Privilege Yard Under Bankruptcy Auction

By order of an Italian court, the defunct Privilege Yard is up for auction. Equally notable, the long-stalled, partially constructed megayacht project P430 is available for bid, too. A Civitavecchia bankruptcy court is soliciting an opening bid of €9.4 million (approximately $11.6 million at press time) for the facilities. This follows two previous unsuccessful auctions Continue reading

PHOTO: Facebook/Lauderdale Marine Center

Lauderdale Marine Center & Benetti Partner Up

Add a division of Benetti’s Benetti Americas office to the growing list of tenants at Lauderdale Marine Center. The builder saw fit to center its service and aftermarket sales team at the refit and repair yard. Covering 65 acres, Lauderdale Marine Center sits alongside the famed New River. It can handle megayachts to 200 feet (61 Continue reading