Market News

Tankoa Yachts, the distinguished Genoa-based shipyard, proudly announces the acquisition of the "Ex Privilege" area within the Port of Civitavecchia. This strategic move is a pivotal element in Tankoa's vision to establish a state-of-the-art naval shipbuilding center.

The 50-metre Wider motor yacht Stern has had a price drop of €2,000,000, listed for sale with Yachting Partners International. Designed by Fulvio De Simoni, Stern was built in aluminium by Italian yard Wider to RINA class and delivered in 2019 as Cecilia. She was the first and only Wider 165 model built and went on to collect a coveted Neptune trophy at the 2019 World Superyacht Awards. She is currently undergoing a 5-year class survey which will make her ready and prepared for the 2024 season.

Having stated his passion for yachts, Max Verstappen, known as the Flying Dutchman and the current Formula 1 world champion, shared his thoughts when asked if he could see himself in the F1 circus at the age of 40. “Yes, but possibly on a yacht watching the race. I would say not in the car, but never say never. I think I will be on a boat, though, having a drink.”

Italian shipyard Wally has unveiled its new entry-level wallywhy100 model at an exclusive Ferretti Group pre-Chirstmas event held in Venice, making its debut along the canals of the city. Stefano de Vivo, Wally’s managing director called the launch in Venice a “fitting location,” describing it as “a place where the canals run like veins carrying the lifeblood of the city, just like the saltwater that runs in the veins of everyone at Wally.”

Industry spotlight: will the marine industry weather the economic storms?