the trusted source for megayacht and superyacht information
A long-running refit project intending to transform essentially every corner of an existing motoryacht has resulted in lawsuits. The refit of Anodyne was expected for completion in 2017. However, it remains unfinished, currently sitting in a South Florida shipyard. Allegations of unpaid labor, bribery, and more surround the initial lawsuit and a countersuit. The refitContinue Reading
Jaime Botin, the owner of the sailing superyacht Adix, has received a jail sentence and fine in Spain. He stood accused of smuggling a Pablo Picasso painting out of the country aboard Adix. A court has sentenced him to 18 months in prison and is requiring him to pay €52.4 million ($58 million) in fines.Continue Reading
Sultan Qaboos bin Said, who has held the throne of Oman since seizing it in 1970, turning his country into a global diplomatic player, died last week. Additionally an avid superyacht owner, the sultan was 79 years old. The Oman News Agency released an announcement last weekend. It did not mention his cause of death.Continue Reading
For three decades, ASL GRP (Air Sea Land Group) has specialized in the armor, security, and defense industries. It is particularly experienced in providing ballistic marine protection, as well as ballistic vehicle protection. Therefore, it isn’t just another security firm expanding its operations into the megayacht market. While armor for megayachts may sound strange, sinceContinue Reading
The crew-recruitment world is seeing some consolidation. Edmiston has transferred its crew division to YPI Crew. Already effective as of January 1, the employees who previously recruited and placed megayacht deckhands, stewardesses, and more on behalf of Edmiston are now part of a 16-person YPI staff. Dating back to 2002, YPI Crew has its headquartersContinue Reading
Martin Kelsey III, a.k.a. Mike Kelsey, Jr., whose lifelong love of boating and the family business, the shipyard Palmer Johnson, led him to its helm, died of cancer on January 4. He was 57 years old. Born February 12, 1962 in Sturgeon Bay, Wisconsin, Kelsey had boating in his blood. His grandfather, the late PatrickContinue Reading