The Italian Sea Group Announces Resale of Admiral 72 | Giorgio Armani Megayacht

The Italian Sea Group has announced the resale of the first Admiral 72 | Giorgio Armani megayacht, which is currently under construction. This sale was facilitated by Michel Chryssicopoulos, Global Managing Partner of IYC, representing the seller, and Darrell Hall of YachtZoo, representing the new buyer.

The Admiral 72 | Giorgio Armani is the first of two megayachts designed entirely by Giorgio Armani. The yacht features Armani’s signature style in both its exterior and interior design. Originally slated for presentation at this year’s Monaco Yacht Show, the delivery has been postponed to 2025 in the United States due to customizations requested by the new owner.

Giovanni Costantino, Founder and CEO of The Italian Sea Group, commented on the sale: “The sale of the megayacht Admiral 72 | Giorgio Armani, a result of an exciting partnership of which I am extremely proud, represents further confirmation of our expansion in the Americas with the sale of the fifth Admiral megayacht. Giorgio Armani, synonymous with timeless elegance and refinement, with his stylistic vision has contributed to further increasing our aesthetic sensitivity."

Meanwhile, the construction of the second Admiral 72 | Giorgio Armani megayacht is progressing on schedule. It is expected to be delivered in the third quarter of 2025 and will debut at the Monaco Yacht Show in 2025.

The Italian Sea Group is a global operator in the luxury yachting industry, listed on Euronext Milan (“EXM”) and active in the construction and refit of motor yachts and sailing yachts up to 140 meters. The Company, led by Italian entrepreneur Giovanni Costantino, operates on the market with the brands Admiral, renown for elegant and prestigious yachts, Tecnomar, Perini Navi, and Picchiotti; the Company has a business unit, NCA Refit, that manages the maintenance and refit services for yachts and mega yachts with a length over 60 meters.