Michael Koppstein, U.S. Brand Ambassador for Lürssen: 1953-2019

Michael Koppstein, a longtime captain and U.S. representative for European superyacht builders, most recently Lürssen, died over the weekend, of a heart attack. He was 65 years old. Born in December 1953 in Australia, Koppstein grew up sailing, enjoying the pastime on weekends. While he pursued a higher-education degree in engineering design and construction, he Continue reading

Perotti Family Acquires Near-Full Sanlorenzo Stake

During the global recession, some shipyards took on investors. Sanlorenzo was one such builder, selling a percentage of ownership to a foreign company. Massimo “Max” Perotti (pictured), the yard’s chairman and CEO, recently bought back those shares. As a result, he and his family currently own all but 4 percent of Sanlorenzo’s shares.  In 2013, Continue reading

PHOTO: George Bekris

Eight Bells: Notable Megayacht Owner & Industry Passings in 2018

In seafaring tradition, the ringing of eight bells pays respect to a deceased sailor. It signifies that his or her “watch” is over. Several watches in the yachting industry ended this year—far too soon, at that. Indeed, while many a person’s passing leaves colleagues and admirers at a loss for words, 2018 seemed to hit Continue reading