Motorboat & Yachting: Italian yacht maker Ferretti Group received the formal backing of the Ferrari family this week after F Investments bought a 13.2% stake.
By purchasing a 13.2% share in the yacht maker for an undisclosed sum, the luxury car dynasty has strengthened a budding partnership between the two brands.
Last month it was announced that Ferretti would be sponsoring the Ferrari Formula 1 team, with its Riva brand emblazoned on the racing drivers’ helmets.
But the collaboration dates back much further, with Riva and Ferrari launching a 32ft speedboat back in the 1990s.
The news was announced as part of Ferretti’s annual financial results, which showed that the company beat its own predictions to deliver a consolidated production value of €410m for the 2015 financial year.
What’s more, the company’s earnings (EBITDA) reached €7million – the positive figure since 2012 – and a profit of around €5million is forecast for the first quarter of 2016.
CEO Alberto Galassi said: “The year of 2015 has rewarded us with economic and financial results over the expectations and the Group has relaunched itself regaining leadership on several markets.
“This achievement would not have been possible without the introduction of innovative and cutting edge products that are the results of significant investments in research and development and of the design and construction capabilities of Ferretti Group,” he added.
The Ferretti Group plans to launch nine new models before the end of the year, including the Ferretti 450 Fly, Pershing 5X and Riva 100 Corsaro.
Yachting Boating World: Work has now finished to save the 14,000 square feet of damaged coral in the Cayman Islands that was hit by the billionaire’s $162 million mega-yacht Tatoosh in January.
The emergency restoration work on the protected reef was jointly administered by the Microsoft co-founder and billionaire Paul Allen’s company, Vulcan Inc. and The Cayman Islands Department of Environment (DoE). The work was carried out by Polaris Applied Sciences.
The Polaris team reattached 1,600 organisms, including hundreds of hard and soft corals and sponges.
The work to triage the area, which local officials say was damaged by the mega-yacht’s anchor and chain on January 14, included stabilising and removing rubble, re-creating structures, and rescuing and reattaching as much living coral as possible. More than 30 tonnes of cement and sand, along with eight tonnes of rubble, were used in the operation, says Vulcan Inc. in a statement.
The project, which took 300 hours over 24 days, was overseen by Dr. Harold Hudson, formerly of the US National Oceanic and Atmospheric Administration (NOAA) and a world leader in restoration of coral habitats.
“The reef remediation by Polaris Applied Sciences was an experienced-based approach to help minimise the damage and improve the likelihood of coral recovery in the area,” said Dr. Hudson. “The swift implementation of this plan provides the greatest chance for recovery of the affected area and I commend both Vulcan and the DoE for their efforts to help ensure its rapid completion.”
A coral restoration expert, William Precht, has been hired by The Cayman Islands Department of Environment to continue to oversee the project and monitor the area.
Motorboat & Yachting: A classic 1960s speedboat could be making a comeback this year, after a Plymouth firm has reveals plans to build a new Phantom Venom.
It all started with the Phantom 16 designed in 1969 by founder Steve Baker designed which drove to victory in the 1971 Class 3 Offshore Powerboat Championship.
Soon after, the Phantom 16 was made available to buy as a leisure boat, and 28 models were sold in the first year of production line alone.
The range also went on to spawn an 18ft variant, which was just as effective at winning races and capturing the imaginations of boat owners across the UK.
One such boater was Iain Johnson in 1980s, who vividly recalls watching Phantoms racing off Salcombe.
This made such a big impression on Iain Johnson that he has recently set about reviving the Phantom brand, which disappeared into obscurity in the 1990s.
Having bought the original moulds for the Phantom 16 and 18, Iain Johnson has founded a new yard called Phantom Sports Boats with the aim of getting this great name back on the water.
“The marine market is very much one of evolution rather than revolution, and I wanted to create a boat that was revolutionary and that people would be excited to own,” he told the Plymouth Herald.
Motorboat & Yachting: The 56m MY Seanna is now available to hire as a superyacht wedding venue after extensive refit.
MY Seanna, a 56m vessel has been approved to host wedding ceremonies aboard, with captain Todd Lee registered to officiate proceedings.
The Delta superyacht from 2001 has been extensively refitted in 2014, including a 7.6m stern extension, which makes the sun deck well suited for hosting superyacht wedding ceremonies.
When moored up, MY Seanna has room for 150 guests and overnight accommodation for up to 12 members of the bridal party. And of course, the happy couple can afterwards slip the moorings and head off on a superyacht honeymoon as part of the one-week charter deal.
The superyact has lavish interiors in white marble and 22-carat gold leaf, and some of the key features include an outdoor cinema with a 132” screen and a waterfall Jacuzzi with swim-up bar.
Prices for a superyacht wedding aboard MY Seanna include winter in the Caribbean with prices from $350,000 per week and summer in the Mediterranean, priced from €310,000 per week.
Motorboat & Yachting: According to a new study about superyacht ownership, the report has found that Middle Eastern owners own a large proportion of most luxurious and longest vessels in the world.
A market survey by the Superyacht Builders Association has found that Middle Eastern owners still dominates. A grand total of 193 superyachts are owned by high-net-worth individuals from the Middle East, representing 12% of the global fleet of vessels measuring 131ft or longer.
The study also found that the average length of a superyacht owned by a Middle Eastern is 206ft long. This figure is dwarfed by the world’s largest superyacht Azzam which measures 180m from bow to sternowned owned by UAE president Sheik Khalifa bin Zayed Al Nahyan.
The industry is still booming, with 755 superyachts over 24m are currently under construction, compared to 734 superyachts last year.
“The demand for superyachts from the Middle East can be classified as fairly stable over the years, while others may have been more volatile. The historic demand from this region has been vital for the growth of this sector,” said secretary general of the Superyacht Builders Association, Theo Hooning.
Yachting & Boating World: The Harry Potter author J.K Rowling has bought Johnny Depp’s 156ft yacht for £22million after holidaying onboard with her husband and two children.
J. K. Rowling, who is the author of one of the most beloved children’s book of the Harry Potter series in modern memory, has reportedly bought a superyacht owned by actor Johnny Depp.
J.K. Rowling chartered the yacht, called Amphitrite, which Depp listed for holiday when not on board. It appears she may continue Johnny Depp’s practice of chartering the vessel, which is currently listed on multiple sites at £72,000 per week.
Johnny Depp changed the name of the yacht in 2015 – formerly named Vajoliroja, a pun on the pirate flag the Jolly Roger that also blended Johnny Depp’s first name and from his ex-wife Vanessa Paradis and their two children together Lily-Rose and Jack – to Amphitrite after the sea goddess and wife of Poseidon in Greek myth as a gift to his new wife Amber Heard. He later sold the yacht to an American shipping magnate.
Johnny Depp spent £5m renovating the three-deck yacht in 2008, adding a ship-wide entertainment system, bringing water toys like kayaks, water skies, windsurf kit, snorkel gear, wakeboards, filling the five cabins with plush fabrics.
Practical Boat Owner: Simple steps to make the winter laying-up process straightforward, painless and effective.
Follow these simple steps to make the winter laying-up process straightforward, painless and effective.
While the boat’s in the water
- Leaks, cracks and creaks can be tricky to trace when the boat’s ashore. While your boat’s still in the water, take a photo or make a sketch of the affected area – or mark it with a pen – so you can subsequently identify and deal with the problem.
- If the mast is staying up, check the rig. It’s safer to send someone aloft when the boat’s in the water – and if you find anything amiss, the yard can later take the mast down at their convenience.
- While up the mast, remove masthead instruments and lights, aerials and wind indicators. They’ll last longer, and you’ll be able to check them for damage.
- If you’re going to be taking the mast down, either remove and mouse your halyards or coil them neatly at the mast foot. Oil bottlescrews and slacken them off a turn or two to make the boatyard’s job easier.
- Take as much as you can off the boat: it’s easier to empty her alongside than it is to shimmy up and down a ladder on the hardstanding. Empty lockers, bilges and cupboards, rinse them out and leave the locker lids off to aid ventilation.
- Take your sails home or to a place where they can be rinsed and dried. Think about any sail repairs now, while the sailmakers are quiet – don’t leave it until next spring, when they’re likely to be rushed off their feet.
- Take your liferaft for servicing now to avoid the service centre’s pre-season rush – that way you’ll get it back in good time for next spring.
- Take home cushions and soft furnishings, if you can – they’ll stay drier, make the boat less damp and therefore less susceptible to mildew. If you can’t take them home, prop them up so air can circulate underneath and around them.
- Drain down any water heaters or calorifiers.
- Top up your fuel tank to leave no room for the condensation that promotes the growth of diesel bug. Also consider a fuel additive.
- Empty water tanks. You can take flexible tanks home and scrub them with a bottlebrush. If you have fixed tanks, fill them with a Milton solution and let them stand before draining.
- Remove the speed transducer impeller: it could otherwise run the risk of sustaining damage from the crane strops.
- Take home anything easily removable – this is particularly important for high value items like outboard engines, chart plotters and VHF radios.
Winterising the engine
It’s important to winterise the engine to prevent damage from freezing. Some relatively quick and easy tasks can prevent big bills later on.
- Change the oil: new oil will prevent internal corrosion and protect the engine as it sits there over winter.
- When the boat’s ashore you should flush through the engine’s raw water cooling system, as salty water could slowly corrode it over winter. Close the inlet seacock and flush some fresh water through the engine while it is running – either by using a hose, or pouring it in from a jug. Once you’ve done this, pour in some antifreeze solution and stop the engine. If the boat is ashore, check with the yard beforehand to make sure the engine’s vibrations won’t shake the supports loose.
- If you have a closed-circuit cooling system, check the antifreeze level and top it up as necessary.
Before the big freeze
With the boat out of the water, what are the essentials to prevent frost damage when it turns cold?
- If you haven’t already done so, remove the boat’s sails – especially furling jibs which can flog loose in high winds and cause damage to yours and other boats in a packed boatyard.
- Wash, bail and dry the bilges and cockpit lockers with fresh water. If salty, they’ll attract moisture from the air and never dry properly.
- Make sure the scuppers are clear, so as to stop water pooling and freezing on the deck. Ensure the cockpit drains are also clear: this will be a regular task in the winter as they tend to clog up with leaves if there’s a tree nearby.
- Take the batteries home, if you can, to prevent them from being damaged by the cold. If this isn’t possible, try to keep them trickle-charged – a small solar panel is ideal for this.
- Take vulnerable items such as danbuoys and lifebuoys home, or keep them in a locker to stop them degrading.
- Flush your seacocks through to remove the salt, and grease them. It’s better to do this now rather than when they’ve seized up later in the winter. If you have traditional, Blakes-style seacocks, remove the barrels to stop them seizing up.
- Make sure the boat is well ventilated down below, or has a dehumidifier and/or heater to counteract the chill.
Motorboat & Yachting: The Pearl 95, the largest boat ever made by the Midlands outfit, will hit the water in early 2017.
Like the 65 and the 75 the design of the new flagship has been done in conjunction with Dixon Yacht Design for the exterior and engineering and former Dragons Den star Kelly Hoppen MBE has designed the interior spaces.
On board there is the option to have four of five guest cabins plus crew accommodation meaning there is sleeping space for ten guests and five crew members in total.
The standout cabin, naturally, is the master suite, which enjoys the space and extensive glazing of the forward section on the main deck.
In the saloon there are a pair of floor-to-ceiling opening side doors that lead directly out to the side decks and will allow the breeze to flow through the yacht on warmer days.
On deck, as well as the enormous flybridge with a hardtop, optional hot-tub and glazing in the deck to provide more light to the cockpit, there is a fantastic living area on the foredeck complete with two sunpads and a sofa beneath a collapsible sunshade and a “beach club” in the transom with a bar and folding buttresses each side to use as a place to swim or board the tender from.
There is a good range of engine choices, with an impressive claimed top speed of 30 knots, and as ever with Pearl the owner has free license to customise the boat to their exact tastes.
Yachting Monthly: New online company Antlos, styled on Airbnb.com, now offers skippered yacht charters, as well as money-making opportunity for yacht owners.
Antlos, a new company has developed a model for inexpensive skippered yacht charters in the Mediterranean, and is now also offering holidays in the British Virgin Islands. The online ‘marketplace’ is a website that allows skippers with yachts to offer places on board to paying guests.
For holiday-makers, this means they can now enjoy the experience of a holiday afloat, without needing to be confident sailors before they go. For yacht owners, it offers the opportunity to avoid charter brokers and agents and to find paying yacht guests directly.
Owners can set their own rates and offer flexible dates, locations, and completely customisable itineraries. The prices listed on the Antlos website even include fuel costs, marina fees and other expenses, to make sure both parties are clear on what is covered in the cost of the holiday.
Guests can choose from a single place on a boat, a private cabin or an entire yacht for their exclusive use. Launched in May 2015, the site found holidays for over 650 customers in its first season, offering sailing adventures across the Mediterranean. From as little as £64 a day, guests will be able to enjoy Caribbean sailing.
For more information on how to sign up your boat or to find a holiday, visit: www.antlos.com
Motorboat & Yachting: The latest yacht listed for sale by Berthon’s global brokerage is a terrifying $7.5m stealth boat called Ghost.
Costing a cool $7.5m (roughly £5m), Ghost is a stealth boat built that sports a low radar signature geometry, and can seat 14 people in its 38ft ‘Mission Bay’, plus two more in the cockpit.
The catamaran hull was built in 2009 by Juliet Marine and when it was first launched Bloomberg called it “too innovative for the Pentagon”.
Power comes from twin Lycoming T53 gas turbines running two 2,000hp engines, while the articulated wings should make light work of even the roughest conditions.
Gregory Sancoff, founder of Juliet Marine, said of the ride: “It’s such a smooth ride, you can sit there and drink your coffee going through six-foot swells.”
Ghost is currently moored in Portsmouth, Rhode Island, but comes with a tandem trailer and can be disassembled should you need to tow it across enemy territory.
With a price tag this pricey, it may be a little late to ask Santa for one this Christmas, but we can’t think of a better way to terrorise your local harbourmaster.
To see more pictures of the Ghost stealth boat from Juliet Marine, click on the slideshow above and for more information, see the full listing on the Berthon website.