533 | Settembre 2006

The unabridged edition with photos of our quarterly magazine dedicated to the largest and most luxurious boats with technical data, images, articles, information and news from the market

Alternate addresses
1. Superyacht n. 533
2. SuperYacht n. 533
3. Super Yacht n. 533
4. Super-Yacht n. 533

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From super to mega
In the last number we talked about a superyacht market which does not appear to be subject to fluctuations but rather seems obliged to grow even more in the sizes of the units built. In effect there are increasing requests for boats over the 50 metre threshold. A greater demand for bigger vessels on the international market obviously opens up new frontiers for all shipyards, stimulated to get involved in the largest sizes due to the great value represented by each individual unit produced, which can really pump up turnover. In order to tackle these new niches - since in any case it is a very small market numerically - certain brands are already envisaging large scale development plans in the short and medium term which concern all aspects of the yard: financial, production and therefore infrastructural, but also commercial. In Italy there are already several shipyards raising their sights higher, such as CRN, a successful company in constant growth whose development plans, together with those of Ferretti Yachts, Pershing and Riva (also on the 24 metre plus market) contribute to rendering credible - and we hope successful - the announced return of the Ferretti Group to being quoted on the Stock Exchange. Permira, a financial colossus which recently closed the biggest private equity fund in Europe - no less than 11 billion euros - and which owns 70% of the Forlì Group, envisages an increase in capital as part of the operation and, at the same time, a gradual selling of part of its shares portfolio. This in the future will lead the fund to definitive exit from ownership. The resources collected through the Group's quotation on the Stock Exchange could be used for further acquisitions, so we can in no way exclude further market strikes bringing new brands under the Ferretti aegis. A company entering the absolutely most rarefied and toughest market - from seventy metres upwards - and doing so in spite of being a neophyte in yachting, is Fincantieri, which has all the credentials for stepping into the ring with the leading international competitors. The yard has nothing to learn about vessel design and shipbuilding. As for the aspects not included in its technical and cultural background, in Benetti it has found a more than valid partner from which to draw specific know-how. So the first contract has been signed for a vessel bearing the name of Fincantieri Yachts. Nothing less than a 134 metre megayacht to be built in the Muggiano yards which normally deal with submarines and military vessels. Launching is forecast for 2010, which will mark the official entry of Italy's biggest shipyard into the most exclusive yachting sector. Consequently Italy, already world leader in the construction of 24 metre plus boats, will come to compete on the over 100 steel "gigayacht" market where formerly it was not a player. But there are also those who enter the superyacht world by crossing more normal thresholds. Just a few days before the debut of the yard's new flagship and first superyacht - the Aicon 85 Fly - the Aicon SpA board of directors, whose Chairman is the architect Lino Siclari, passed a motion to begin the project for flotation on the Stock Exchange and officially presented the companies to which the operation has been entrusted: Credit Suisse and UBM in the role of joint global coordinator of the initial public offering, Clifford Chance as legal adviser for the operation and Aurea Corporate Finance as financial adviser to the Aicon Group. Here too the shipyard's development plans are important and ambitious since they envisage the launching of ten new models by 2009, two of which are semi-displacement superyachts between 100 and 130 feet. This will undoubtedly have a positive effect on turnover. ( Fabio Petrone )

Le barche
Lurssen Yachts Oasis
Van Dam 100' Nordia Traditional
Benetti Vision 05 Idyllwild
Royal Huisman Arcadia
CRN Ability
Westport 164'
Shamrock V, a challenge across time
Azimut 85 Gt Yacht
Bloemsma & Van Breemen, Griffioen

Il mercato
Codecasa Moneikos 62
Baglietto Blue Scorpion
Abeking & Rasmussen 6478
Astondoa A-122 GLX
Lürssen Apoise
Delta's Laurel
Tecnomar Nadara 35 Fly Raised Bridge
Benetti Sail Division
CNL's Admiral 35
M/Y Givi by CRN
Sunreef Yachts 122
Bloemsma & Van Breemen's Valquest
Alalunga 85 Sport X
Trinity Yachts Mary P
RINA's Charter Class
The luxury superyacht market, sizes, market share and positioning
News

Gli articoli
Arte: The Cambi auction house at Mackenzie Castle
Tecnica: Optimisation and experimentation, new frontiers of ship design / 2
Tecnica: Propeller evolution, from real to virtual
Captain's corner: Heinz Krodel, Zoom Zoom Zoom
Captain's corner: David Dawes, Mirabella V
Charter: Old America and Hi-Tech
Cantieri: Growing with Growth
Cantieri: Evo Marine is coming out
Meeting: Jongert 2006 Regatta, running after the Scorpion
Design: Azimut's Yachts Styling Department
Tender & Toys: EC 120 B Colibri
Tender & Toys: Frauscher 686 Lido
Tender & Toys: Yamaha FX HO Cruiser
Marina: Marina di Olbia
Marina: The white gloved marina
Service: Eurocraft C.N. Beyond the limelight
Accessori: Challenger Hi-Solid, the turning point
Accessori: Besenzoni's watertight door
Accessori: Lorenz World Map Pro Sun