Market News

Heesen announces the launch of YN 20750, code-named Project Orion, at the Oss shipyard on December 6th. This 50-meter all-aluminium hybrid yacht exemplifies Dutch craftsmanship, precision engineering, and meticulous construction. A class of its own, Project Orion offers discerning clients an exclusive opportunity to own a yacht with Dutch pedigree, ready for cruising by Spring 2025.

Northrop & Johnson has shared the news about the successful sale of the 140' (42.67m) Benetti motor yacht Skyler. Yacht Brokers Bob Fritsky and Kevin Merrigan represented the seller, while Fraser’s Stuart Larsen and Trevor Carroll guided the buyer.

The Saudi Red Sea Authority (SRSA) has issued its first three yacht chartering licenses. This comes as the region braces for increased demand driven by the opening of Sindalah and the progress of other developments within the initiative.

Ice Yachts has announced that construction has begun on the first ICE 80 Blue Water Sport yacht. In addition to becoming the new flagship of the shipyard, the vessel marks Ice Yachts’ entry into the large luxury sailing yacht segment. The ICE 80 combines exceptional performance, unmatched comfort, and an exclusive design, taking the Italian brand to a new frontier in the yachting world.

A further $500,000 price drop has been announced on the 44.2-metre Westship motor yacht Tanzanite, listed for sale with Mark Elliott of IYC.