The Superyacht Group, 3-7 Northcote Road (2025)

20/08/2025

As part of News Editor Conor Feasey’s deep dive into the thorny topic of teak in our recent Captains issue of The Superyacht Report, he spoke with three of the top suppliers about the alternative deck materials that offer all the properties owners are looking for while being both ethical and sustainable.

Their responses are being published in three parts – here is the second; part I has already been published and the third will follow in the coming days.

Traceability and certification are clearly central to your operation. How are you navigating that alongside ongoing controversies with Myanmar teak?
Well, of course, it’s about sustainability, but it’s also about protecting ourselves. We have to be certain we’re using the right sources and certificates and that everything comes from legal sources. This is a key part of our business. If we make a mistake, it’s not just a minor problem – our company could get into trouble.

You still see misleading claims being made in the industry all the time. At trade shows, for example, we’ve witnessed teak dealers from China offering what they call “Chinese teak”. We would never purchase that kind of wood.

Tap the link in our bio to read more on SuperyachtNews.com

18/08/2025

Our chairman, Martin Redmayne, wanted to wade in and ask the market to join the debate and share opinions, ideas and visions on this crucial topic.

With the yachting show season now in full swing, thousands of crew are working long hours to ensure everything on board runs seamlessly – from flawless service to safe, efficient operations.

Their dedication, skill and resilience are the backbone of the superyacht experience, yet questions remain about how well the industry supports and retains its people.

Over a LinkedIn discussion recently, industry voices shared candid thoughts on salaries, benefits, training and retention. Recruitment specialist Liam Dobbin observed: “We are not short on crew, we are short on the right crew.” Captain James Battey added: “For too long, crew salaries have remained flat while yachts get bigger, operations more complex and demands on crew increase.”

Many responses called for better conditions, leadership and tangible benefits beyond pay. Consultant Oscar Siches suggested creating crew introduction courses that present the real superyacht world, while Captain Brendan O’Shannassy argued: “Until crew are viewed as an asset as opposed to a cost to be trimmed … we will not move forward.”Engineer Fredrik Alm highlighted that shore-based roles often offer far greater social security and pensions, and Deckhand Andreea Moldovan stressed the need for time to truly enjoy life ashore.

The message is becoming more transparent – if we want to build long-term, high-performing teams, we need to treat crew as assets, not costs. That means rethinking how we recruit, train, support and reward the people who keep this industry moving.

Tap the link in our bio to read more in Issue 225.

15/08/2025

In the month leading up to the incident, the deck crew, including the reporter, had been extremely busy, often exceeding the required hours of rest. Fatigue was a persistent issue. The reporter, a relatively new deckhand on the vessel, had only dropped anchor once or twice.

On this occasion, the crew hurried to anchor. Due to inexperience with the vessel’s anchor markings, the reporter misjudged the length of the deployed chain, thinking that four shackles had been dropped when, in fact, there were five. The final warning markings were very short and close to the chain’s end, making them unclear. As a result, the bitter end unexpectedly emerged from the chain locker. At that moment, the reporter was positioned near the brake wheel and their hand was nearly crushed as the chain ran out. It was later discovered that the bitter-end shackle lacked a safety pin for securing it; this was on a brand-new vessel.

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13/08/2025

As part of News Editor Conor Feasey’s deep dive into the thorny topic of teak in our recent Captains issue of The Superyacht Report, he spoke with three of the top suppliers about the alternative deck materials that offer all the properties owners are looking for while being both ethical and sustainable.

Their responses are being published in three parts – here is the first; parts II and III will follow in the coming days.

Teak might still be the deck king, but is the kingdom is on borrowed time? Richard Strauss, CEO of , has spent over a decade meticulously testing alternatives, stress-testing supply chains and preparing for what he saw as the inevitable shift.

In this conversation, he lifts the lid on what’s actually viable, why green teak might be the sleeper hit and how the next generation of owners is asking very different questions than their predecessors ever did.

Tap the link in our bio to read more on SuperyachtNews.com

07/08/2025

Emerging out of South Africa in 1987, with a group of local investors building hulls and super structure to be transported to Holland for completion, in the heydays of interesting mechanisms and financial structures across global jurisdictions, has had a fascinating history and has enjoyed various patriarchs at the helm.

This unique evolution was followed in 2002 by the Angelopoulos Greek Era, with the creation of the Alfa Nero series, perhaps one of the most successful models of the time: a progressive, dynamic, innovative and iconic yacht range and still easily recognisable globally.

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06/08/2025

Written by our News Editor Conor Feasey

A missing-person search for Halit Yukay, owner and lead designer of Mazu Yachts, is still underway as authorities locate the wreckage of his yacht, Graywolf, off the coast of Marmara Island in Balikesir, Türkiye. The 43-year-old had reportedly set sail from Yalova to the Greek island of Mykonos.

Founded in 2011 by Yukay in Yalova, Türkiye, Mazu Yachts builds carbon-composite and steel-hulled yachts with composite superstructures ranging from 11 to 40 metres. Yukay began designing boats as a child, completing his first major project, a 16-metre yacht, before launching the company.

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04/08/2025

As I sit with Victor Vescovo in a nondescript hotel café in West London, it’s hard not to become platonically enamoured by his candour. He doesn’t speak like someone who has been to the deepest depths of the world, or even someone who has gone beyond the stratosphere, although the latter is particularly refreshing given the famously dry demeanour of some astronauts.

Despite building his wealth through private equity investing and having previously served in the US Navy for two decades, there’s no trace of a billionaire’s bravado; rather, a plainly passionate speaker and adventurer, as we discuss submarines, satellites and shipyards.

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01/08/2025

Two crew members were on board during a routine launch of a crew tender in port while the bosun operated the crane from the bridge deck. Following standard procedures, he lowered the tender with the crane fully extended and lifted the hook clear to stow it.

However, the bosun became distracted and inadvertently increased the hoisting speed. The hook struck its stop-stowed position with excessive force, breaking free from its clamped arrangement. The 10kg hook then fell 12 metres, narrowly missing a deckhand by just 20cm before striking the inside of the sponson. The impact sent the hook flying to the side of the boat, causing significant damage to the fairing.

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31/07/2025

When I helped found 24 years ago, our motivations came from an environmental perspective: “Can we develop a technology that can help vessels avoid hitting rocks causing oil spills, and avoid whales causing ship strikes?”. Today, our 3D forward-looking sonar products are being used by vessels around the world exactly for these types of applications. These products didn’t materialise magically. Rather, my team and I spent years researching, developing, testing and improving the technology.

Over the course of this development, I’ve had the opportunity to participate in a number of whale research studies, and along the way, I learned an incredible amount about these amazing creatures beyond just what they look like to a sonar. If you’ve had the opportunity to spend any amount of time close up with these amazing creatures, the experience is transformative.

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30/07/2025

The British Supreme Court has unanimously dismissed the appeal of Dalston Projects in its bid to overturn the detention of Phi in London. It’s a watershed moment, a landmark ruling that upholds the legality and proportionality of the UK government’s sanctions regime, affirming that the 59-metre ’s detention was lawful, even though its ultimate beneficial owner, Sergei Georgievich Naumenko, has not been personally sanctioned.

The judgment cements the government’s authority to detain assets deemed “connected to Russia” under the Russia (Sanctions) (EU Exit) Regulations 2019. The decision also brings Phi’s domestic legal challenge to an end, closing all remaining UK avenues for appeal. The case was heard in conjunction with that of businessman Eugene Shvidler, whose own challenge to his designation under UK sanctions was also dismissed, albeit by a majority rather than unanimously.

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29/07/2025

Captain Brendan O’Shannassy doesn’t deal in vague ideas. After decades at sea running some of the fleet’s most iconic yachts, he’s had time (and reasons) to question how the industry actually works and how much of it still doesn’t. Now based in the Austrian Alps, O’Shannassy has gone off piste, trading Fremantle’s Indian Ocean breeze for alpine air, operating ski apartments when he’s not sailing as captain on a leading charter yacht.

At first glance, it’s an unusual turn. From dive shops and naval service to the helm of superyachts up to 10,000gt, his career has always revolved around structure, service and the people who deliver both. That full-circle journey gives him a rare vantage point, one that sees through the Potemkin village and speaks plainly to the gaps. With calm, precise conviction, he’s calling time on the blind spots and inefficiencies that no one else seems willing to touch.

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28/07/2025

We have typically measured and analysed this industry in decades, specifically looking at the past few decades as a growth phases, when wealth and luxury exploded in our superyacht world. However, in the past few years we have witnessed several celebrations of legacies and historical landmarks across our primary brands in the industry, and most recently I have been privy to some incredible imagery and chronicles of the whole family, including one where Peter Lürssen looks elegant, youthful and charming alongside his father.

Yes, it’s wonderful to be able to celebrate 150 years and to show the history and cultural changes over time, with generations of workers, all of whom have left their fingerprints on the steel and wood of the Lürssen fleet. It’s hard to imagine the thousands of hands that have crafted myriad vessels, the millions of man hours that have toiled to create wooden row boats all the way through two World Wars to now building some of the most impressive superyachts cruising the oceans.

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