Market News

Cobra Yacht has offered a first look inside the 40m Illusion II (ex. Reef Chief) following a major 11-month rebuild in Bodrum, Turkey. Delivered in 1991 by Australian yard Lloyds Ships to a design by Phil Curran, she now sports an altered superstructure design, refreshed hull and brand-new hardtop courtesy of Scaro Design.

The iconic 60.96-meter Feadship, Samadhi, has made a triumphant return to the renowned Feadship Amsterdam Shipyard, embarking on an exhilarating journey of renovation and enhancement. Launched in 2006, Samadhi has graced the seas with elegance, and now, it's time for a new chapter of refinement.

Turkish shipyard FDC Yachts and Red Yacht Design have joined forces on a new 26.2-metre yacht project with construction slated to begin in March of this year. Known as Project Fiducia 86, the vessel is being built on speculation and is expected for delivery during the summer of 2025.

A new 25.5-metre limited edition 80 Veloce fast motor yacht has joined the market with Gabriele Modica Ragusa of Northrop & Johnson. Being built of carbon fibre in Italy at Cantieri di Pisa, with completion scheduled in time for the 2024 summer season, the new owner can still choose the layout and specify finishes.

A $1,049,999 price drop has been announced on the 30.1-metre motor yacht Gladius, listed for sale with Wes Sanford and Sean Doyle of Northrop & Johnson. Delivered in 2021 from Ferretti Yachts, the 1000 model was constructed with a GRP hull and carbon fibre superstructure. Designed in a sporty style by Filippo Salvetti, she features twin decks defined by sharp and angular lines.