Seizure of Mega Yacht Natita Raises Questions About Using Yachts as Collateral: The recent seizure of the 66-meter megayacht Natita by the U.S. branch of Goldman Sachs raise the question of whether it is wise to use superyachts as collateral to finance business operations. Goldman Sachs seized the Oceanco-built megayacht from American oil mogul William…
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Wider 130 Megayacht Widening Builder’s Reach: The new Wider 130 mega yacht is bringing fuel-efficient diesel-electric propulsion to the smaller superyacht market while also accommodating more guests on board. Picking up where her bigger sisters left off, the Wide 130 has more than 200 square meters of on-deck space, ranging from the aft bridge deck…
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Princess Yachts, Megayacht Builder, Teams Up with Submarine Experts DeepFlight: The eighth model of the Princess 40M mega yacht, scheduled for delivery in 2018, will have an exciting feature—a DeepFlight Dragon submarine that will be specifically built into the yacht. The move isn’t surprising as US-based DeepFlight announced at last year’s Monaco Yacht Show that…
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MCY 96 Mega Yacht Debuts in Venice: Why not debut a new yacht in a picturesque setting? That’s exactly what Monte Carlo Yachts did recently when it debuted its second megayacht, the MCY 96 in front of about 400 invited guests who watched her cruise into view on the Grand Canal in Venice. Inspired by…
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Benetti Signs Contract for Fourth Hull in Mediterraneo 116 Mega Yacht Series: A first-time Benetti buyer has inked a contract on the fourth hull in the Mediterraneo 116 mega yacht series, due for delivery in early 2019. After delivery, the yacht will cruise the Mediterranean, but Hong Kong will be her ultimate home base. No…
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Gulf Craft Delivers Megayacht Sehamia: Gulf Craft has launched the second yacht in the 47-meter Majesty megayacht 155 line to an experienced owner who has previously owned three smaller vessels of the same name constructed by the Middle Eastern shipyard. The Majesty 155 is the largest motoryacht built by Gulf Craft. Noting that the each…
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Initial Details Revealed on 139-Meter Mega Yacht Project Redwood: Two years after the contract was signed for Project Redwood, Nuvolari-Lenard, the design house responsible for all aspects of her design, has revealed more details about the mega yacht currently in build at Lürssen’s facilities in Germany. Nuvolari-Lenard is responsible for the initial concept along with…
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