a rich blend of sailing and motor yachts that are over 24 metres in length and has firmly established itself as the season opener in the Mediterranean. Two distinct features that set this Show apart are (i) all the yachts on display are available for sale and/or charter and (ii) the ratio between motor and sail is uniquely balanced. When combined with the relaxed atmosphere that is characteristic of Palma and the excellent networking opportunities, the result is an event not to be missed.

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Aquijo, one of the largest ever sailing superyachts built is delivered

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Aquijo, one of the largest ever sailing superyachts built is delivered
Aquijo, one of the largest ever sailing superyachts built is delivered

At 85 metres, Aquijo is set to become one of the world’s largest sailing yachts. The eagerly awaited joint venture between two of Holland’s most well known superyacht yards, Oceanco and Vitters is nearing completion and Aquijo has been delivered to her new owner.

Built under the project code name P85, Aquijo is significant as the first joint venture of this kind between the two yards, partly for her sheer size but also because of her ability to operate as a true performance sailing yacht.

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Amico & Co set to complete largest superyacht refit project in record time

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Amico & Co has announced that the 16 month conversion project currently underway on the motor yacht formerly known as Delma is almost complete, as she enters the commissioning and certification phase. The conversion, which has been undertaken at the Amico & Co shipyard in Genoa, Italy, has seen the motor yacht extended from 85m to 91.5m LOA. She has also undergone a complete rebuild and refit throughout.

This is the largest and most extensive refit project undertaken by Amico & Co and one of the largest projects of its kind ever attempted, requiring a dedicated team of nine in-house project managers and technical superintendents working in close collaboration with the owner’s representative team, headed up by Wim Koersvelt.

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Warranties now and in the future

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The Insurance Act 2015 received Royal Assent in the UK on 12 February 2015. When it comes into force in August 2016, it will represent the greatest change to insurance contract law in this country in over 100 years. It will amend certain key sections of the Marine Insurance Act 1906 including warranties, although it is worth noting that the 1906 Act has not been repealed.

On 11 August 1956, Elvis Presley released the track “Don’t be cruel”. There can be very few who have not heard this forlorn track; melancholy Elvis sitting glumly at home inconsolable as his love ignores his pain.

Under the Marine Insurance Act, 1906, any breach of a policy warranty gives insurers the option to walk away from any loss. That is any loss whether related to the breach or not. Worse still insurers are “off risk”, from the date of the breach. Coverage cannot be reinstated by remedying the breach. An insured cannot wander in and out of coverage as if he or she is calling in for a cup of tea. Very little has been as Continue reading “Warranties now and in the future”

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