Shipyards
The Italian Sea Group: five binding offers, court reorganises the proceedings
According to its own announcement, TISG received five binding offers on 19 October. All are structured as purchases of business units, two of them covering the entire company. According to Il Sole 24 Ore, these two come from Azimut-Benetti and SRI Global. After a hearing on 28 October, the court in Florence intends, according to Pressmare, to convert the proceedings into a court-supervised settlement with creditors. Azimut-Benetti is said to have raised its offer to €210m, while SRI Global names a total of €260m, €40m of it for restarting production. There is no TISG announcement on the selection yet; the restructuring plan is due with the court by the end of October.
Sources: The Italian Sea Group, press release · 19 October 2026, Il Sole 24 Ore, Pressmare · 29 October 2026 (bidders, amounts and court only from secondary sources)
Sanlorenzo bids only for the La Spezia yard
Polo Nautico Carrara, a company wholly owned by the Sanlorenzo group, has submitted a binding offer for TISG’s “La Spezia Shipyard” business unit. Originally more was planned. According to Sanlorenzo, the scope was limited to this site because of the documents available and the timetable. According to Teleborsa, Bank of America considers the smaller offer easier to execute.
Sources: Sanlorenzo, press release · 19 October 2026, Teleborsa · 21 October 2026
Ferretti may build yachts up to 100 metres in Ancona
Since 21 October the superyacht yard in Ancona has had permission to extend a shed. Until now yachts up to 90 metres were possible there, in future up to 100 metres. The permit came after 54 days, and construction is expected to take around six months. Ferretti initially expects around €30m of economic output for the region.
Source: Ferretti Group, press release via Pressmare · 26 October 2026
ISA Yachts presents the 86-metre “Poseidon” design
The Palumbo Superyachts brand shows a new project in its large-yacht range: 86 metres long, steel hull with aluminium superstructure, beach club, pool on the main deck and helipad. According to the yard, range is around 5,000 nautical miles. The yacht is not yet in build; ISA says it currently has 14 superyachts under construction.
Source: ISA Yachts, press release · 21 October 2026
Gulf Craft launches the Nomad 101 “Charisma”
The Emirati yard has launched the new Nomad 101. According to the yard, the interior relies on sustainable materials.
Source: Yachting News, statement from the yard
Shows & Events
FLIBS: AB 95S and a new explorer from Westport
AB Yachts is showing the AB 95S at the Fort Lauderdale International Boat Show. She is around 28 metres long, has three MAN V12 engines and, according to the report, is meant to exceed 53 knots. Westport brings the model of the 172 Endeavour, a 52-metre explorer for long passages.
Sources: Pressmare · 20 October 2026, Boat International (secondary sources only, no statement from the yards found)
Market
Fraser: the market is booming yet remains scarce
In an interview, Fraser CEO Anders Kurtén estimates that around 400 yachts over 30 metres change hands every year. Clients are getting younger and chartering for longer, and some first-time buyers plan straight away for 60 metres.
Source: Spear’s, interview with Anders Kurtén · 22 October 2026
Pre-owned yachts at FLIBS: prices on the move
According to Boat International, the 92.9-metre Oceanco Draak is among the yachts at the show. For the 42-metre Benetti Emina, the price has been cut by US$1m for the show only. The figures come from the brokers.
Source: Boat International (secondary source only, brokers’ figures)
Dates
- Fort Lauderdale International Boat Show: until 1 November 2026. FLIBS
- METSTRADE, RAI Amsterdam: 17–19 November 2026. Visitor registration is free until 31 October inclusive. METSTRADE · 3 September 2026
- The Italian Sea Group: restructuring plan and choice of offer expected by the end of October. TISG announcements
- boot Düsseldorf: 23–31 January 2027, the exhibitor list appears from the end of October. boot Düsseldorf
Comment
More space for large yachts is the theme of these weeks. Ferretti is expanding in Ancona, Sanlorenzo wants La Spezia, and a new owner is being sought for Admiral and Perini Navi. Anyone with a yacht in build or a contract at TISG should check now how deposits and guarantees are secured and who will deliver in future. For buyers of pre-owned yachts, the prices at FLIBS show that negotiating is possible again.
About us: MUTINYQUE gives independent advice on buying, new builds and refits: Advisory. Yachts for charter are at mutinyque.com/en/yachts.
MUTINYQUE (PINHOFF GmbH) is an independent company. All brands mentioned belong to their owners. Figures from announcements are as stated by the companies concerned.