Mondomarine Bankruptcy Hearing Postponed to July

A court hearing earlier this week to determine Mondomarine’s financial future resulted in no decision. This, despite four requests put to the court to declare it bankrupt, and a possible agreement with foreign investors. It’s the latest of several situations that have an air of uncertainty hanging over the shipyard and its sister yard, Cantieri Continue reading

PHOTO: Facebook/Mondomarine

Mondomarine Lays Off Staff, Faces Further Challenges

Following temporary layoffs last month affecting 100 craftspeople, Mondomarine reached agreement with the workers’ unions late last week to pay some wages. The figure is less than what the unions sought, and more than what the shipyard offered. The financial challenges for Mondomarine, however, continue. The unions news comes via reports by La Stampa newspaper Continue reading

Mondomarine M42 Atlas, to Shoulder Significant Voyages

Two currently consistent developments in yachting are: (1) more Americans are buying, and (2) more buyers want to travel, extensively so. These influenced the creation of the Mondomarine M42 Atlas project. Designed with Gregory C. Marshall Naval Architect, the globetrotter is tailored to U.S. owners. She’s further capable of crossing the Atlantic to Europe and Continue reading