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4 March 2026

A large, modern white yacht floats on calm water under a blue sky with light clouds, with distant land and mountains visible in the background.
June

Benetti delivers the fourth Mediterraneo 116 and the fifth Delfino 95

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In conjunction with the Versilia Yachting Rendez-vous, a boat show held from the 9th to the 12th of May in Viareggio, where it became the protagonist by exhibiting 3 yachts of the Class category, Benetti also delivered M/Y “Good Day”, the fourth hull of Mediterraneo 116 and M/Y “Baya”, the fifth unit of Delfino 95. The exterior lines of both yachts were designed by Giorgio M. Cassetta and the interiors were developed by Benetti’s Interior Style Department projects.

A large white luxury yacht cruises swiftly through open blue ocean waters under a cloudy sky, leaving a wake behind it.
June

MY “SPECTRE”, the 69 meter custom yacht built by Benetti, wins the Best Custom-Built Yacht category at the Asia Boating Awards 2019

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Benetti know-how, the technology used by Mulder Design to develop the hull and remarkable performance are all factors contributing to the victory of the innovative M/Y “Spectre”, built in Livorno, at the Asia Boating Awards 2019 in the Best Custom-Built Yacht category. The presentation of this one-of-a-kind craft to the yachting community represents another major milestone for Benetti. The exteriors are by Giorgio M. Cassetta, while the modern interior design is the work of Benetti’s Interior Style Department.

Aerial view of a luxury yacht’s curved wooden deck and stairways, centred around a circular blue jacuzzi, with sleek white railings and surfaces creating an elegant, geometric pattern.
June

Benetti Mega Yacht “SPECTRE” wins World’s Best Yacht Award

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A symbol of Made in Italy excellence, with a unique and inimitable design,69-metermega yacht M/Y “Spectre” is back on the top step of the podium at the World Superyacht Awards in the category “Displacement yachts between 500 and 1,999 tonnes”. The Boat International judges were won over by exteriors designed by Giorgio M. Cassetta and interiors by the Benetti Interior Style Department. M/Y Spectre is also a worthy winner of the award because of its sporty performance, the cutting edge technology of the hull by Mulder Design, and ​Total Ride Control®​ ​by Naiad Dynamics.

June

Yacht Insurance Market Continues To Change

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Six months into a ‘hardening’ insurance market in the yacht sector all owners of yachts no matter the shape or size who have faced their renewals have been hit with substantially increased premiums and deductibles while seeing the breadth of the cover they had reduced with lower sub limits and more restrictions placed on them. For larger yachts the more experienced insurers are insisting on yachts being in Class and this is likely to hit Asian owned yachts hard as many yachts in the region have been taken out of Class in recent years. We have seen premiums increase up to 40% for yachts with no claims and some are finding it hard to find cover at all as insurers lose appetite for risks that even last year seemed normal as they face restrictions on what they are allowed to underwrite in order to try and stop the flow of losses hitting their books. While increased costs are not what anyone wishes to experience this change has been long foretold and, frankly, in order to produce a sustainable business with yacht insurance there needs to be a good few years of increasing premiums ahead to get things back on track. Premiums are still about a half to a third of where they were 20 years ago. The hope is, however, that while premiums are likely to continue to increase the significant changes to cover afforded and increases in deductibles seen will be sufficient for insurers. This all depends on how the yacht sector performs in the coming couple of years and whether the changes effected actually work.

May

Final countdown to Australian Superyacht Rendezvous 2019

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GOLD COAST, AUSTRALIA: It’s the South Pacific’s leading superyacht event and one that demonstrates Australia and the broader Asia Pacific are on the cusp of a superyacht surge with over $250 million of leading superyachts set to assemble on 17 and 18 May at Gold Coast City Marina & Shipyard (GCCM) for the third annual Australian Superyacht Rendezvous.

A jetty with a walkway extending over blue water, a large yacht in the background, and potted tropical plants in the foreground under a partly cloudy sky.
May

APS Indonesia welcomes old friends.

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Our good friend Capt Ed Shiels and his command MY Latitude pulled into Bali last week for fuel, provisions and some R&R for the crew as the ship travels on to Australia for its five year re-fit.

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