italian superyacht builders

10 Best Italian Yacht Brands: Luxury & Craftsmanship

Ciao, yacht aficionados! Max here, your guide to all things Italian. Today, let’s discover the best Italian yacht brands , epitomes of luxury and Italian nautical craftsmanship.

Join me as we explore the world of Italian luxury yachts. I will introduce you to the top Italian brands and showcase the artistry and innovation that make them stand out.

At-a-Glance: Comparison of Best Italian Yacht Brands

Below is a quick comparison of the best Italian yacht brands, highlighting their key features, craftsmanship, innovation, notable models, and range.

Italian superyachts are floating works of art embodying prestige and exceptional craftsmanship. Many of these elite yacht builders deliver unmatched sailing experiences, making Italian yachts the ultimate symbol of luxury.

Let’s explore the 10 best Italian luxury yacht brands in detail.  

Riva ( website ) embodies traditional  craftsmanship and contemporary design to produce elegant and luxurious vessels. Founded in 1842 in Sarnico, Italy, Riva quickly became a legend of the Italian nautical scene for its commitment to excellence in yacht-making.

• Taste: The brand caters to a sophisticated palate, promising an experience of unparalleled refinement onboard its fleet.
• Versatility: Riva’s range is impressively versatile. They have 19 models in production, ranging from 8 to 54 meters. The current lineup includes four categories: Flybridge, Open, Sportfly, and Superyachts.

The essence of Riva yachts lies in the luxuriant finish and the details. By combining classic lines with modern amenities, they have managed to maintain a timeless appeal.

Riva has showcased its expertise in crafting timeless vessels with models like the Aquarama. Produced from 1962 to 1996, the Aquarama line remains one of the most iconic and sought-after hallmarks in the brand’s history.

2. Ferretti Yachts

Ferretti Yachts ( website ), a prestigious Italian brand and a leader in the luxury yacht industry, is renowned for its exceptional craftsmanship and timeless design. Their range of luxury motor yachts seamlessly combines elegance, comfort, and performance, spanning lengths from 50 to 96 feet.

The lineup includes:

• INFYNITO 90 : This nearly 27-meter model epitomizes luxury and craftsmanship with its green spirit, versatile spaces, and revolutionary cruising concept.
• Flybridge Series : These yachts are celebrated for their spacious interiors and advanced technology, offering a luxurious and comfortable sailing experience.
• Targa Series : Known for their sporty, sleek designs and open decks, these yachts provide a dynamic and stylish boating experience.

The fleet includes various options, from boats with composite hulls made of advanced materials like fiberglass or carbon fiber to expansive yachts that can host large gatherings. Ferretti Yachts continuously incorporates the latest advancements to meet contemporary desires for state-of-the-art features.

Ferretti Yachts aims to create vessels that are not just means of travel but luxurious traveling homes equipped with all the amenities expected at the pinnacle of on-water living.

They embody the Ferretti Group’s dedication to evoking emotion, fulfilling dreams, and catering to desires, ensuring every client experiences something extraordinary.

3. Pershing

Pershing ( website ), a renowned sector of the Ferretti Group , stands out in the yachting world for its commitment to performance and innovation .

These luxury yachts boast remarkable speed and cutting-edge design, ensuring they remain at the forefront of the yachting industry.

With a history dating back to 1985, Pershing has continually set itself apart through a dedication to excellence. Each yacht combines luxury and performance, featuring sleek lines and high speeds, making it a dominant presence on the water.

Key Features of Pershing Yachts:

• Speed: High-performance engines for impressive speeds.
• Design: Bold, contemporary designs with attention to detail.
• Luxury: Premium materials and sumptuous living spaces.
• Innovation: State-of-the-art technology for navigational excellence.

Pershing’s advanced technologies are seamlessly integrated, which enables a harmonious blend of speed and control.

Their commitment to  luxury is evident in the exclusive onboard living experience, characterized by sophisticated interiors and unmatched comfort.

The fleet ranges in size and style, but consistent with all models, is Pershing’s signature approach to creating yachts that are not just vessels but symbols of prestige and innovation on the sea.

4. Mangusta

Mangusta ( website ), a prominent identity in the world of luxury yachting, strikes a balance between luxurious comfort and high performance.

Founded in 1985 by the Balducci family, this Italian brand initially focused on creating fast, accessible open yachts.

Today, the company, part of the Overmarine Group, produces three main lines: the Maxi Open, the Oceano, and the GranSport series.

• Maxi Open Line : This category includes models ranging from 94 to 215 feet, known for their sleek, sporty designs and high-speed performance.
• Oceano Line : Offers long-range superyachts from 141 to 197 feet, featuring steel displacement hulls designed for extended cruising.
• GranSport Line : Combines high-speed performance with long-range capabilities, with models starting at 108 feet.

Overall, Mangusta produces luxury sports yachts and voyage superyachts ranging from 94 to 215 feet in length, emphasizing elegance, performance, and cutting-edge design​ 

The Mangusta GranSport 54, named  El Leon , is a testament to the brand’s engineering capabilities. It crossed the Atlantic, covering 4,800 nautical miles in six days, a feat of endurance and speed that reflects Mangusta’s dedication to remarkable yachting experiences.

CRN ( website ), founded in 1963 as part of the prestigious Ferretti Group, epitomizes Italian superyacht creation. The CRN fleet presently includes over 200 vessels, including military and commercial ships and luxury yachts.

They have built a reputation as industry leaders in bespoke luxury yachts, combining elegance with customization for a discerning clientele.

A deep commitment to tailor-made craftsmanship is at the core of CRN’s philosophy. Each vessel is built to the personal specifications of its owner, allowing for unparalleled levels of  customization .

This approach ensures that no two CRN yachts are ever alike, reflecting their owners’ tastes and needs.

• Bespoke Design : CRN prides itself on translating clients’ visions into floating masterpieces.
• Material Quality : Only the finest materials are sourced for every yacht, contributing to their elegance and durability.

Benetti ( website ) is a paragon of luxury yachting, marrying Italian elegance with exceptional craftsmanship since 1873.

Renowned for its unique design and expansive interior spaces , Benetti’s fleet encapsulates the essence of bespoke maritime excellence.

The marque’s yachts for sale range from classic styles to modern superyachts , each tailored to meet the discerning tastes of its clientele.

With a heritage stretching back to Lorenzo Benetti’s original vision, the company has become a global player in luxury yachts.

Benetti is noted for its commitment to sustainability. It is responsible for creating the world’s largest hybrid yacht , demonstrating its ability to innovate while remaining true to its roots. Benetti was acquired by Azimut Spa in 1985.

Azimut ( website ), a leader in luxury yachting, epitomizes Italian excellence in both craftsmanship and innovation. Established over fifty years ago, Azimut is known for its high-quality, forward-thinking design in prestigious yacht construction.

• Innovation : Azimut integrates advanced technologies and revolutionary concepts into its yacht designs.
• Craftsmanship : The meticulous Italian craftsmanship is evident in every detail of the Azimut yachts, inside and out.
• Range : The fleet includes a variety of models, each showcasing luxury and high performance.

A prime example of their design innovation is the Azimut Grande Trideck, which features a luxurious fore lounge that enhances the bow area, seamlessly blending comfort with panoramic sea views.

Similarly, the Grande 32M’s Flex Deck extends the cockpit into an expansive ocean terrace, maximizing outdoor space and guest experience.

Additionally, Azimut employs nanotechnologies for anti-fouling coatings, reducing environmental impact and extending the lifespan of their yachts.

This blend of Italian style and functional refinement places Azimut yachts at the forefront of the marine luxury sector.

8. Custom Line

Custom Line ( website ) is a distinguished subsidiary of the prominent Ferretti Group, acclaimed for its array of luxury yachts. It exemplifies Italian maritime craftsmanship, showcasing a blend of comfort, elegance, and cutting-edge technology.

Custom Line yachts are renowned for their high degree of personalization. They offer their clientele the freedom to tailor numerous facets of the yacht to individual tastes and preferences.

The fleet typically includes models like the Navetta , designed for long cruising ranges, balancing robustness and luxury.

Notably, the Custom Line Navetta 38 exemplifies this blend, offering a respectable top speed and an impressive range, ideal for seafarers who prioritize performance and opulence.

Custom Line’s attention to detail is evident in the vessels’ performance and living spaces.

They often utilize extensive glazing and open areas to seamlessly blend indoor and outdoor areas, creating an airy and expansive environment that heightens the sense of luxury.

9. Sanlorenzo

Established in 1958, Sanlorenzo ( website ) has become renowned in the Italian nautical scene, celebrated for its bespoke craftsmanship and innovative designs. 

Initially building traditional wooden sailing boats, the company transitioned to high-quality motor yachts in the 1960s, adapting to market demands while maintaining exceptional attention to detail.

The shipyard intimately involves customers in the construction process, allowing extensive customization. Innovation is key to its operations, and new technologies and design methods are continuously adopted to enhance performance, comfort, and sustainability. 

This blend of tradition and modernity positions Sanlorenzo as a leader in the luxury yacht market. Their models, including the SL, SD, and SX ranges, cater to diverse yachting preferences.

Sanlorenzo yachts are known for their elegant lines, refined proportions, and innovative use of space. They offer an unparalleled boating experience. 

10. Rossinavi

Rossinavi ( website ), an esteemed Italian yacht brand, is known for its luxurious, custom-built superyachts.

Founded in the 1970s by Claudio and Paride Rossi, the company initially focused on metal fabrication and contract parts before expanding into the construction of luxury vessels. 

Renamed Rossinavi in 2007, the brand has become synonymous with innovation and Italian craftsmanship in the high-end nautical sector.

Rossinavi specializes in constructing custom yachts primarily from steel and aluminum, with lengths starting at 28 meters and extending beyond. Each yacht is meticulously crafted to reflect the individuality and preferences of its owner, ensuring a unique and personalized experience.

Innovation is a cornerstone of Rossinavi’s operations, evident in its use of advanced technologies such as diesel-electric propulsion systems .

Rossinavi collaborates with leading designers and brands, including partnerships with Pininfarina and Camper & Nicholsons, to create cutting-edge designs and high-performance yachts.

Rossinavi’s yachts are celebrated for their elegant design, combining tradition with modernity to produce functional and aesthetically pleasing vessels. 

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The 13 Best Italian Yacht Brands

Who doesn’t dream of having a luxurious yacht they could use on their sea getaway? If you’re thinking of purchasing one, consider Italian yacht brands – and don’t decide without reading this article.

Because of their unique dimensions and exceptionally well-planned interiors, Italian yachts are a top favorite in the yachting industry. The vessels are typically larger than 24 meters in length and include beautifully crafted and designed superyachts and megayachts. Italian yachts are frequently preferred by buyers due to their comfort and size.

The 13 best Italian yacht brands are listed in this article to show you the best options to consider when buying a yacht.

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Table of Contents

Whether you’re looking for mega yachts for sale or a luxury vessel, read on to learn about the best Italian yacht brands so you can make an informed investment decision.

1. Fincantieri Yachts

Only in Italy can a Fincantieri yacht be built. It is one of the most famous Italian yacht brands today.

Italy inspires the builders through their surroundings, infusing the magic of beauty into every yacht they build. These yachts are characterized by skilled craftsmanship that reaches new heights, touching the pinnacles of style and refinement.

Fincantieri Yachts represents the pinnacle of Made in Italy excellence. Every Fincantieri yacht is an unrivaled combination of one-of-a-kind and outstandingly original details designed to last and impress.

People who appreciate the extraordinary want to fill their lives with a yacht from this Italian builder as a lasting symbol and an essential example to astound experts and laypeople alike.

2. Benetti Yachts

Benetti is one of the oldest manufacturers of Italian luxury yachts, celebrating Italian excellence worldwide. Lorenzo Benetti founded the shipyard in 1873 to build wood boats for domestic and international commercial use.

With the outbreak of World War II, the shipyard began manufacturing recreational steel boats. Later, in the 1960s, the company started building the first large-scale luxury yachts.

Azimut Holding transformed the shipyard into a modern, technologically innovative company in 1985. Benetti now builds superyachts in Viareggio, Fano, and Livorno shipyards.

Benetti’s product line includes seven motor yachts measuring 95 feet or longer. This Italian yacht builder also produces custom boats in the superyachts and gigayacht divisions.

3. Perini Navi

Perini Navi was founded in 1983 in Viareggio by Fabio Perini, who launched a prototype sailing yacht with plenty of living space that could be sailed with a small crew. These layouts aligned Perini Navia among the best Italian yacht brands.

That vision evolved into the world’s most successful fleet of large bluewater cruisers. Perini then expanded his business by acquiring the Picchiotti shipyard, a pioneer in constructing luxury motor vessels.

4. Mangusta Yachts

Mangusta was established in 1985 as a brand specializing in accessible, fast ships. The company has since produced over 300 yachts, a number of which are luxury sports yachts and voyage superyachts with lengths ranging from 104 to 215 feet.

True yacht enthusiasts also sell yachts that can be constructed from the ground up.

The Balducci family owns the company, which makes beautiful Italian boats in the shipyards of Viareggio and Pisa in the Tuscany region.

5. Pershing Yacht

Pershing luxury yacht builders are experts at making high-performance motor yachts that range from 14.24 to 35 meters. This Italian yacht brand is based in Mondolfo in Central Italy’s Marche region.

Pershing Yacht has a remarkable reputation in the industry. Their yachts for sale are well-known for their advanced propulsion, aesthetics, and functionality.

The company is owned by the Italian yacht-building brand Ferretti Group.

6. Azimut Yachts

In 1969, a young college student named Paolo Vitelli started a sailboat rental business called Azimut Srl. Azimut boats have a unique and beautiful style that is very Italian. This was the start of Azimut Yachts.

In 1970, a few high-end Italian yacht brands gave the new company the responsibility of selling their boats all over Italy. Business people say that the look is why a buyer chooses an Azimut yacht over another Italian luxury yacht brand.

But the company is good at developing new ways to do things and using nanotechnologies to make anti-fouling coatings that last longer and hurt aquatic organisms less. Today, Azimut has become one of the best Italian yacht brands that money can buy.

7. Wally Yachts

Wally, a world leader in yachting technology, combines cutting-edge technology with modern design. This Italian yacht builder is always looking for ways to improve on-the-water enjoyment through performance, comfort, and style.

Wally was founded by Luca Bassani, a passionate yachtsman and visionary entrepreneur, and changed the concept of cruising yachts, creating an iconic brand in both the yachting industry and the luxury market.

Since its inception in Monaco in 1994, Wally has launched unrivaled yachts while continuously innovating the products through an intensive, one-of-a-kind research and development program.

While originally a Monegasque brand, Wally joined Italian Ferretti Group in 2019 and its yachts have been built in the Ferretti Group shipyards in Ancona, Italy, since.

8. Riva Yacht

The historic shipyard where Riva motorboats are made is one of the most famous Italian yacht brands labeled as “ Made in Italy ” nautical projects.

The Riva brand was started in 1852 in Sarnico, Italy, on the shores of Lake Iseo. Since then, Pietro Riva has become a legend in the Italian boating world.

At first, the shipyard fixed up and built local fishing boats and passenger ships. Ernesto, Pietro’s uncle, saw how vital motors were and started making bigger and bigger boats. And the rest, they say, is history.

9. Custom Line Yacht

Custom Line was started in 1996 as an addition to Ferretti’s flybridge fleet, which had boats between 12 and 25 meters long.

Today, Custom Line is an exclusive line of yachts with all the features of fiberglass flying bridge planing boats longer than 30 meters and many ways to make them your own.

Ferretti has made headway into the Middle East, where its legendary comfort (while driving and at rest) is valued.

10. Rossinavi

Rossinavi is an Italian company that builds custom steel and aluminum superyachts from 28 meters and up. It is based at the Rossi shipyard in Viareggio, in the northwest of Italy.

In the 1970s, Claudio and Paride Rossi started the first Rossi shipyard. They focused on woodworking and mechanics. Because the family has always been very knowledgeable about architecture and principles, they were at the top of their field.

Rossinavi is an expert in building with aluminum and steel, and each yacht is made with unique parts. To ensure everything is correct, the superyacht shipyard gets all its components only from approved and authorized manufacturers.

11. Sanlorenzo Yacht

Gianfranco Cecchi and Giuliano Pecchia started the Sanlorenzo shipyard in Viareggio in 1958. They made boats in the shed of the old Canottieri Berchielli, their headquarters.

It wasn’t until 1972 when Giovanni Jannetti managed the company that it became popular for its luxury, beauty, strength, dependability, and stunning interiors.

Sanlorenzo designs and builds luxurious Italian sailing yachts and superyachts from resin-infused fiberglass, aluminum, and steel. The designer’s specialties include maritime architecture, yacht layout, high-tech layout, sales, and marketing.

12. CRN Yacht

Sanzio Nicolini, an entrepreneur, started the shipyard in Ancona in 1963 to build steel and aluminum yachts for the upscale patrons. After two decades, CRN’s clients were mostly Middle Eastern royalty and wealthy Greeks who preferred large yachts.

Today, CRN has become one of the best Italian yacht brands – a global leader and symbol of Italian design, elegance, and competence. The CRN fleet currently numbers over 200 ships, including military and commercial vessels and luxury yachts.

A worldwide symbol of advancement in Italian shipbuilding, CRN creates yachts from the owner’s imagination using his own hands.

13. Picchiotti Yachts

Picchiotti built Italy’s first motor yacht, L’Espresso , in 1902. In 1905, it launched the yacht Espero and built Giacomo Puccini’s famous little lake boat called Liu’ .

Picchiotti helped revive the leisure yachting industry after World War II by building the M/Y Kon Tiki in 1947, M/Y Anita in 1955, and the Solitaire , a 42.4m motor yacht in 1977.

In 1982, the Picchiotti fleet’s flagship – the 103-meter Al Said – was built in Marina di Carrara at the Nuovi Cantieri Apuania, now part of The Italian Sea Group.

Picchiotti, under the Perini Navi group, supplied 3 newly manufactured yachts of the Vitruvius Explorer Series between 2010 and 2014: the 50m Falco Moscata , formerly Exuma ; the 55m Galileo G ; and the 73m Nautilus , formerly Grace E .

A DECK ABOVE THE REST

Our yachts are not simply dreams.

They are the power of imagination. Every journey starts with a dream. But the  Mangusta experience goes beyond pure desire. It pushes you to explore your imagination, daring you to reach new limits. It leads you to search for something that still does not exist, or has not been discovered. Not as dreamers, but as Dream Shapers.

Mangusta Maxi Open Rev

Mangusta gransport, mangusta oceano, where dreams are shaped..

Located in Tuscany near Massa, Viareggio and Pisa, the company’s various production sites total approximately 190,000 square metres.

EL LEON: ITALIAN SHIPYARD, ITALIAN OWNER, ITALIAN CAPTAIN

El Leon, a 54 m GranSport yacht – the largest ever built by Overmarine Group – was the first Mangusta to cross the Atlantic Ocean and cruise around the world.

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Get ready for the unveiling., another mangusta 104 rev hits the water, the mangusta oceano 50 flagship hits the water, in memory of giuseppe balducci, the new mangusta 132e has officially been launched., ninth mangusta gransport 33 launched, the second mangusta oceano 39 is now in the water, third mangusta 165 rev launched, eighth mangusta gransport 33 hits the water, mangusta 104 rev: sixth hull hits the water, mangusta at palm beach international boat show 2024, mangusta at miami international boat show 2024, mangusta at boot düsseldorf 2024, mo39.1 and mo50.3 finalists at boat international design and innovation awards 2024, mangusta at flibs 2023, mangusta oceano 39 at the world yachts trophies 2023, mangusta at monaco yacht show 2023, mangusta at cannes yachting festival 2023, the fifth mangusta 104 rev hits the water, the second mangusta 165 rev has been launched, mangusta 165rev.1 – n1 is winner of the 35th annual best of the best awards in the marine category, the first mangusta oceano 39 hits the water, the mangusta oceano flagship hits the water, mangusta at palm beach international boat show 2023, sixth mangusta gransport 33 now launched, boat international design & innovation awards 2023 the mangusta 165rev wins in the “outstanding exterior design, motor yachts 40m to 59.9m” category, mangusta at boot düsseldorf 2023, m165rev finalist at boat international design and innovation awards 2023, mangusta oceano 50 awarded as the “best of show” at the fort lauderdale boat show 2022, mangusta oceano 50 us premiere at flibs 2022, mangusta at flibs 2022, second unit of mangusta 165rev, flagship of the maxi open line, now sold, monaco yacht show 2022 | world premiere the new mangusta 165rev and mangusta oceano 44, monaco yacht show 2022, mangusta oceano 44 at the world yachts trophies 2022, mangusta 165 rev at the world yachts trophies 2022, cannes yachting festival 2022, fifth mangusta gransport 33 now launched, save the date – mangusta at cannes yachting festival & mys 2022, mangusta 165 rev: the future of maxi open yachts is now., the second unit of flagship mangusta oceano 50 hits the water, mangusta 104 rev’s success continues in the usa, mangusta yachts triumphs at the world superyacht awards 2022, the fourth mangusta gransport 33 hits the water, mangusta 104 rev voting open, the second mangusta 104 rev hits the water, fifth unit of mangusta oceano 50 now sold, ‘stream yachts’ is mangusta’s new representative in israel, mangusta 104 rev finalist at design and innovation awards 2022, mangusta gransport 33 finalist at design and innovation awards 2022, the new mangusta oceano 44 lands in the usa.

T450 | 45 mt The essence of luxury

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Top 10 luxury yacht builders 2024

The design and build of a luxury yacht is a truly personal experience. Whether customising a design to be built, or striving to create a completely new concept altogether, superyacht owners will seek to work with a yacht builder that truly understands their vision, and can translate their dream design into a real vessel.

As Royal Huisman proudly states, “If you can dream it, we can build it!”

Those buying a new superyacht will therefore have many questions to ask themselves before settling on a suitable yacht builder and shipyard facility to carry out the project. Thankfully for these prospective owners, there are a number of luxury superyacht builders that have the ability to turn the biggest mega yacht dreams into reality.

Yachting Pages introduces the world’s top luxury yacht builders and their shipyard facilities , identifying some of the best superyachts along the way.

The best luxury superyacht builders in the world

1. lürssen, germany.

Based in Germany, Lürssen is one of the world's leading shipyards for large luxury yacht building, with a focus on excellence in custom-built superyachts. A family-owned shipyard for four generations, it claims the accolade of building the world’s first motor yacht back in 1886.

Responsible for building more than 13,000 vessels since 1875, Lürssen currently has eight shipyard facilities in Northern Germany, each specialising in a specific size of yacht ranging from 60 to 220 metres (197 to 722 feet) in length. Together these facilities offer 1,125,000 metres squared of space for new builds, as well as refit, repair and maintenance services.

Lürssen builds some of the largest luxury yachts in the world, including the iconic Azzam, the world’s current largest superyacht at 180 metres (590 feet) LOA.

2. Fincantieri Yachts, Italy

Fincantieri Yachts specialises in full-custom luxury pleasure yachts over 70 metres (230 feet) with no upper limit to the size or volume that it can produce. The renowned builder currently has a range of concepts and projects, including 70-metre (230-foot) superyacht Blanche.

Having manufactured in excess of 7,000 vessels in its 230-year history, including the 140-metre (459-foot) Ocean Victory, Fincantieri has a network of 18 shipyards across four continents, two design centres and a research centre, making it one of the largest Western shipyards in the world.

3. Benetti, Italy

Founded in 1873 and headquartered in Viareggio, Benetti is the world’s largest builder of superyachts by number built, with a production capacity of 100 units per year.

Most famous for building Sir Philip Green’s 90-metre (295-foot) Lionheart in 2016, 2019 was its breakthrough year with its first 100-metre+ (328-foot+) deliveries of Lana, Luminosity and IJE. This gave Benetti 2 nd , 3 rd and 4 th spots on the Top 10 Largest Superyachts Delivered in 2019 . As of 2024, Luminosity is for sale at €135,000,000 (c. $147,000,000).

4. Feadship, Netherlands

The home of full-custom superyachts, Feadship is one of the few shipyards worldwide that works to create completely custom yachts. It has worked with superyacht owners since the 19 th century to create one-off luxury motor yachts that are truly unique.

Feadship currently has four shipyard facilities in the Netherlands, with expansion underway at its Amsterdam facility in Western Harbour to offer the ability to build motor yachts as long as 160 metres (525 feet). To date, there are over 250 Feadship yachts in navigation, including 99-metre (324-foot) Madame Gu, 99.95-metre (327-foot) Moonrise, 101-metre (333-foot) Symphony, and 110-metre (361-foot) Anna.

5.  Amels, Netherlands

Located in Vlissingen, Amels operates the largest superyacht boatyard in the Netherlands, and is known to be one of the best superyacht builders in the world.

Amels has been operating for over 100 years and offers both Full Custom and Limited Editions, ranging from 55 to 83 metres (180 to 272 feet) LOA. Built on a proven platform and delivered in half the time expected of standard construction superyachts, all 40+ Limited Editions projects have so far been delivered on or ahead of contract, with 74-metre (242-foot) Amels 242 among the most recent to emerge from the yard. With several new projects currently under construction, Amels is likely to be among the top superyacht shipyards for many years to come.

6. Heesen Yachts, Netherlands

Heesen Yachts is known as one of the world’s luxury yacht builders, specialising in custom superyachts in the 30- to 65-metre (98- to 213-foot) range, but with the additional capability of building vessels of 80 metres (262 feet) and above.

With a focus on quality and innovation, Heesen has created many custom yachts with no two yachts the same. Founded in 1978, it was the first Dutch shipyard to employ aluminium for yacht hulls. In its 42 years, it has delivered more than 170 yachts, with aluminium, steel, displacement, semi-displacement and revolutionary fast displacement yachts making up its fleet. Its most famous vessels include the 65-metre (213-foot) Galatica Star, 70-metre (230-foot) Galatica Super Nova and 55-metre (180-foot) Serenity.

7. Nobiskrug, Germany

Having recently celebrated its 115 th anniversary, Nobiskrug began shipbuilding long before the term ‘superyacht’ was even coined. Drawing on its extensive experience in seagoing vessels, the shipyard turned to yacht building in 2000 with the completion of its inaugural superyacht project, the 92-metre (302-foot) Tatoosh. It has since delivered an impressive portfolio of innovative custom-built superyachts, pledging to work on a single project for a single client to build superyachts ready for the 22 nd century. A big statement of intent.

With two facilities in Northern Germany, the boatyard can currently build vessels ranging from 60 to 426 metres (197 to 1398 feet) in length. Over 1000 in-house employees work across the two sites, where they have developed and built numerous award-winning superyachts, including one of the industry’s most talked about vessels, 142-metre (466-foot) Sailing Yacht A.

2023 saw the launch of 70-metre (230-foot) Amoa. Her key numbers include a beam of 12.4 metres, a draft of 3.6 metres, and a volume of 1,900GT.

8. Oceanco, Netherlands

Oceanco specialises in building sophisticated custom yachts ranging from 80 to 140 metres (262 to 459 feet) in length. Offering a highly personal service to clients, Oceanco is positioned with state-of-the-art yacht building facilities in the Netherlands, and a design, sales and marketing office in Monaco.

The builder celebrated its first launch in 1992, and more than 30 years later its portfolio now includes well-known superyachts such as the 95-metre (311-foot) Indian Empress, 82-metre (269-foot) Alfa Nero, 88.5-metre (290-foot) Nirvana and 91.5-metre (300-foot) Equanimity.

9. Perini Navi, Italy

The Perini Navi Group is made up of four independent companies that operate in five specific markets: sailing yachts up to 60 metres (197 feet), large sailing yachts more than 60 metres, racing sailing yachts, fast cruising sailing yachts and Picchiotti motor yachts.

To date, the group has launched 58 sailing yachts and four motor yachts. Its track record for innovative sailing yachts has seen it set the standard for excellence in the sector, launching more yachts over 50 metres (164 feet) than any other builder. It's responsible for the iconic 88-metre (288-foot) three-masted schooner Maltese Falcon, which currently holds the title of the sixth largest sailing yacht in the world, and other award-winning sailing yachts, such as the 73-metre (239-foot) Nautilus, 70-metre (229-foot) Badis I and 64-metre (210-foot) Spirit Of The C’s.

10. Royal Huisman, Netherlands

Established in 1884, Royal Huisman is the only shipyard with two entries in the top 10 largest sailing yachts ever built. The 2020 launch of 81-metre (266-foot) Sea Eagle II was its tenth sailing yacht over 50 metres (164 feet) and its biggest yacht since 90-metre (295-foot) Athena in 2004, which was then the largest sailing yacht in the world. Despite being renowned for its luxury performance sailing yachts, Royal Huisman’s largest delivery in 2024 is expected to be the 65-metre (213-foot) Project 408, which will have a gross tonnage of 451GT.

Discover how to choose your luxury yacht builder   in our helpful guide or you can  search for superyacht shipyards  in our leading superyacht services directory.

Tried & Tested

Green Chilli Provisioning and Yachting Pages hosted a unique event in Antibes. 11 superyacht chefs blind-tested 24 caviar types, judging appearance, aroma, texture, flavour, and overall impression.

Yachting Pages has put several of the leading safety cases (and other associated products) to the test. The objective: to ascertain how each product performs and determine which one is best equipped to safely contain a lithium battery-induced fire.

In the realm of maritime luxury, the quest to offer yacht charter guests the perfect night's sleep has become an art form, one which luxury bed and linen supplier, CC Design, has fully committed to.

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5 bodies recovered from wreck of superyacht builders called unsinkable

• Published: Aug. 22, 2024, 9:55 a.m.

In this picture released by the Italian Firefighters Tuesday, Aug. 20, 2024, scuba divers study a map of the sailing yacht Bayesian at the Porticello harbor. (Italian Firefighters via AP, HO) AP

• The Associated Press

PORTICELLO, Sicily (AP) — The Italian coast guard said Thursday the body of British tech magnate Mike Lynch is among those recovered off the coast of Sicily from the wreckage of a superyacht whose builders had called it unsinkable.

The bodies of Lynch and four others were recovered by rescue crews. One woman remains missing.

The Bayesian, a 56-meter (184-foot) British-flagged yacht, went down in a storm early Monday as it was moored about a kilometer (half a mile) offshore. Civil protection officials said they believe the ship was struck by a tornado over the water, known as a waterspout, and sank quickly.

Italian Firefighters scuba divers bring ashore in a green bag the body of one of the victims of the UK flag vessel Bayesian, Wednesday, Aug. 21, 2024. (AP Photo/Salvatore Cavalli) AP

A boat, top, carrying a dive team passes a fishing boat as it heads out to the site of the Bayesian on the fourth day of the search and recovery operation off the coast of Porticello, Sicily. (Jonathan Brady/PA via AP) AP

Fifteen of the 22 people aboard survived, including a mother who reported holding her 1-year-old baby over the waves to save her.

Lynch had been celebrating his recent acquittal on fraud charges with his family and the people who had defended him at trial in the United States. His former codefendant also died after being hit by a vehicle on Saturday, Reuters reported.

FILE - Former British tech star Mike Lynch during his trial in San Francisco, March 26, 2024. His body has been recovered from the wreckage of a yacht. (AP Photo/Michael Liedtke, File) AP

Divers have struggled to find the bodies.

“We would need a crystal ball to know when we’ll be able to find the next body,” said Luca Cari, spokesperson for the fire rescue service.

“It’s very difficult to move inside the wreckage. Moving just one meter can take up to 24 hours,” Cari said.

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OLSTEN Timmerman Yachts

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OLSTEN has 4 Photos

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Timmerman yachts news.

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A General Description of Motor Yacht OLSTEN

Timmerman Yachts completed the building motor yacht OLSTEN in 2004. Accordingly, she has the distinction of being built country of Russia. OLSTEN is a yacht which had design completed by Moscow Shipyard and Moscow Shipyard. This superyacht OLSTEN is able to accommodate a maximum of 12 passengers all told aboard together with around 6 professional crew. Finished and launched in 2004 the comparatively recent interior design and decor demonstrates the proficiency which are originating from Moscow Shipyard and the owner who commissioned the yacht.

Building & Designing relating to Luxury Yacht OLSTEN

Moscow Shipyard was the naval architect firm involved in the professional vessel composition for OLSTEN. Also the company Moscow Shipyard successfully worked on this undertaking. Interior designer Moscow Shipyard was commissioned for the internal interior styling. Russia is the country that Timmerman Yachts built their new build motor yacht in. After her formal launch in 2004 in Moscow the boat was then handed over to the owner after final finishing. Her hull was constructed with steel. The motor yacht main superstructure is made predominantly from aluminium. With a width of 6.8 m or 22.31 feet OLSTEN has moderate internal space. A fairly shallow draught of 1.7m (5.56ft) affects the number of harbours she can berth in, taking into account their particular depth.

Engineering And The Speed The M/Y OLSTEN Can Reach:

The 3406E engine installed in the motor yacht is produced by CATERPILLAR. Connected to her Caterpillar engine(s) are twin screw propellers. The engine of the yacht creates 600 horse power (or 442 kilowatts). She is fitted with 2 engines. The total thrust for the yacht is accordingly 1200 HP or 884 KW.

On board Superyacht OLSTEN There is Passenger Accommodation Capacity For:

Providing room for a limit of 12 visiting passengers spending the night, the OLSTEN accommodates them in luxury. She also has room for circa 6 expert crew members to operate.

A List of the Specifications of the OLSTEN:

OLSTEN Disclaimer:

The luxury yacht OLSTEN displayed on this page is merely informational and she is not necessarily available for yacht charter or for sale, nor is she represented or marketed in anyway by CharterWorld. This web page and the superyacht information contained herein is not contractual. All yacht specifications and informations are displayed in good faith but CharterWorld does not warrant or assume any legal liability or responsibility for the current accuracy, completeness, validity, or usefulness of any superyacht information and/or images displayed. All boat information is subject to change without prior notice and may not be current.

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Founded in 2003

Timmerman Yachts is a Russian builder of quality luxury motor yachts. Based in Moscow, it is owned by a group of Dutch and Russian investors and operates out of Moscow Shipyard. Several noted naval architecture and yacht design firms are involved with Timmerman, including Vripack, Guido de Groot Design, Ginton Naval Architects, Jon Bannenberg Ltd., and Francis Design Ltd.

Founded in 2003, the company was named for 17th century Dutch boat builder Franz Timmerman who brought Dutch boat manufacturing techniques to Russia and co-founded the Russian navy. Timmerman Yachts has more than 1,000 employees working at the Moscow Shipyard.

Timmerman has delivered a number of semi-custom luxury yachts between 26-47 metres in length, including TM26 and Timmerman FD-51, designed by Francis Design Ltd. Other notable Timmerman yachts include Victoria M, Alexandra (now Latitude) and Olsten 125′.

One of the 10 largest yacht builders in the world, Timmerman is focused on building high-quality luxury yachts at more competitive prices. Its Russian-Dutch partnership provides great yacht-building capabilities. Timmerman builds yacht to the highest standards and holds DNV, MCA and Russian River Register certification. The company reportedly has more than a dozen yachts in some phase of construction.

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The captain of Mike Lynch's superyacht is being investigated by Italian prosecutors: report

• The captain of a yacht that sank off Sicily is being investigated by Italian prosecutors, Reuters reported.
• The Bayesian yacht went down last week, claiming the lives of seven on board, including Mike Lynch.
• James Cutfield was questioned on Sunday and will be interrogated again on Tuesday, per local media.

The captain of the superyacht that sank in the Mediterranean last week, claiming the lives of tech tycoon Mike Lynch and six others, is being investigated for potential manslaughter and shipwreck charges, Reuters reported , citing a judicial source.

James Cutfield, the 51-year-old captain, was questioned by prosecutors on Sunday for two hours, according to Italy's La Repubblica . The New Zealander is set to be questioned again on Tuesday, Corriere Della Sera reported .

Giovanni Rizzuti, one of two attorneys appointed to defend Cutfield, said that the yacht captain is "very shaken by the immense tragedy" and intends to defend himself, according to the outlet.

Another attorney, Aldo Mordiglia, told the Washington Post by email that Cutfield is under investigation for potential manslaughter charges.

The Bayesian, an 184-foot superyacht, sank off the coast of Porticello, Sicily, last week.

Fifteen people, including Lynch's wife Angela Bacares , were rescued, while seven others — including Lynch and his 18-year-old daughter Hannah — have been confirmed dead.

An investigation into the exact cause of the sinking is ongoing, but some have criticized the crew for supposed shortcomings.

Giovanni Costantino, the CEO of the Italian Sea Group, which owns Perini Navi, the firm that built the Bayesian in 2008, blamed the crews for not following protocol and failing to prepare for the storm.

He told the Financial Times that the yacht sank in 16 minutes but that the vessel was "designed to be absolutely stable" as it had the second-tallest mast in the world.

When the yacht started taking on water, the skipper should have locked everything up and gathered all passengers at the safe point, and no one should've been in their cabin, in line with protocol, Costantino told the outlet.

Related stories

In an interview with Reuters , Costantino said the yacht's crew members made the "incredible mistake" of not being prepared for the powerful storm that rolled in.

Franco Romani, a nautical architect who was part of the team that designed the yacht, told La Stampa the Bayesian was built to go to sea in "any weather" and that a side hatch that was left open could have let water enter the vessel, per Reuters.

Italian prosecutors said during a press conference on Saturday that they had opened a manslaughter investigation.

Ambrogio Cartosio, the head of the public prosecutor's office of Termini Imerese, said he was investigating a "crime hypothesis" of culpable shipwreck and manslaughter.

It's unclear if other crew members will be probed, Reuters reported, adding that in Italy being under investigation does not automatically result in official charges or implied guilt.

Corriere Della Serra reported that investigators have asked Cutfield's deputy, Tijs Koopmans, to stay in Sicily to be questioned again, but they didn't specify whether he was under investigation.

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Five superyacht victims found in same cabin ‘trying to escape’

Five passengers who died on the sunken superyacht Bayesian were found in one cabin where they had gathered in an apparent attempt to escape, Italian investigators revealed on Saturday.

The five included Mike Lynch, the multimillionaire tech entrepreneur . The body of his daughter, Hannah, 18 , was found alone in another cabin.

The passengers appear to have sought refuge on the port (left) side of the boat, where the last air pockets remained as the vessel tipped over on its starboard side and started sinking.

Specialist divers from the Italian coast guard and fire service found five bodies in the first cabin on the left and Hannah’s body in the third cabin on the left.

Girolamo Bentivoglio Fiandra, a senior officer from the fire service, said that when the boat sank, it came to rest on its starboard (right) side.

He explained: “The yacht tended to the right and obviously the bodies tried to go to the other side and take refuge in their cabins. We found five bodies in a cabin on the left and another one in the third cabin on the left. They were in the higher part of the shipwreck.”

Raffaele Cammarano, one of two prosecutors leading the case, said: “There can be no certainty about the behaviour of the passengers on board, at the moment. It is probable they tried to escape but we have no real details about that, that will emerge in the course of the inquiry.”

He said the passengers “were asleep below deck and the others weren’t”.

Asked if Mr Lynch and his guests were warned of the approaching storm, he said: “That’s precisely what we’re trying to ascertain from the statements made by the survivors.”

Questions are being asked as to why six passengers died while all but one of the crew – the boat’s chef, a Canadian of Antiguan origin – managed to escape the sinking ship and survive.

Investigators want to establish whether the captain and crew tried to raise the alarm and evacuate the sleeping passengers from their cabins.

Data from the ship’s Automatic Identification System or AIS reportedly shows that there was a 16-minute period between the storm hitting the 184ft-long Bayesian at 3.50am on Monday and the vessel sinking at 4.06am.

At a press conference on Saturday in the town of Termini Imerese, about 15 miles from where the yacht sank, prosecutors confirmed that they were investigating charges of multiple manslaughter and causing a shipwreck against “unidentified persons”.

Click here to view this content.

Ambrogio Cartosio, the chief prosecutor in the case, said the charges have not yet been levelled at anybody specifically. The investigation is in its very early stages, he added.

The captain of the yacht, New Zealander James Cutfield, was questioned for two hours by investigators earlier this week.

The tragedy unfolded in the early hours of Monday when the Bayesian was hit by an intense storm while it was moored about half a mile off the small town of Porticello, Sicily.

Prosecutors said it was not a tornado but a downburst – a weather phenomenon in which powerful winds descend from a thunderstorm and spread out once they hit sea or land. They can cause damage equivalent to a tornado.

Investigators said the storm which hit the Bayesian at around 4am on Monday was “an extreme event” that happened “really, really suddenly”.

Weather forecasts for the area had not suggested such an extreme event, said Rear Admiral Raffaele Macauda, of the Italian coast guard.

“This was an abnormal meteorological condition,” he said. “And as you can see from the internet,  there was forecasts from midnight to 4am, winds of a strength of five from the north-west and the west and a storm alert. But there wasn’t an alert of a tornado.”

Questions are also being asked about how the storm sank the Bayesian but left another yacht, the Sir Robert Baden Powell, unscathed, even though it was only 200 yards away.

Its crew came to the rescue of the survivors from the Bayesian, who managed to escape in a life raft.

The four people whose bodies were found in the cabin with Mr Lynch were Jonathan Bloomer , the chairman of Morgan Stanley International bank, and his wife Judy, and Chris Morvillo, a partner in Clifford Chance, the legal firm that successfully defended Mr Lynch in his fraud trial, and his wife Neda.

Hannah’s body was brought ashore on Friday. Her mother, Angela Bacares, was among the 15 survivors.

The seventh victim was Recaldo Thomas, the Canadian chef, whose body was recovered at the scene on Monday.

In response to a question from The Telegraph at the prosecutors’ press conference, Mr Cartosio said there was no legal obligation for the skipper and crew, who are staying in a four-star hotel on the coast a few miles from where the boat went down, to remain in Sicily.

But, he said, he expects them to stay and to show “maximum cooperation” with the investigation. They have so far been “very cooperative”, he said, adding that he may want to question them again.

The investigators were asked if there was any evidence that any of the yacht’s hatches were open when the storm hit.

Mr Cammarano said: “This kind of evidence is going to be fundamental to the inquiry so it is extremely difficult or impossible for us to reply at this stage, we are still trying to establish the facts.”

Mr Cartosio was asked how such a large, sophisticated yacht could have sunk in a few minutes. He said that was one of the key questions that investigators will be pursuing.

Divers have yet to find the yacht’s black box, because of the difficulty in searching the damaged vessel , which is lying 165ft beneath the surface.

Prosecutors refused to reveal any details about whether divers had found that hatches had been left open, allowing water to flood in, or whether the keel had been raised before the coming storm, making the yacht more unstable. They said: “We can’t reveal anything at this stage. The whole matter is sub judice and we’re waiting for an analysis to confirm the information.”

The yacht will be raised from the seabed and recovered as part of the investigation, prosecutors said, with the cost to be borne by the vessel’s owners.

Mr Cartosio would not say when the operation would begin nor how long it could take.

Post-mortem examinations have not yet been conducted on the seven victims, investigators said.

10:51 AM BST

Press conference concludes.

The press conference has been concluded.

Here is what we know so far.

The chief prosecutor, Ambrogio Cartosio, has said it was “probable” that manslaughter offences were committed.

Several of the passengers were asleep when the storm hit, which may explain why they were not able to escape.

Divers have yet to find the yacht’s black box, due to the difficulty of searching the damaged vessel.

The yacht was hit by a downburst of wind and rain and not a tornado as was previously suggested.

Five bodies of those who died in the incident were found in the same cabin.

The vessel’s owner will cover the full cost of retrieving the yacht from the seabed. 

10:39 AM BST

Downburst believed to have hit yacht.

Prosecutor Raffaele Cammarano said: “It does look as if it was a downburst, but we will be more precise on that score, certainly later on. There is no certainty about it, it is pure hypothesis.

“It is very unlikely the physical situation will have been really recorded very precisely.”

10:30 AM BST

Probable that manslaughter offences were committed, say prosecution.

Chief prosecutor Ambrogio Cartosio said: “For me it is probable that offences were committed that it could be a case of manslaughter but we can only establish that if you give us the time to investigate.

“Media timing is completely different from that of a prosecutor.

“We need a minimum amount of time to come to a proper scientific conclusion.”

He added that investigators had yet to establish whether the captain or crew were responsible for the passenger’s deaths or whether the ship builders were to blame.

“We will be establishing each element of responsibility. That will be done by the inquiry,” said Mr Cartosio.

10:24 AM BST

Yacht’s crew responsible for anticipating changes in weather.

The coast guard admiral said the yacht’s crew were responsible for anticipating any changes in the weather that may have presented a danger.

“Whether or not they decide to drop anchor in that place is entirely up to them. We’re not involved in evaluating the risk element to private vessels. That is something that should be done [by them],” he told reporters.

10:23 AM BST

We have no idea why five bodies were found in same cabin, say prosecution.

Prosecutor Raffaele Cammarano said: “The bodies were found in a cabin which was not theirs, but this doesn’t give us any kind of certainty about what happened.

“We have no idea of the reasons for them all being found in the same cabin.”

10:19 AM BST

Passengers were asleep during storm.

It remains unclear whether those on board who died in the tragedy had been warned by the crew of the approaching storm or whether any attempt had been made by the crew to rescue them.

One of the prosecutors said the investigating team was trying to establish whether any attempt had been made by the crew who survived the disaster to rescue the passengers.

Asked why a number of passengers had been left behind, he said: “They were asleep underneath and the others weren’t.”

Responding to a question about whether the passengers were warned of the approaching storm he said: “That’s precisely what we’re trying to ascertain from the statements made by the survivors.”

Yacht’s distress signal not launched properly, says coast guard

Coast guard rear admiral Raffaele Macauda said the yacht’s emergency distress signal was not launched properly or at the right time.

“We cannot say when the distress signal was first launched,” he said.

10:14 AM BST

Yacht hit by ‘downburst’ of wind and rain.

The assistant prosecutor said the super yacht was hit by a “downburst” of wind and rain, not a tornado as has previously been suggested. 

10:12 AM BST

Yacht’s passengers probably tried to escape.

Prosecutor Raffaele Cammarano said “there can be no certainty” about the behaviour of the passengers on board, at the moment.

He said: “It is probable they tried to escape but we have no real details about that, that will emerge in the course of the inquiry.

“But there should be some evidence from the exact place of the retrieval of the bodies.”

Coast guard rear admiral Raffaele Macauda said the owners of the yacht will bear the full cost of the vessel’s retrieval.

10:07 AM BST

No legal obligation for crew and captain to remain in sicily.

In response to a question from The Telegraph, chief prosecutor Ambrogio Cartosio says there is no legal obligation for the skipper and crew to remain in Sicily.

But he expects them to stay and to show “maximum cooperation” with the investigation.

Prosecutors may well want to question them again, he says.

10:05 AM BST

Yacht captain should have been aware of storms, say coast guard.

The chief of the coast guard said he would have expected the yacht’s captain to be aware of approaching storms on the night of the tragedy and prepare safety measures accordingly.

He said: “They are vessels that can monitor these events and one would have thought the captain had taken precautions.”

10:04 AM BST

A crew member was responsible for the hatches, says prosecution.

The prosecution is asked whether there there was any evidence of the hatches being battened down before or during the storm.

Prosecutor Raffaele Cammarano said: “This kind of evidence is going to be fundamental to the inquiry so it is extremely difficult or impossible for us to reply at this stage, we are still trying to establish the facts.”

On the question of the hatches, he said that information will be gleaned on the retrieval of the wreckage.

“There was a member of the crew who was detailed to supervise the opening of the hatches,” he said.

He added the crew and captain have all been very cooperative with the prosecution.

09:56 AM BST

Intense storm was not predicted.

Coast guard rear admiral Raffaele Macauda said: “This was an abnormal meteorological condition, and as you can see from the internet there was forecasts from midnight to 4am, winds of a strength of five from the north-west and the west and a storm alert.

“But there wasn’t an alert of a tornado.”

He said given the conditions there was nothing to suggest an “extreme situation” arising.

09:53 AM BST

Key question of how yacht sank in a few minutes will be investigated.

Prosecutor Raffaele Cammarano is asked how such a large, sophisticated yacht could sink in a few minutes. He says that is one of the key questions that investigators will be pursuing. 

09:52 AM BST

Yacht’s black box still not found.

One of the inquiry team’s prosecutors said divers had yet to find the yacht’s black box, due to the difficulty of searching the damaged vessel.

He also refused to reveal any details about whether diver had found that hatches had been left open, allowing water to flood in, or whether the stabilising keel had been raised before the coming storm, making the yacht more unstable.

“We can’t reveal anything at this stage, but the facts will be confirmed by the later search of the wreckage,” he said. “The whole matter is sub-judice and we’re waiting for an analysis to confirm the information.”

The press conference was told it may take two to three months to raise the wreckage of the superyacht.

09:47 AM BST

No timeframe given on when yacht will be retrieved from seabed.

Coast guard rear admiral Raffaele Macauda says he cannot yet give a timeframe for when the yacht will be raised from the seabed or how long it will take. But it will happen. 

09:46 AM BST

We will not yet be giving information about the yacht’s keel, say prosecution.

The prosecution has said they will be not be giving information about the state of the yacht’s keel or hull at this time.

Raffaele Cammarano said: “There will be no further statements until the inquiry is concluded. This data cannot yet be revealed because the whole matter is sub-judice, so we are waiting on analysis to confirm on the investigation.

“So we will not be giving any information about the keel or the hull.”

He confirmed they have no results to provide yet on the autopsy.

Mr Cartosio added: “[The case] does not depend exclusively on the retrieval of the wreckage. There’s a whole number of calculations that can be made before.

“It’s the Italian Republic’s Prosecutor who will decide on that and all the details of the case have to be weighed up before attempting any kind of conclusion.”

09:41 AM BST

Five bodies found in same cabin.

A fire chief told the press conference: “The yacht tended to the right and obviously the bodies tried to go to the other side and take refuge in their cabins.

“We found five bodies in a cabin on the left and another one in the third cabin on the left. They were in the higher part of the shipwreck.”

Prosecution asked how crew made it to lifeboat

A journalist has asked the prosecution: “How is it that the crew got on the lifeboat and none of the others survived? I just wondered if there was any kind of early reply to that?”

The chief prosecutor replied: “Obviously the inquiry is concentrating on questions such as this. We have tried to find out the maximum information possible from the crew members or the survivors.

“All I would say in response is that the incident happened really, really suddenly - I think the prosecutor just said now the inquiry will begin with the facts of the wreck and that is all I can say at the moment.”

09:33 AM BST

Yacht cook was the first to be retrieved from the wreckage..

Rear Admiral Raffaele Macauda said: “We put in to operation our aviation resources but in the course of the day we had to conclude that they were missing, they were not in the sea and the body of the cook was retrieved first.

“And this search and rescue operation continued on the surface and particularly from the air.”

09:29 AM BST

Yacht will be recovered from seabed, says prosecution.

Prosecutor Ambrogio Cartosio has said the yacht will be recovered from the seabed.

09:24 AM BST

123 dives taken by coastguard during four-day operation.

Italy’s fire service said 123 dives were undertaken by divers and they could only stay for 12 minutes maximum under the water.

A spokesman said: “It was an intense bout of work as you can imagine and very stressful, nevertheless in four days, the results we achieved do not require any further explanation.

“We managed to bring up all six bodies, we were operating at 50 metres depth and there was very little visibility due to the weather conditions but we achieved our aims.

“My colleagues have shown incredible professionalism.”

09:20 AM BST

Manslaughter investigation opened, say prosecution.

Prosecutor Ambrogio Cartosio: “A case has been opened hypothesising the crime of shipwreck and manslaughter but we are only at the initial stage of the inquiries so far, so I am going to confine myself to only giving you that information.

He said the development of that inquiry could be of “any sort imaginable”.

“It was absolutely indispensable to make that press conference given the interest of the world press in those who died,” he added.

The investigation is not yet targeting any individual person.

09:18 AM BST

Sinking of the yacht was a ‘grave tragedy’.

Prosecutor Ambrogio Cartosio has recounted how the Bayesian sank in an intense storm on Monday and how the 15 survivors were rescued by another large yacht that was nearby.

He said it was a “grave tragedy” and that in order to “reduce the dimensions of the tragedy” they called on a “big operation of firefighters and firefighting divers who have shown “incredible courage and skill” who carried out a very difficult mission indeed and have allowed us to inspect properly the wreck for bodies”.

09:14 AM BST

Yacht was already sunk by the time coastguard arrived.

Prosecutor Ambrogio Cartosio said: “There are issues obviously which we cannot comment on at this stage, I think this is a real need which you will all understand in the media.

“The right to information, to free press, often requires what we call squaring of the circle. But I would like to request some understanding, this is not a complication we are seeking ourselves.

“So on the 19th of August at 4 o’clock in the morning the coastguards were alerted to the disaster.

“The coastguards arrived on the spot immediately but the yacht was already sunk.”

09:11 AM BST

There has been silence around this disaster, says prosecutor.

Chief prosecutor Ambrogio Cartosio said: “There has been silence around this disaster and we believe it is necessary therefore to publicise the fact that according to Article 5 of the Constitution of 2006 it is not possible to make comments on behalf of the prosecutor of Italy before inquiries have been made properly.

“I have personally criticised this law in the interest of public debate because it seems to me that there is a legitimate interest here and it seems to me that this law creates a lot of obstacles in terms of informing people.”

09:02 AM BST

What’s coming up.

We’re expecting to hear from three people this morning.

They are chief prosecutor Ambrogio Cartosio, prosecutor Raffaele Cammarano and Italian Coast Guard officer Rear Admiral Raffaele Macauda.

08:42 AM BST

Italian prosecutors expected to speak from 9am.

There’s tight security at the court complex in the town of Termini Imerese where the prosecutors will hold their first press conference.

Guarding the entrance are police, paramilitary Carabinieri and a handful of soldiers.

Journalists are queuing to have their bags checked at a metal detector at the front of the building. 

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