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Several weeks after Tankoa Yachts revealed plans for a Cantieri di Pisa acquisition, the shipyard has changed course. The future for the 81-year-old megayacht builder is back to being uncertain. In January, Tankoa confirmed it intended to buy the shipyard. Vincenzo Poerio, Tankoa’s CEO, released a statement expressing confidence over the due-diligence process. “We trustContinue Reading
In a few weeks, the wooden boatbuilding and restoration operations for the storied Hacker-Craft brand will be under a new roof. The Hacker Boat Company is in the midst of relocating from one part of upstate New York to another. Hacker Boat Company is the largest American manufacturer of classic mahogany motorboats. The new facilityContinue Reading
If a court approves, a newly formed Ferretti Group and Sanlorenzo joint venture will rescue Perini Navi from bankruptcy. The two fellow Italian yacht builders issued a statement earlier today. Specifically, they have formed a new company in which each has a 50-percent ownership stake. Through that new company, they wish to make an offerContinue Reading
UPDATE, FEBRUARY 15, 2021: Yet additional suitors have stepped forward, following an Italian court declaring Perini Navi bankrupt in January. See this story, the latest development. There is a growing list of yacht builders publicly expressing interest. Previously, on February 5, Palumbo Superyachts and The Italian Sea Group each released statements. Individually, they would like toContinue Reading
The wheels in the photo here are more than eight feet (2.4 meters) in height. Soon, 32 of them will line up as part of an immense yacht hoist in Florida. The Derecktor Ft. Pierce mobile boat hoist is coming together in anticipation of lifting some of the world’s largest megayachts, starting in the springtime.Continue Reading
Nautor’s Swan is known exclusively for sailing yachts. Until now. Swan Shadow “is full of the ingredients we believe in, and we are confident that we are going to make an important statement in the power-yacht segment,” asserts Leonardo Ferragamo, the shipyard’s president. A statement indeed: The 43-foot (13.2-meter) Swan Shadow, a multi-purpose chase boat,Continue Reading