A few months after securing the future of Perini Navi, The Italian Sea Group has its two longstanding shipyards operational again. The Perini Navi restart entails completing a few projects and focusing solely on sailing superyachts.
Two of the three yachts in build, a ketch and a sloop, began work under prior ownership. The 197-foot (60-meter) ketch should be in the owners’ hands by the end of next year. The sloop, meanwhile, measuring 154 feet (47 meters), is set for delivery in early 2024. Finally, the third sailing yacht, a 184-foot (56-meter) ketch, should finish up at the end of 2024.
All work will take place among three sites. Perini Navi’s well-known Viareggio shipyard is for yachts up to 197 feet (60 meters). A site in La Spezia will take on bigger contracts, as will one in Marina di Carrara. The latter is where The Italian Sea Group’s Admiral and Tecnomar motoryachts launch. Notably, the Group’s CEO, Giovanni Costantino, says motoryachts are no longer part of Perini Navi’s future. Over the past decade, the brand had partnered with Vitruvius Yachts to build long-range, more efficient motoryachts, like Grace E.
The Perini Navi restart comes with some significant changes. Both the Viareggio and La Spezia facilities have staff dedicated to updating Perini Navi looks. The above-mentioned 154-foot sloop will be the first to show off what the company says are bolder styles. Additionally, Perini Navi masts and booms will use carbon fiber. So far, all Perini Navis have used aluminum. Once again, the 154-foot sloop will be the first with a carbon fiber mast, rising 205 feet (62.5 meters) tall. Overall, carbon fiber will comprise deck accessories and other components for various projects, too.
The Italian Sea Group acquired Perini Navi last December, following two failed bankruptcy auctions for the brand. A court declared Perini Navi insolvent in January 2021. At the end of the first quarter of 2020, its debt exposure was nearly €100 million ($121.3 million). As part of the insolvency declaration, the court appointed a trustee to safeguard the assets under provisional operations.
Perini Navi perininavi.it
The Italian Sea Group theitalianseagroup.com