largest superyacht builders

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.

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The Best Luxury Yacht Builders in the World

With build times of around four years, it pays to know which shipbuilder is best for your dream superyacht.

By Kim Ayling

The superyacht industry has refound its mojo. Following the turbulence of the pandemic, yacht builders have resumed business as usual. Following recent growth in the UHNW population, order books remain full. New superyachts are rolling off the production line at an impressive rate of knots. If you’re considering a new superyacht now, you’ll be waiting over three years to take delivery of a ground-up build. Go with one of the leading yacht builders in the world, though, and it’ll be worth the wait.

This list of luxury yacht builders not only looks at what they have done in the past but also celebrates the stellar efforts they are making to reduce the environmental impact of their products. From lighter materials and onboard energy solutions to hybrid motors and marine conservation funding, these luxury yacht builders are not only leading the superyacht industry’s future but also protecting the oceans.

[See also: The Best Tenders to Pair with Your Superyacht]

Recognized as a world leader in building pure custom yachts, Feadship has been in pursuit of building the perfect ship since its inception in 1949 – although the brand can trace its roots back another 100 years. With each new ship that Feadship builds, its team employs the most cutting-edge methods and materials available, which when paired with its unpromising attitude toward fulfilling its clients’ desires, promises to deliver some of the most technically advanced yachts in the world – including Project 817 , which has now been delivered as Viva.

Viva remains a groundbreaking yacht build, with Feadship revealing ambitious aims to keep her environmental impact as low as possible. The 308-ft eco-friendly yacht features an advanced hybrid propulsion system that allows the yacht to travel at 12 knots on diesel-electric power. The ship’s hull has been designed with efficiency as a priority to reduce the energy needed to travel through the water.

The Dutch company has locations throughout The Netherlands, with its headquarters and design and engineering center found in the northern city of Haarlem.

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feadship.nl

Dutch yacht building outfit Oceanco was initially founded in 1987 – but it was only in 2002 (when Oceanco found itself in the hands of new owners) that the switch was made to focusing on 260-foot plus superyachts, drawing on old-world Dutch craftsmanship to build the yachts of the future. The award-winning company prides itself on its design-led builds, and in addition to employing its own forward-thinking design team, works with industry-leader designers such as Andrew Winch, Terence Disdale and Sam Sorgiovanni.

Environmental awareness is core to each Oceanco project, with the aim of not only meeting but surpassing environmental legislation with each build. Even its largest yacht to date – the 394-foot Redentore, which is still under construction – is impressively efficient thanks to her hybrid propulsions system, which keeps fuel consumption to a minimum. Other noteworthy Oceanco’s builds are the striking three-masted Black Pearl , which is powered by a combination of wind power and electric propulsion motors, and one of its latest concepts, Esquel  – an advanced expedition vessel.

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Most notably, Oceanco delivered the world’s largest sailing yacht, Koru , to Amazon founder Jeff Bezos. The colossal 417-ft vessel cost a rumored $500m to build and was delivered in 2023. It has since been spotted in Italy, Florida and the South of France. Perhaps more impressive than the yacht itself is the support vessel (built by Damen Yachting), a 250-ft superyacht-in-its-own-right capable of carrying a wealth of billionaire toys including submersibles, helicopters and cars.

oceancoyacht.com

[See also: Twenty for 20: Innovative Yachts of the 21st Century]

Dutch luxury shipbuilder Heesen has received worldwide recognition for its engineering and design prowess since launching in 1978. Heesen proudly pioneers the use of aluminum, which is widely regarded as the premium yacht-building material thanks to its lightness owing to better efficiency. As well as full custom builds, Heesen offers a platform concept that features semi-custom yachts already under construction in order to dramatically cut down delivery waits, without compromising on quality.

One of Heesen’s most notable yachts is Alive, which was the first to feature the revolutionary Hull Vane technology (underwater foil) for greater efficiency and speed, resulting in up to 30% less fuel consumption than a regular yacht. Other celebrated Heesen’s builds are Home and Electra , delivered in 2017 and 2020 respectively, both of which were in the award-winning 5000 FHDF aluminum hybrid class and came as a result of Heesen’s strive to limit the environmental impact of yachting.

heesenyachts.com

Part of the Azimut-Benetti Group, Benetti Yachts can trace its shipbuilding heritage all the way back to 1873 when the Fratelli Benetti shipyard was founded in the Tuscan city of Viareggio – the center of classic Italian shipbuilding. While much has changed in Benetti’s near 150-year lifetime, its focus on building state-of-the-art yachts to impeccably high standards has not, cementing its status as one of the best luxury yacht builders in the world.

As concerns on the environmental impact of private yachts have grown over time, Benetti has adapted its methods accordingly, utilizing hybrid technology to ensure its ships are at the forefront of sustainability. For example, when the Luminosity was first delivered in 2019 she was hailed as one of the greenest superyachts on the sea. The 352-foot yacht features advanced diesel-electric hybrid power, with her powerful battery providing up to 12 silent and emission-free hours at anchor.

Of course, sustainability doesn’t come at the cost of style: the Luminosity features a stunningly designed interior courtesy of Zaniz Jakubowski, with full-length windows drawing the outside in, and tasteful nods to contemporary artists creating a true home away from home.

benettiyachts.it

[See also: Superyacht Builders Heesen on Impacts of Covid-19 Pandemic]

Europe rules the roost when it comes to the top yacht builders in the world – the fifth in our list hails from Germany, with eight yards dotted throughout the country including main sites in Bremen, Hamburg and Rensburg. As with most yacht building companies, Lürssen is family run having been first founded in 1870 by Friedrick Lürssen. Since then the company has developed an esteemed reputation as one of the best in the world, breaking many records along the way, including the longest yacht in the world with Azza in 2015, which measures 592 feet, and Flying Fox which is the largest superyacht available for charter.

Lürssen’s latest superyacht is the sizeable 465.5-foot Nord (previously called Project Opus). Nord transcends the typical design of a superyacht thanks to the work of Italian design studio Nuvolari-Lenard, which was responsible for the yacht’s striking interior and exterior.

As is becoming standard for leading yacht builders, Lürssen is acutely aware of the negative environmental impact of both building and owning yachts. It is taking appropriate action to help mitigate this damage, including providing significant funding to marine life charities and conservation projects and implementing pioneering technologies such as onboard compact silencers and hybrid motor concepts.

lurssen.com

Royal Huisman

With a history that dates back to 1884, Dutch shipyard Royal Huisman proudly stakes a claim as one of the oldest yacht builders in the world. While the company was originally founded to build modest wooden fishing boats, its operations have deftly grown with the times, and Royal Huisman is now responsible for some of the finest and most luxurious yachts cruising the ocean today.

Although best known for its stunning sailing yachts ( Sea Eagle II, Ethereal  and  Aquarius  are particular knock-outs) Royal Huisman has also successfully branched out into the world of motor yachts. Its most recent build is the 192-ft Phi,  which was delivered in 2021. This super-slick aluminum yacht has space for up to 12 guests and since her maiden voyage, has been seen cruising on the Thames through London’s financial district. An apt setting for a yacht of this caliber.

royalhuisman.com

Damen Yachting

Damen Yachting, which falls under the umbrella of the wider Damen Shipyards Group, is another Dutch yacht builder dominating the world stage. Operating as Damen’s building division, Damen Yachting was only formed in its existing state in 2019 and is now responsible for the building of the famous Amels yachts, as well as the SeaXplorer expedition ships and yacht support vessels. Since moving its Amels building operations to Vlissingen in 2003, Damen Shipyards proudly boasts the largest superyacht facility in the Netherlands.

As a company of this magnitude, Damen Yachting naturally has some impressive builds under its belt, including the newest in the Limited Editions semi-custom range: the Amels 60 . Currently under construction with an estimated delivery of 2022, the 197-foot Amels 60  uses a fuel-efficient hybrid propulsions system to slash emissions, cut noise pollution and minimize fuel and maintenance costs.

damenyachting.com

Italian-born Sanlorenzo is continuously regarded as being among the best in class when it comes to yacht builders and has been the recipient of numerous awards in its near-65 year lifetime. Despite Sanlorenzo’s longevity and established status, it remains a truly boutique luxury yacht builder at heart. To ensure the attention to detail and high quality for which it is famous for, as well as securing exclusivity for its clients, Sanlorenzo is committed to working with a limited number of customers each year.

In true Italian style, the superyachts that leave Sanlorenzo’s main La Spezia shipyard transcend trends; instead, they exude classic style and authentic craftsmanship. Combined, this guarantees a truly timeless finish – of which the current flagship Attila is a perfect example. Sanlorenzo specializes in fiberglass, steel and aluminum, ensuring that each owner can select a material to befit their needs.

sanlorenzoyacht.com

Despite dating back over a hundred years, German luxury yacht builder Nobiskrug always has one eye on the future with a steadfast commitment to innovation. Nobiskrug offers fully custom yacht builds, working directly with owners to fulfill their unique vision, as well as working on ship refits. The company operates out of world-class yacht-building facilities in the city of Rendsburg, which include a climate-controlled superyacht hall.

The need to strive for innovation extends to Nobiskrug’s environmental commitments, where it applies advanced technologies in order to limit the impact of its builds. For example, Artefact – which was first delivered in 2020 – was one of the first superyachts to be built in line with the IMO Tier III regulations (which focus on reducing emissions). Artefact uses onboard solar panels and a battery storage system to allow for a limited period of engineless operation, as well as adopting a waste-water recycling system.

nobiskrug.com

[See also: Discovering the World’s Most Exciting Superyacht Concepts]

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The Top 10 Best Yacht Builders In The World

Here is our list of the best yacht builders on earth. Deciding which shipyard will build your luxury yacht is a complex and deeply personal choice, depending on many factors including the level of customization you want, your budget, the location of the shipyard, and the ‘feel’ you get for the yard’s vision and people.

Our list of the best yacht builders is naturally subjective and will not feature every well-known brand. Our short selection includes a range of shipyards, from manufacturers of the some of the most iconic custom-built superyachts to hugely popular production yacht builders.

Here are the best yacht builders on earth, sorted by region.

Usa – best yacht builders.

Westport is one of the dominant players in the American yacht-building market, with a hugely popular range of tri-deck and raised pilothouse motoryachts built from composite materials. Their models range from from the 112′ to 164′ (34m to 50m) series, allowing the yacht owner to customize the interior layout without the high cost and long timescale of fully-custom construction. As the largest American yacht building company in operation, Westport has a proud history of high quality yacht manufacturing dating back to 1964, with over 100 superyachts and over 170 fishing vessels launched from their Pacific Northwest Shipyard. Westport yachts are extremely popular in the US brokerage and charter market and have a reputation for holding their value well. View current Westport yachts for sale .

Christensen Yachts prides itself on the construction of American-built custom and semi-custom superyachts from fiberglass, including well known yachts M/Y CASINO ROYALE, M/Y SILVER LINING and award-winning M/Y ODESSA. Founded by superyacht owners, Christensen has a loyal following of yacht owners, many of whom are repeat customers. Currently producing yachts at its Vancouver, WA yard between 100’ to 165’ (35m to 50m) in length, Christensen was bought out in 2015 and is in the process of building America’s largest superyacht facility in Tennessee, which will construct vessels up to 70m. View current Christensen yachts for sale .

Northern Europe – Best Yacht Builders

German superyacht builder Lurssen is the builder of the largest superyacht in existence, the 590’ (180m) M/Y AZZAM, which was completed in an astonishingly quick three years. Known for superb build quality and large projects across its superyacht, naval vessel, as well as its’ yacht refit and management divisions, Lurssen is a family-run shipyard with a prestigious yacht building heritage spanning back to 1875, when it constructed the first ever motoryacht. Lurssen is the builder of 5 of the top 10 largest yachts in the world. View current Lurssen yachts for sale.

Feadship, Netherlands: For some yacht owners, the only name worth knowing is Feadship. This prestigious brand is synonymous with Dutch superyacht quality, and has a legion of steadfast and loyal fans. Dating back to 1849, Feadship creates fully custom yachts from a ‘blank slate’ beginning, priding themselves on creating supremely unique, innovative yachts that stand the test of time. There are 450 bespoke yachts currently afloat in the Feadship fleet, including M/Y HASNA, a 239’ (73m) with a revolutionary layout. Read more on Dutch yacht builders . View current Feadship yachts for sale .

Amels’ vast and high-tech superyacht facility is the largest in the Netherlands, producing iconic, high-value yachts up to 330’ (100m), including their 2017 flagship yacht, 272’ (83m) M/Y HERE COMES THE SUN. Amels offer a fully custom yacht building service, as well as their exceedingly popular Limited Edition Series, whereby the yacht owner retains control over interior and exterior design but the yacht is built on a proven platform, thereby slashing the build time. Amels also builds support yachts through their parent company, DAMEN, a heavyweight in global shipbuilding. View current Amels yachts for sale .

Dutch yacht builder Heesen is known for its aluminum and steel superyachts and innovative use of technology, as seen in the revolutionary fast displacement hull form first seen in the multi-award winning M/Y GALACTICA STAR, and the hybrid propulsion utilized in the 2017 launch of M/Y HOME. With a fleet of over 170 yachts launched since inception in 1978, Heesen is known for pushing the boundaries of what is possible in superyacht design and engineering. Heesen builds motoryachts between 100’ to 265’ (30m to 80m) in length at its Oss shipyard. View current Heesen yachts for sale .

Now owned by Lurssen, Blohm + Voss is a yachting powerhouse in its own right, constructing magnificent large superyachts including the iconic MOTOR YACHT A and 531’ (162m) M/Y ECLIPSE, currently the third-largest yacht in the world. The vast Blohm +Voss facility in Hamburg, Germany creates striking custom motoryachts and sailing yachts. View current Blohm +Voss yachts for sale.

Mediterranean – Best Yacht Builders

Benetti is a powerhouse of luxury yacht building, with a very healthy order list and a boat- building pedigree stretching back to 1873. Since 1960, Benetti has been constructing superyachts in Italy, including iconic yachts MY KINGDOM in 1980, then the largest yacht in the world at 280’ (85m), right through to recent launches such as the award-winning M/Y 11.11. Benetti is part of the Azimut-Benetti Group, the largest producer of luxury yachts in the world, building semi-custom and fully custom yachts between 100′ and 330′ (30m and 100m) long. Known for their Italian style and long history of yacht construction, Benetti has a loyal following of yacht owners who return to the yard each time they upgrade. View current Benetti yachts for sale .

The creators of one of the most well-known yachts on the planet, S/Y MALTESE FALCON, Perini Navi enjoys a superb reputation as a sailing superyacht builder, and also entered the large motoryacht market in 2007 under its Pichiotti brand. Perini Navi yachts are known for their superyacht luxuries and interior volume, as well as the technically brilliant sailing systems that allow these large yachts to be operated by a small crew. Perini Navi dominates the sailing superyacht market with its range from 130’ to 200’(40m to 60m), constructed at their three shipyards in Viareggio, La Spezia in Italy and also in Istanbul. View current Perini Navi yachts for sale .

UK – Best Yacht Builders

Sunseeker is one of the most instantly recognizable names in the yachting world, building performance luxury yachts known for their speed and sleek looks. Once better known for their smaller sport yachts, Sunseeker is now a major player in the superyacht market, with customizable yacht models from 75′ to 155′, as well as constructing the Predator range with a top speed of 45 knots. Built and engineered in Dorset, UK, Sunseeker is Britain’s most famous luxury yacht builder, creating the hand-finished yachts regularly featured on James Bond films. View current Sunseeker yachts for sale .

Worth Avenue Yachts has extensive experience with each of these yacht brands. To find out more about the relative advantages of these shipyards or the other high-quality shipyards that we recommend, please contact us for an expert discussion.

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Forget Hot Baths. Turkey Is Now the World’s Third-Largest Builder of Superyachts.

The country's long boatbuilding heritage, cheap skilled labor and top european design partners add up to some of the world's finest launches., julia zaltzman, julia zaltzman's most recent stories.

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Turkey, known for hot baths, baklava and fine leather goods, is also a serious contender in yacht building.  But since marketing is not one of its strong suits, the country could stay the best-kept secret in the superyacht world. A rich maritime heritage, pedigree craftsmanship and low wages have created a niche that positions the country at the heart of yacht production.

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The collection of brands dotted along Turkey’s Mediterranean coastline include Turquoise, Akyacht, Alia, Vicem, Sirena, Dunya and Bilgin, along with lesser-known builders. After it’s delivered later this year, Dream Symphony —a magnificent 462.7-foot schooner built by Dream Ship Victory—will become the largest private sailing yacht in the world, knocking the Dutch-built Black Pearl off the podium.

There have been some impressive names to come out of Turkey, including the sailing yacht Maltese Falcon , the 348-ft. Dream, 253-foot Go , and the 236-foot Axioma , among dozens of others.

The 279-foot Victorious was delivered earlier this summer to its new owner, and made its public debut at the Monaco Yacht Show.  Courtesy Akyachts

At the Monaco Yacht Show two weeks ago, Bilgin displayed the first of its 263 series, Tatiana . Its interior includes walls and furniture of rich Macassar ebony, eucalyptus and different marbles, and the exterior has a sleek, sexy profile. Lead designer Emrecan Ozgun of Unique Yacht Design said his firm went all out to avoid “high-dosage design clichés” throughout the boat, making it one of the most contemporary, elegant launches this year.

Another major launch at Monaco was Victorious , a 279-footer from Akyachts, a new yard that the owner established to build the sleek superyacht. London-based H2 Yachts did the contemporary interior design, putting paid to the notion that Turkey’s designs lag behind the European builders.

“It’s now accepted that Turkey ranks third in the world for yacht construction in terms of total feet, after Italy and Holland,” Alexei Mikhailov, founder and president of Bering Yachts, told Robb Report . “In my opinion, it will soon be considered second.”

Interiors, like this salon on Victorious , are often designed by leading European design firms.  Courtesy tkkkkk

In April 2021, Bering’s 78.7-foot B77 explorer Veronika was delivered to her Australian owner. It’s the first of four deliveries planned by the shipyard this year, including a Bering 70, Bering 92 and Bering 76. Mikhailov believes the fiscal benefits of Turkey’s 18 Free Zones (VAT-free, tax-free and duty-free) make yacht building more accessible.

The Antalya Free Zone is the main yacht-building hub, accounting for around 80 percent, followed by Istanbul’s Tuzla district and Bodrum in the Muğla province. In 2019, 47 superyachts with a total combined length of 2,630 feet came out of the Antalya Free Zone, generating $95 million in revenue. The cross-section of owners came from the Netherlands, the U.S., Qatar, Croatia, the Ivory Coast, Portugal, Jamaica, Russia, Oman and Djibouti.

But Turkey’s appeal cuts deeper still. It has a solid artisanal workforce, a phenomenon that has arisen from the country’s longstanding manufacturing history and bespoke furniture making. And when the risk of a shipyard going bankrupt is taken off the table, the opportunity becomes even sweeter.

Bering Yachts has made its name for its series of explorer yachts under 100 feet.  Courtesy Bering Yachts

“Purchasing a new build in Turkey is different from anywhere else in the world,” says Mikhailov. “The certificate of ownership is issued to the owner by the federal government from the very start of construction, which means Turkish shipyards effectively work for hire. So, it’s a really safe and transparent way of boat building that puts the owner in control from the beginning.”

In Bursa, at its 1.7-million-sq. foot yard, Sirena Yachts is making waves with its flagship 88, the shipyard’s largest model to date. Hulls three and four delivered in June 2021 to their Canadian and Spanish owners. The Canadian owner plans to live aboard for seven months a year, cruising the Bahamas and Caribbean. Eight hulls have sold in total to owners from Russia, North America and across Europe.

“The Sirena 88 is not a first-time user type of boat,” Ali Ongar, CCO at Sirena Yachts told Robb Report . “It’s designed for the owner who knows what they want. It’s a real hybrid, combining the American trawler-style of boat with superyacht speed and finesse and a bespoke interior, if required.”

The complex, multi-deck stern of Tatiana.   Courtesy Bilgin Yachts

Building speculation boats, Sirena Yachts has created a rapid lead time of just two years. But if an owner steps in up to 10 months before delivery, they still have the option to customize their yacht interior. “We never stop building our hulls,” says Ongar. “We can build a 58-foot yacht from start to finish in four months, so that means we have the capacity to deliver one boat every 35 days throughout the year. That’s the beauty of building on speculation.”

Many Turkish yards are also collaborating with established European designers to further elevate the status of the yachts. Ken Freivokh and Dykstra Naval Architects are the names behind Dream Symphony and Cor D. Rover penned Sirena 88’s interior.

Sirena 88 facing the world, bow-on.Meanwhile, Evadne Yachts in Istanbul has also collaborated with Vripack to produce an entire series of Rock models, ranging between 80 and 138 feet. “When you pair world-class design with Turkey’s competitive boatbuilding edge, you create the ultimate talent pool,” Ali Sayakci, owner of Evadne Yachts, told Robb Report .

If the growing demand for new yachts following this year’s Cannes and Monaco yacht shows is any indication, Turkey’s boatbuilding sector could be in for a strong run over the next three years. “We have the best address in the world for semi-custom yachts,” says Sayakci.

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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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Best Luxury Yacht Brands: 25 Shipyards Which Build The Best Superyachts

By Brody Patterson

Updated on January 14, 2023

The superyacht industry is a world that offers you luxurious adventures around the globe, from the United States, all the way to the UK, Netherlands, Germany, or the beautiful Italian coast. From the crystal clear waters of the Caribbean to the Mediterranean, these stunning yachts are built by highly skilled professionals, who provide you with nothing but the best craftsmanship.

As a potential yacht owner, you can get inspiration from any of these companies and choose what is best suited to your needs. There is so much to take into consideration, hence we compiled a detailed list of the 25 best yacht building companies in the world to help you out.

For example, you need to figure out first what size yacht you want, as they range from 30-50 feet vessels, all the way to the larger than 260 feet superyachts, and everything in between. Are Eco-friendly details important to you, or is cutting-edge technology and speed an absolute must to you?

We will do our best to cover all these points and more, so let’s start looking at the best yacht brands in the world right now. 

One of the best yacht brands in the 30-50’ range, Wally is an Italian company that specializes in fast motor yachts, but they’re also buiding gorgeous sailing vessels. For those of you who enjoy speed, you will be happy to hear that most of their yachts are made out of angular carbon composite and fiberglass, which enables you to blast through the waves.

Not so much for leisurely cruising, their 36-meter superyacht has luxurious accommodations for up to six guests and six crew members. Its prowess is due to the three Vericor TF50 gas turbines, which have a total power output of 16,800 hp. With its 60 knots top speed, it is one of the fastest yachts in the world.

Founded in 1842 on Lake Iseo of Italy, Riva quickly became a racing yacht legend, and it has upheld its reputation since. One of the best cruising yachts in the world in the 30-50 feet category, Riva offers sleek looks and impressive performance.

Solid stainless steel bow rails, an 800 hp engine, a 13-foot beam, and a 3-foot draft along a non-skid deck make this a very desirable vessel. Customizable to your tastes, you can cruise the waters in style.

Aesthetic appeal along with classic Italian design makes this company one of the most sought after. The Italian shipyard develops innovative solutions like crafting hybrid engines and using nanotechnologies, which make the long-lasting coatings on their vessels have a lower impact on marine life.

Equipped with options such as Twin Gens, Twin Watermakers, Stabilizers, Bow Thrusters and powered by DDEC 12V92’s with Ulstein forward-facing drives, the Grande 35 Metri reaches 25.5-knot max speeds. A stylish, yet competitive yacht.

• 22. Dynamiq

An Italian superyacht brand located on the Tuscan coast, with yachts engineered to the highest standards set by naval architects in the Netherlands. Designed in Monaco, Dynamiq’s vessels will surely meet the needs of the forward thinkers in the yacht building industry. Some of the options available are hybrid technology, with chic and efficient features that are easy to customize.

Ranging from 90 to 165 feet, you can build your own vessel according to your needs. Not only do they look impressive with their cool design, but they also offer you great performance. Impressive specs such as the aluminum hull, with a range that varies from 900nm at 15 knots all the way up to 5000nm at 10 knots and two engines Man at 882 kW.

• 21. Sunreef

Leading the world of catamaran yacht brands, the company produces its signature models, 60 to 100 feet vessels, along with the supreme models and the 150-210 feet power trimarans superyachts. Their shipyard is located in Gdansk, Poland, a seafaring city rich in naval building traditions.

They are also known for building eco-friendly electric engines that are great for the environment with their innovative propulsion solutions. Their sustainable materials feature basalt and linen-based structures in the production of their hulls, superstructures, and yacht manufacturing.

• 20. Ferretti

Another famed Italian shipyard is innovative with its human interface, which makes their vessels super easy to use. Ferretti’s fleet varies from the 500 to the 1000 projects, but they are all designed with your wellbeing and comfort in mind. You can choose from different mood palettes for your interiors, such as classic or contemporary.

Their MTU engine, with a cruising speed of 20 knots and a max speed of 24 knots, along with many other impressive specs, makes this brand an experience that embodies luxurious style and performance in one.

• 19. Fincantieri

Fincantieri has a network of 18 shipyards across four continents, two design centers, and a research center, and throughout their 230-year history they have built more than 7,000 vessels. If that is not impressive enough, they will surely convince you with their luxury yachts, designed to your pleasure.

High-tech, high quality, and high performance – these would be the features they stand for, and their unique designs are complemented by state-of-the-art technology. Aesthetic perfection along with the best technological expertise in the industry will deliver the luxury you crave.

• 18. Nautor’s Swan

A Finnish yacht brand founded by Pekka Koskenkyla back in 1966, they specialize in high-performance sailing yachts . Beautiful wood interiors are their signature touch, and their high-tech amenities are up-to-date in order to keep up with a very competitive industry.

Their fiberglass material has brought them to the top in the racing sailboats category, along with the ingenuity of Sparkman & Stephens. They eventually partnered with German Frers Design, who is responsible for many of their Swan designs.

• 17. Sanlorenzo

Ranked in the top three over 80-feet yachts builders in their category, Sanlorenzo has introduced a variety of new yachts in the last couple of years. Their signature light-blue steel hull is predominant in all their models, such as the SL102 Asymmetric yacht, or their 171-foot custom Seven Sins.

Among other designs worth mentioning are their new additions SX112, 164-foot 500EXP Ocean Dreamwalker lll, or the 210-foot 64Steel. One thing they all have in common is that they cater to the American lifestyle.

• 16. Rossinavi

Rossinavi has worked with some of the world’s best designers available to come up with unique and futuristic designs. Some of their most popular superyachts in the last few years have got to be 160-foot Endeavour ll and the 161-foot Aurora. Achille Salvagni is responsible for both designs, but they are quite different from one another.

The Alfa 50, with its sleek modern look, was designed by Enrico Gobbi. Pininfarina, who has put their signature touch on Ferrari, has unveiled some of Rossinavi’s new concepts, which make them stand out from other brands.

• 15. Baglietto

Another Italian company, they have been around since 1840, when Pietro Baglietto started building wooden fishing ships in his backyard. He expanded his company by manufacturing boats for kings and popes, and in 1906 built his first combustion engine.

Eventually, the company was saved from bankruptcy by the Gavio Group and they got a facelift with the introduction of their new model line, which ranges from 43 to 230 feet yachts. Their Silver Fox, which was launched in 2018, is designed by Francesco Paszkowski and it could easily be considered a true work of art.

• 14. Mangusta

The company is owned by the Balducci family and it was started in 1985. They specialize in luxury sports yachts and voyage superyachts, all of which you can customize to your personal tastes. They have built more than 300 yachts in their 34 year career, and they are still going strong.

The Mangusta Oceano, for example, is one of their long-range yachts with ranges up to 5,000 miles. The Mangusta Maxi Open series offers speed, stability and quietness. And their GranSports is a fast-displacement series that covers long distances.

• 13. Princess Yachts

Established in 1965, this British company has grown into a conglomerate with multiple production sites over the years. They build contemporary yachts in seven classes, ranging from open boats to megayachts. Their flagship Imperial Princess, a 131-foot 40M superyacht, has a large interior and lots of natural light.

It is built on the South Yard, which was formerly a 17th century naval yard. Their R35, one of their most innovative models, is built with a foil system which reduces drag and can revolutionize yachting, and was designed by Pininfarina, the same acclaimed design studio that works with Rossinavi as well.

The crown jewel of the Ferretti group, CRN is famous for their landmark Chopi Chopi, a 262-foot megayacht. The different ranges of the military style 180-foot Atlante, the sleek hull of the 239-foot Yalla, or even the high-tech Cloud 9 yacht show the different customizable possibilities from CRN Yachts.

Ferretti invested lots of money into their Ancona Yard, and their tri-deck motor yacht, as well as the Superconero are just some of the upgraded versions of the staples that brought them on the map in the first place.

• 11. Sunseeker

One of the UK’s most important shipyards, Sunseeker manufactures most of its vessels in Poole, Dorset. Their place in the yachting world is secured with four superyacht models ranging from 116 to 161-foot, and their 76 to 100-foot motor yachts. They also manufacture high performance boats, alongside sports and 52 to 744-foot cruise yachts.

It used to only build out of composite, but has since expanded to aluminum with its 161 Yachts. Their ICON expertise, design and market savvy is keeping them competitive in the yachting world.

• 10. Royal Huisman

One of the oldest shipyards from Holland, they have been around since 1884. They have three large facilities, one in Vollenhove, one in Amsterdam, and a third in Emden, where they can build large yachts up to 266 feet. Their fleet is well known for their sailing superyachts Gliss, Antares and Sea Eagle among many others.

The Ngoni, a 190-foot is built with an eclectic interior, and the 184-foot classic Aquarius are some of their popular models. Project Phi is their newest addition to an already solid fleet and the Apex 850 concept will be probably turned into reality too. 

• 9. Perini Navi

Two yards in Italy and a third in Turkey are the places where the newest additions to their line up are being built right now. Restructuring of the company’s management in 2017 resulted in a major refresh of their fleet too. New lines such as the E-volution Yacht series, the Argonaut, Heritage and Voyager are going to be the new focus for Perini Navi.

Sometimes a change is needed, and their new innovations have proven successful. Their hybrid-powered models such as the Eco-tender are built to keep up with the changes necessary for the environment.

• 8. Nobiskrug

Located in Northern Germany, Nobiskrug operates from two facilities which build vessels ranging from 197 to 1,398 feet. The 115 year old company is a pioneer in the superyacht division with their 2000 Tatoosh model. They employ more than 1,000 professionals who excel in the business.

The 262 foot Artefact was launched only last year, and at 2999 GT it is the largest superyacht by volume in the world. It is also the first in the world to meet IMO Tier lll emissions regulations. In-house production of everything from hull construction to mechanical work makes them one of the most diverse and eco-friendly companies in their category.

• 7. Feadship

The famous Dutch company comprises De Vooght Naval Architects, De Vries and Van Lent family yards, with locations in Amsterdam, Aalsmeer, Kaag, and Makkum. Responsible for dozens of custom launches over the last seven decades, they are considered Holland’s powerhouse.

Symphony, a 333-foot pioneer to cross the 100-meter mark, and the 312-foot Faith has its own helicopter pad with hangar on the foredeck, and on the aft deck a glass floor swimming pool. They are just some of their more famous models, they have many others you can research if interested.

One of the best superyacht builders in the world, this Dutch company is based in Vlissingen. Operating for more than 100 years, they offer the Full Custom and Limited Editions, ranging from 108 to 272 foot LOA. The facilities are used for both military and commercial vessels, and they employ the most skilled workers in the industry.

Their most noteworthy launches in the last couple of years are the 243-foot Universe, the 205-foot Sea & US, along the 189-foot Volpini 2. The potential owners are able to customize both interiors and exteriors according to their taste.

One of the oldest and largest superyacht builders in the world, Benetti has been making custom and semi custom builds since 1875. They currently have 97 yachts under build larger than 78 feet. The Ironman, Metis and Spectre are some of their newest additions. The FB277 351-foot gigayacht is currently being under construction at the Livorno yard.

Their Luminosity is believed to be valued at more than 200 million EUR and became one of the top 10 largest Superyachts delivered in 2019. Pretty amazing!

Founded in 1978, this Dutch superyacht brand specializes in custom-made builds. Therefore, their fleet is limited, so there are three different ways to own a Heesen boat. Through the Pure Custom program the buyer can order a unique individual design and engineering.

The Platform Concept program offers custom exterior design but standard engineering, and the third option is to buy a brand new custom superyacht as soon as it is made available for purchase. The Galactica Super Nova is their largest built at 230 feet, and their Maximus, with an open cockpit and a swimming pool with a waterfall is a special yacht someone will surely enjoy.

A fairly young company, this Dutch company based in Alblasserdam has been around since 1987. They specialize in custom expedition yachts ranging from 262 to 459 feet. The builder launched Project Bravo in 2018, which is a fuel efficient and eco-friendly innovative design. Their green technologies are predominant in their newest addition to their fleet.

Their most famous superyachts are the 311-foot Indian Empress and the 300-foot Equanimity. Their Black Pearl, a 350-foot technically advanced designed sailing superyacht stands on its own.

• 2. Abeking & Rasmussen

Successful in setting new technological standards, this family business is located across the river from Lurssen in Germany. They have been the best in the making of naval vessels since 1917, and they also specialize in coast guard and patrol vessels, as well as custom yachts. German engineering at its best, A & R has been an innovative company who is not scared of change.

They are developing a hybrid fuel cell powered by methanol that emits only clean steam, the first hydrocarbon emission free in the world. The Aviva, a 321-foot flagship has its own paddle-tennis court on the premises.

Lürssen is a family business who believes in producing the best quality yachts in the world. Focused on excellence, this German company is another leader in the luxury yachting world. Their eight shipyards located in the northern part of the country have been responsible for building more than 13.000 vessels since 1875.

They do everything from building new yachts, as well as refitting, repairing and providing maintenance services on the premises. The iconic Azzam, the largest superyacht in the world is 590 feet long , is designed with the best quality woodwork and custom furniture inside a high-tech hull.

One thing is certain if you’re in the market for a luxury yacht, you have so many options available right now. The biggest problem will be choosing only one brand to work with when designing your dream yacht.

We hope you got all the inspiration you needed from our list, so happy sailing.

About Brody Patterson

Brody has worked as a full time staff writer for Luxatic for over five years, covering luxury news, product releases and in-depth reviews, and specializing in verticals on the website alongside the tech & leisure section, as well as men's fashion, watches and travel. Learn more about Luxatic's Editorial Process .

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America’s 10 Best Yacht Builders

In America, the yachting industry might not be as established. Yet, today, America’s best luxury yacht builders continue to put out award-winning and state-of-the-art designs. Who are America’s best yacht builders?

From Christensen to Trinity, we countdown the best yacht builders in America and highlight what makes each shipyard unique. Here are our favorites:

1. Christensen

Christensen is one of the most established yacht builders in the U.S., and the company is known for its completely custom yachts. Each yacht the company produces is designed according to owner specifications.

Known for its classic hull design, and upscale finishes, Christensen produces some of the most luxurious superyachts in the U.S. That’s thanks in part to the builder’s in-house design team. Many other builders outsource design. Plus, the builder is known for its exquisite interiors, featuring spacious layouts and the finest finishes. Christensen also regularly wins innovation awards for their efficient and powerful displacement systems and state-of-the-art stabilization.

2. Westport

Since 1964, Westport has been a leader in yacht design and manufacturing in the U.S. And its earned a reputation for developing sporty, classically-styled superyachts.

That wasn’t always the case. Originally, Westport designed and built commercial fishing vessels, but today, Westport focuses exclusively on luxury motor yachts, including 34-, 38-, 40- and 50-meter yachts. Westport’s raised pilothouse and tri-deck yachts feature classic nautical hulls with modern touches. The interiors are sleek and comfortable and known for their spacious outdoor deck areas.

3. Derecktor

Derecktor is one of the country’s oldest yacht builders. It was founded on Long Island, NY in 1947, and during its early years, the company produced commercial fishing and passenger vessels. (Even today, Derecktor manufacturers high-speed ferries for cities around the world.)

Derecktor’s output has changed quite a bit in its 70-year history. Today, the company continues to build commercial vessels, but it’s also a top builder of custom motor yachts. Derecktor produces both explorer yachts and motor yachts, and many of its luxury motor yachts feature explorer-inspired designs. Many Derecktor yachts, for example, feature towering superstructures positioned forward. This opens up an abundance of aft-deck space for outdoor dining areas, beach clubs, and even helipads.

In addition to style, Derecktor yachts are renowned for their performance. They might be sizable. But they’re fast, and the ride is stable.

4. Hatteras

Hatteras is a legendary name in American shipbuilding, known for its high-speed and beautiful motor yachts. Initially, the shipyard focused entirely on sportfish yachts – something they’re still known for today. Yet, the company’s line-up of motor yachts offers the best of the best in luxury yachting.

Hatteras offers a full range of superyachts, including the 100 RPH, a stunning 102-foot raised pilothouse motoryacht, and the M90. Hatteras certainly shows its sporty roots in all of its designs; Hatteras exteriors are sleek and streamlined, sharing design details with its sportfish line.

At Trinity , size is the name of the game. The Gulfport-based shipyard produces yachts up to 123 meters (400 feet), including some of the largest luxury yachts ever built in the U.S.

The yachtbuilder has many signatures. For example, classic nautical architecture is one. Trinity produces some of the most inspiring superstructure designs that feature sleek lines and an abundance of glass. When you charter a Trinity yacht, you’ll have plenty of places to relax, as most of their designs incorporate an abundance of deck space. In the past, that’s include beautiful sky lounges and sprawling aft-deck dining/bar areas.

Below deck, Trinity yachts delivers spacious layouts. The yachtbuilder is know for their opulent owner’s suites and staterooms, as well as stunning salons.

6. Broward Marine

Founded by legendary boatbuilder Frank Denison in the 1950s, Broward Marine has been a leader in superyacht design throughout its history. For example, in 1954, Broward launched its first luxury superyacht, ALISA V. At the time, the 96-footer was a behemoth – similar in grandness to today’s megayachts of 150+ feet.

The Alisa paved a path for the company, which shifted its focus exclusively to luxury motoryachts. In the 1980s, for example, Broward was quick to respond to the trend of the superyachts; Broward sold some 80 yachts in the 1980s, an impressive sales feat.

Under new management in the early 2000s, the company continued its focus on stunning megayachts in the 100- to 160-foot range. Broward yachts are grand in scale, with stunning tri-deck and raised pilothouse designs, and they’re also some of the first to feature farmhouse kitchens. Today, the company focuses primarily on refits, but many of their majestic yachts are still available for charter.

7. Hargrave

Hargrave has been producing yachts since the 1950s, and throughout its history, the shipyard has built a reputation for inspiring yacht designs. In fact, the company initially only focused on design. Founder Jack Hargrave, the famed nautical designer, worked closely with other top U.S. yacht builders including Burger and Hatteras, helping to launch numerous brands.

In 1997, the company transitioned from design to designing and building its own luxury yachts. The company quickly made a name for itself. Hargrave has won numerous awards for its sporty tri-decks and sportfish-inspired motoryachts. Hargrave yachts feature contemporary interiors, matched with sleek profiles.

A Horizon yacht has a distinctive look. The company’s yachts have stately exteriors with tons of classic nautical architectural details. Inside, too, Horizon yachts have a lot of character. Most Horizon yachts feature sprawling windows, creating light and airy interior spaces.

Today, the company produces yachts in the 56- to 150-foot range, and their offerings include power catamarans, tri-decks and raised pilothouse motor yachts.

If you’re looking for a power cat, that’s a Horizon specialty. The company’s PC Series features a range of mid-sized power cats up to about 80 feet, with numerous concept yachts in the works. Yet, Horizon does it all. You’ll find Horizon yachts in just about any style, from Fast Displacement yachts (FD Series), to customized tri-decks (CC Series).

The Burger Boat Company is one of the most historic shipbuilders in the U.S. Originally launched in 1863, the company has built more than 500 yachts in its history (more than 250 of which are still in operation). The company was a pioneer in steel yacht building, but today, Burger primary builds aluminum yachts.

Burger produces a range of custom tri-deck motor yachts, ranging from 112- to 214-foot motor yachts. Burger boats have a distinctive look and feel. They have spacious deck areas, like the wrap-around deck on its current 214-foot tri-deck concept, as well as innovative exterior lounge areas.

10. Delta Marine

For more than 50 years, Delta Marine has been producing world-class motor yachts from its headquarters in Seattle. The boatbuilder is known for its sleek exterior designs. Delta Marine yachts feature clean, flowing lines throughout, and the company produces a range of raised pilothouse and tri-deck motor yachts.

Plus, the interiors are completely custom. As such, no two Delta Marine yachts look the same, and the interiors are as unique as their owners. Delta yachts are also well-known for their performance. Many feature performance-minded hulls, and feature state-of-the-art displacement systems.

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Horizon Yachts, Exceeding the Standards

For over 30 years, Horizon Yachts has defined, perfected and consistently exceeded the standards for design and craftsmanship with its range of 52 to 150-foot luxury motor yachts.

As one of the largest yacht builders in the world, Horizon focuses on eight specialized series, each unique in style and function, and each designed and built to the highest standards to suit every customer's individual yachting lifestyle.

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16 superyachts owned by Russian oligarchs

Western sanctions over moscow's invasion of ukraine led to many luxury vessels being detained in europe.

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Live updates: Seven dead in 56m superyacht Bayesian sinking tragedy

Seven people have died in the Bayesian sinking disaster, according to the BBC. These include the six missing people who were inside the yacht when it sank, as well as a seventh person who was located shortly after the disaster. The seventh person is understood to be the yacht's chef, Recaldo Thomas. The other six are:

• British tech entrepreneur Mike Lynch, once dubbed 'Britain's Bill Gates'
• Lynch's 18-year-old daughter, Hannah
• Morgan Stanley's chairman, Jonathan Bloomer
• Judy Bloomer, wife of Morgan Stanley chairman
• Chris Morvillo, a lawyer working for London-based law firm Clifford Chance
• Neda Morvillo, an American jewellery designer and Chris' wife

It is understood that the yacht was being used to celebrate Lynch's recent victory in a 13-year £8 billion fraud acquittal.

No one remembers the mast snapping before 56m superyacht Bayesian sunk, says crew

No one recalls seeing the mast snap on board the 56-metre Perini Navi sailing yacht Bayesian which sank off the Italian island of Sicily on 19 August. The eyewitness account of a crewmember on board the vessel, which was obtained by BOAT International , said that the boat was struck by a freak weather event which led to the yacht heeling at around 20 degrees to starboard. As crewmembers were securing items, the heeling angle began to increase rapidly until the yacht started taking on water and sank rapidly.

The crewmembers who were up on deck were able to evacuate the yacht with minor injuries. The yacht is understood to have sunk in just twelve minutes, and it is believed that a "major ingress" of water from the top down would have caused the sinking, according to a captain who wishes to remain anonymous. This is based on the fact that no breaches have been reported in the yacht's hull, and the fact that the yacht should have been able to remain afloat with two flooded compartments.

"Very difficult to understand what could have overwhelmed a vessel of that size" says captain of sistership

The captain of the sistership to the sunken 56-metre Perini Navi sailing yacht Bayesian has said it is "very difficult to understand what could have overwhelmed a vessel of that size" and called the 56-metre Perini Navi series "bulletproof".

David Hutchinson, captain of Rosehearty , said he had taken the yacht around the world multiple times and he had "total faith in the boat".  "We've been to Antarctica and Chile, and we've had her in 70 knots of wind," he says, and the vessel had never put them in a situation that felt unmanageable.

However, Hutchinson noted there were differences between Bayesian and Rosehearty ; notably, Bayesian's  74-metre mast, which would have been heavier and added increased windage. The yacht's layout was also different, with guest accommodation on Bayesian located further forward.

Live updates

• A search and rescue for six missing people has concluded. The final missing person is understood to be Hannah Lynch. 
• According to Reuters, six bodies have now been found in the sunken yacht. These include Mike Lynch, a British technology entrepreneur who co-founded Autonomy Corporation and founded Invoke Capital, although Italian authorities have not confirmed this.  
• One person was found immediately after the yacht sunk, and this is understood to be the yacht's chef. 
• Lynch’s wife, Angela Bacares, and a one-year-old are among the fifteen people rescued along with Bayesian' s captain, James Cutfield.
• Another sailing vessel in the area, the 42-metre Sir Robert Baden Powell ,  stepped in to offer assistance in the initial rescue.
• Divers have been able to reach Bayesian' s sunken hull, which lies at 45 metres of depth about half a mile from the coast. The yacht had the largest aluminium masts of any sailing yacht on the water.
• Eyewitnesses in the area reported "hurricane" conditions off the coast but local weather websites did not indicate any severe squall, which suggests that the weather event was not forecast.
• At around 5am local time on 19 August, Bayesian was hit by bad weather and sunk.  The sailing yacht was anchored or idle at the time of the incident.

Built in Italy by renowned builder Perini Navi and delivered in 2008, the yacht's naval architecture was developed by Ron Holland Design while the interior design is by Rémi Tessier . She was formerly known as Salute and was last refitted in 2016. She was listed for sale earlier this year, according to BOATPro . The yacht had accommodation for nine guests and 12 crew.

BOAT International will update the story as it develops.

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Superyacht sinks latest: Investigators looking into possible manslaughter - Italian media

Divers have recovered the body of the final missing person after a superyacht sank off the coast of Sicily. The family of Mike Lynch and his daughter Hannah have released a statement - with tributes also pouring in for the pair.

Friday 23 August 2024 22:57, UK

• Superyacht sinking

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• Seven bodies recovered after five-day search of superyacht wreckage off Sicily
• Prosecutors investigating shipwreck and manslaughter - reports
• Divers discover body of final missing person
• 'Unspeakable grief': Lynch family releases statement
• Hannah Lynch's sister pays tribute to 'my little angel'
• Friend pays tribute to 'brilliant mind' Mike Lynch
• Explained: Inside the superyacht | What challenges have faced divers?
• Eyewitness:  Sombre scenes greet rescue teams as final body is brought ashore

We're pausing our coverage for tonight but here is a recap of what we know:

• The final body was found and recovered from the wreckage of the sunken Bayesian;
• Hannah Lynch, 18-year-old daughter of British tech tycoon Mike Lynch, was the only person still unaccounted for;
• Tributes have flooded in for the teenager, including from her older sister Esme Lynch; 
• Oxford University, where Hannah was set to start studying English next month, also sent condolences;
• Authorities will now switch to a methodical and meticulous  "investigation mode", marine investigator James Wilkes told Sky News;
• He also said it was "unfair" to start blaming the crew of the Bayesian for its sinking before facts could be established;
• Italian authorities are expected to reveal further information about their investigation tomorrow morning in a news conference.

Italian authorities are expected to reveal further information about their investigation tomorrow in a news conference.

Prosecutors in the town of Termini Imerese, near where the Bayesian superyacht went down, will begin the news conference at 9am UK time.

Search and rescue teams finished their task of searching for those uncounted for from the Bayesian's sinking today.

Divers have spent all week searching the shipwreck, looking for six people missing after the vessel foundered on Monday morning.

Of those six, all but one had been found by this morning. At around 11am UK time, the final body, believed to be that of 18-year-old Hannah Lynch, was discovered.

It was brought to shore shortly after, signalling an end to five days of intense search operations.

Below, we have a look at some images from the operation today as it unfolded:

The speed at which the Bayesian sunk is "puzzling" and testimony from the crew will be "absolutely fundamental" in understanding how it happened, says the editor-in-chief of the Journal of Sailing Technology.

Dr Jean-Baptise Souppez, an expert in mechanical, biomedical and design engineering, told Sky News a vessel like the Bayesian "shouldn't sink that fast".

"For a ship that size to go down in a matter of minutes is particularly puzzling," he said.

"I think it's important to remember that all these vessels are built to very strong rules and regulations. And one of the reasons this is so puzzling is because those rules should ensure that this doesn't happen."

Investigations into the ship's foundering are already beginning to get underway, where the evidence supplied by survivors will be crucial, according to Dr Souppez.

"A lot of the job will be to try to establish a timeline of what happened prior to the events, in terms of the storm warning and what measures were taken on the vessel," he adds. 

"What happened during the crucial minute? From the moment the ship started to lean on its side up until it sank. For this, the accounts from the survivors and the crew will be absolutely fundamental.

"But it will also be a lot of physical evidence from the wreck that the divers have been able to collect, and more that they will be able to observe in the future."

A maritime investigator says the first priority of the Bayesian's crew would likely have been to prepare the ship for the oncoming storm, rather than wake all sleeping passengers.

James Wilkes said the watchkeeper on the yacht "might have considered" waking captain James Cutfield, who he "imagines would have been asleep" at the time.

"He would go down, wake him up, explain what he's got," Mr Wilkes told Sky News. 

"The master then would take over. He would make the decisions about raising the rest of the crew, if they're going to lift the anchor and start the engines, motor the vessel out pointed into the weather, that would require all the crew. 

"And I should imagine they would have also briefed some or all of the passengers. But their first priority would have been to get the vessel ready to take on the weather that was approaching."

Mr Wilkes added that those steps were likely taken but "by the sounds of it", the Bayesian was overwhelmed by the weather incredibly quickly.

British technology tycoon Mike Lynch was among the people who died following the sinking of the Bayesian superyacht on Monday morning.

The vessel had arrived off the coast of Sicily on Sunday, remaining at anchor 500m from the port of Porticello overnight.

At around 3.50am local time, a violent storm sent chairs and tables into the wind on the shore, while a mini-tornado known as a waterspout is believed to have ripped through the Bayesian.

Fifteen passengers and crew members made it onto a life raft and were picked up by a nearby boat, with seven people unaccounted for from the initial 22 on the ship's manifest.

All seven were found and recovered over the following days. They are believed to be:

Divers confirmed the entrepreneur's body had been recovered yesterday.

Dubbed the "British Bill Gates", Mr Lynch has been in the headlines in recent months over a high-profile fraud case related to the £8.64bn sale of his company Autonomy to Hewlett-Packard (HP) in 2011.

HP accused him of deliberately overstating the value of the company before it was acquired by the American technology firm. Mr Lynch denied any wrongdoing. In June, a US jury  cleared him of all charges .

Hannah Lynch

Mr Lynch's 18-year-old daughter was also on board. A body believed to be that of the teenager was found and recovered from the wreckage today.

She had been on holiday with her parents, having secured a place to study English at the University of Oxford.

Her older sister, Esme Lynch, said her younger sibling was "endlessly caring, passionately mad, unintentionally hilarious and the most amazing, supportive and joyful sister and best friend to me".

Chris Morvillo

US lawyer Chris Morvillo was among those found dead by divers yesterday.

The father-of-two worked on Mr Lynch's US fraud trial and was a partner of law firm Clifford Chance's US branch.

He was also assistant attorney for the Southern District of New York between 1995 and 2005 and worked on the terrorist investigation into the 9/11 attacks.

Neda Morvillo

Mr Morvillo's wife Neda died in the disaster alongside her husband.

The 57-year-old had a luxury jewellery brand, which she ran under her maiden name Neda Nassiri.

Recaldo Thomas

The yacht's on-board chef Recaldo Thomas died in the sinking. He was Canadian-Antiguan and part of the crew of the Bayesian.

His body was the first to be recovered from the wreckage.

Jonathan Bloomer

Jonathan Bloomer, the chairman of investment bank Morgan Stanley International, was confirmed dead yesterday.

According to the Financial Times, Mr Bloomer appeared as a defence witness for Mr Lynch during his US criminal trial, and the pair were good friends. He also chaired Autonomy's audit committee.

The 70-year-old was the chief executive of UK-Hong Kong insurer Prudential until he was ousted by the board in 2005.

He was also chairman of the insurance provider Hiscox.

Judy Bloomer

Mr Bloomer's wife Judy was on the yacht trip with her husband. Divers confirmed they found her body yesterday.

Mrs Bloomer was a former board member at The Eve Appeal charity, which focuses on gynaecological cancers.

The charity described her as a "brilliant champion for women's health and medical research... an incredible supporter, committee member, and trustee of our charity for over 20 years".

More tributes have come in now for Mike Lynch, whose body was recovered from the Bayesian yesterday.

Close friend of the Lynch family Albert Read called him "warm, funny, brilliant, loyal and exceptionally brave".

"I've never met anyone like Mike - a searing intellect, a steel that would transform the world around him, an instinct for family and friends - organising children's treasure hunts, big gatherings of neighbours in Suffolk. 

"And, with Angela, a determination to light up the worlds of art and science for his two beloved daughters.

"Warm, funny, brilliant, loyal and exceptionally brave, with a heart as big as his brain."

The final body has now been retrieved from the wreckage of the Bayesian, leaving every person accounted for who was on the ship at the time of its foundering.

The captain of the yacht, 51-year-old James Cutfield, has reportedly already been questioned by Italian authorities for two hours.

He managed to survive the sinking along with 14 other passengers and crew members - including Mike Lynch's wife, Angela Bacares.

Mr Cutfield previously told Italian media "we didn't see it coming" when asked about the extreme weather that sunk the vessel.

His brother Mark said he was a "well respected" mariner who had captained luxury yachts for eight years and previously worked for a Turkish billionaire.

He told the New Zealand Herald he'd been involved in building yachts for 30 years and also raced dinghies competitively in his youth.

A maritime investigator says it is "unfair" to start blaming the crew of the Bayesian for its sinking.

Giovanni Costantino, CEO of The Italian Sea Group, which owns a firm which makes and sells vessels like Mike Lynch's sunken superyacht, told Sky News they "are absolutely safe", suggesting human error was behind the boat going down.

He said the "event" that capsized the British-flagged luxury yacht Bayesian off the coast of Porticello, Sicily, on Monday "could have been managed with an average amount of attention".

No official cause has been given for why the boat sank and James Wilkes, a marine investigator, says it's "premature" to start casting blame around before the facts are established.

"It's not uncommon to blame seafarers and the crew when a vessel has suffered a casualty of this magnitude," he tells Sky News.

"There were a lot of people who are understandably upset about this incident. And of course, the builders of this vessel potentially have their reputations on the line, their brand on the line. 

"You can imagine why they would be so forceful in their assertions and speculation at the moment. 

"But no, I don't think it's fair right now to jump to the conclusion that the crew must have done something wrong, because we simply do not know that as a matter of fact."

He added: "None of us were there at the time when it happened, it was only those 15 survivors on board who can tell us what happened.

"They were undoubtedly doing what they possibly could to keep that ship and the passengers safe. 

"So, I think at the moment we should wait to find out what the statements of the witnesses are, and then we can draw conclusions from that point forward. 

"It is definitely premature to start casting blame and spreading  aspersions around like that."

Hannah Lynch's older sister, Esme Lynch, has paid tribute to her late sibling after her body was recovered from the wreckage of the Bayesian.

The 18-year-old, who was due to start studying English at Oxford University next month, was the last person rescue divers were searching for in the wreckage.

Esme's statement says: "Hannah often burst into my bedroom and lay down with me.

"Sometimes beaming with a smile, sometimes cheeky, sometimes for advice. No matter what, she brought boundless love to me. 

"She was endlessly caring, passionately mad, unintentionally hilarious and the most amazing, supportive and joyful sister and best friend to me. 

"And on top of all this, she had even more love to give endlessly to all her friends and passion to give to her incredible studies and goals. 

"She is my little angel, my star."

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Wall Street and global shares jumped on Friday toward all-time highs, while Treasury yields slumped and the dollar languished, after a speech by U.S. Federal Reserve Chair Jerome Powell confirmed the United States would soon begin interest rate cuts.

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Billionaire Yacht Was Piloted Recklessly Before Deadly Sinking, Its Builder Warns

The builder of the sunken superyacht owned by British billionaire Mike Lynch, who died with six others after the vessel went down earlier this week , is blaming an "endless chain of errors" for the maritime disaster.

Flying under a British flag, the 184 foot Bayesian was built in 2008 by Italian builders Perini Navi and should've been "unsinkable" had proper procedures been followed, argues Giovanni Costantino, CEO of the Italian Sea Group, which owns the yacht manufacturer.

"Everything that has been done reveals a very long sum of errors," Costantino told Italian newspaper Corriere della Sera in an interview, as translated by People . "The people should not have been in the cabins, the boat should not have been at anchor. And then why didn't the crew know about the incoming disturbance?"

Red Sky at Morning

An investigation into the sinking is ongoing. It's believed that a small waterspout , or a waterborne tornado, struck the vessel as it was anchored off the coast of Porticello, Sicily, around 5 am local time on Monday, according to  CNN .

At some point after encountering the fierce winds, the ship's towering mast — the second tallest aluminum mast in the world — snapped, before the vessel appears to have capsized and sank with 22 people on board.

Costantino argues — pretty bluntly, we have to say — that the crew and passengers should've anticipated the stormy conditions.

"The passengers reported an absurd thing, namely that the storm came unexpected, suddenly," he said in the interview, per People . "It's not true. Everything was predictable. I have the weather charts in front of me here. Nothing came suddenly."

"Ask yourself, why was no fisherman from Porticello out that night?" he added. "A fisherman reads the weather conditions and a ship doesn't? The disturbance was fully readable in all the weather charts."

Batten Down

Their errors didn't end there, according to Costantino, who said in the interview that there would've been "zero risk" had the right maneuvers been made.

The captain and crew, he further explained to the New York Times , should've turned on the engine, lifted anchor, steered the boat into the wind, and lowered the keel for extra stability, while the passengers should've been gathered in the deck's main hall.

Another precaution would be shutting all the doors and hatches on the ship's side and stern. Costantino claimed that the Bayesian could list, or tilt to one side, to 75 degrees without capsizing, and shouldn't have sunk. But if some of those doors and hatches were left open, he told NYT , the ship could've taken on water too quickly.

As it stands, it's unclear how many of these procedures were executed. The ship's captain, James Cutfield, survived the ordeal and was questioned by authorities, but has not spoken to the media.

It's worth noting that Costantino's arguments could be seen as trying to exonerate his company of any wrongdoing. That being said, the speed at which a vessel of Bayesian's size and reputation sank has stunned sailors and investigators , who are trying to understand why most of the crew survived while six passengers perished.

More on nautical terrors: Orcas Strike Again, Sinking Yacht as Oil Tanker Called for Rescue

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British tech billionaire Mike Lynch confirmed dead after yacht sinking

The super-yacht sunk off the coast of Sicily early Monday.

Harris accepts Democratic nomination, FDA approves new COVID-19 vaccines, and 'pommel horse guy' heads to 'DWTS'

Get caught up on this morning’s news: Harris’s DNC speech, ‘pommel horse guy’ on ‘DWTS’ and more in today’s edition of The Yodel newsletter

China claims to have already reached its 2030 clean energy goal

The nation is six years ahead of its clean energy goal.

Paul Skenes pitches 6 scoreless innings as Pirates monitor his workload closely

Pittsburgh Pirates pitcher Paul Skenes continues to make a case for the National League Rookie of the Year award, throwing six scoreless innings Thursday vs. the Cincinnati Reds.

I'm 51 and test skin care for a living: Here are the week's best Amazon deals

Save up to 60% on skin-care essentials from Elemis, Grace & Stella, CosRx, CeraVe, RoC and more.