Perini Navi Drops Picchiotti Brand

Establishing a brand identity is crucial to a business’ success. Even when a name has been around for centuries, though, confusion can arise. That’s among the reasons why Perini Navi decided to eliminate the Picchiotti brand. For now on, all yacht projects, power and sail, will carry the Perini Navi name. Perini Navi announced the Continue reading

Perini Navi Group Gains Capital & New CEO

Perini Navi and its sister shipyard, Picchiotti, are getting capital injections from a new investor. Simultaneously, Lamberto Tacoli (below), the longtime yachting executive, now runs the Perini Navi Group. Faber Group, the holding company for the yards and owned by Perini Navi founder Fabio Perini, retains majority ownership. However, its stake is now 50.01 percent. Continue reading

PY Heritage, a Tribute to a Renowned Designer and Shipyard

Pitched as an expedition yacht or a support vessel, the PY Heritage is the result of a first-time collaboration between an Italy-based builder and design studio.  Furthermore, she pays homage to a renowned designer who left an indelible mark before his passing about 25 years ago. The 148-foot (45-meter) PY Heritage comes from the drawing Continue reading