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  Corum takes the legendary Admiral watch collection to new heights both technically, as well as design and performance wise. It was more than 60 years ago that Swiss watch brand Corum first announced its Admiral collection. Inspired by the great sailing races from whose name the collection derives, the Admiral watch has undergone a host of … Read more

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  ClubSwan 125, the most awaited yacht of all times, is almost ready to hit the water. Born from the pen of Juan K, build from the best boatbuilders worldwide and shaped with the collaboration of the most brilliant minds in the marine industry, CS125 is a pure racer, technologically advanced and conceived to hit … Read more

Swiss Boat Builder And Luxury Watchmaker Are Chasing the World Sailing Speed Record

 

@sp80.ch

Swiss boat builder SP80 and luxury watchmaker Richard Mille have all the chances to break the world sailing speed record. The hull of the SP80 sailing boat as well as the Richard Mille watches are made from Carbon TPT.

The special ‘super-ventilated’ foil of this record-braking boat positions the sailing boat at the surface of the water to
guarantee its stability at high speed. The goal: to pass the 80-knot mark (150 km/h)

Swiss boat builder SP80’s latest challenge is to break the world sailing speed record in 2022. SP80 wants to do this with the support of the luxury Swiss watchmaker Richard Mille. Midway between a boat, a plane and a Formula 1 car, the boat comprised of Carbon TPT will need to reach a speed of 150 km/h (80 knots) powered only by wind.

North Thin Ply Technology (NTPTTM), a world leader in pre-impregnated materials, has also contributed to the
endeavour by supplying Carbon TPT for the boat’s structure. The team can now get to work on the crucial stage of producing the sailing boat, which will have to reach a speed of 150 km/h (80 knots) using the wind as its sole source of power.

@sp80.ch

Richard Mille luxury brand has always been captivated by speed, aeronautics and extreme developments. When the
project was presented to the high-end watch brand by its long-standing partner NTPTTM, which produces Carbon TPT exclusively for use in the cases of Richard Mille watches, choosing to support this incredible odyssey was an easy
decision.

SP80 is team of EPFL engineers and students, who believe that through the combination of sailing, kitesurfing and
engineering principles, their boat significantly outperform the standing World Sailing Speed Record.

“We are imagining unique solutions and daring concepts that have potential in the sailing world. By establishing a new record, we want to demonstrate the applications of a new set of tools in fast marine transport, offshore sailing and energy production. We are now building a boat capable of reaching 80 knots (150 km/h) with the wind as its sole source of power” – SP80.

@sp80.ch

“Fuelled by the desire to achieve their goal, SP80 are ready to shake up sailing conventions. This same daring spirit has been guiding our brand for the last 20 years. In this young company, we see the effervescence of an enthusiastic and talented team,” – Tim Malachard, Marketing Director at Richard Mille.

SP80 was founded in 2018 by Xavier Lepercq, Benoît Gaudiot and Mayeul van den Broek, three engineers who are
passionate about kitesurfing, sailing boats of every kind, and ocean crossings. Today, their company comprises some
40 engineers and students from EPFL (the Swiss Federal Institute of Technology in Lausanne).

To break the world speed record of 65,45 knots (121,21 km/h) set in 2012, the SP80 team set out to find a completely innovative solution. It is thus developing a sailing boat with a design unlike any other, measuring 7 m long and 6 m wide with a hull made entirely from Carbon TPT and propelled by a kite spanning 20 m. The engineering company has developed a ‘super-ventilated’ foil that positions the sailing boat at the surface of the water. In doing so, this technology avoids the phenomenon of cavitation, where water vaporised due to an excessive decrease in pressure affects performance.

The team has also filed a patent for a power management system, which transmits all the power from the kite to the
boat’s foil while maintaining stability at high speed. It is a design that is sure to go down in history.

“This is a partnership between two Swiss companies that are committed to high performance, exceptional feats and innovation,” explains Mayeul van den Broek, co-founder of SP80. “Even our respective production processes are similar in their use of Carbon TPT, which features in both Mille watches and our boat. Richard Mille’s involvement in the SP80 adventure is a source of great pride and incredible motivation for our young team. It means that we can step up our development and begin building our sailing boat, so that it can make its first journeys out to sea in 2022.”

 

@sp80.ch

 

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Two rival yacht builders form a Joint Venture to rescue the bankrupt Perini Navi

@perininavi.it

This is an alliance of historic importance for the yachting industry. Ferretti Group and Sanlorenzo form a Joint Venture to rescue Perini Navi, one of the world’s most iconic luxury sailing brands.

Ferretti Group and Sanlorenzo, two rival Italian motoryacht builders, announced the creation of a 50:50 Joint Venture NewCo to take over Perini Navi, declared bankrupt by the Court of Lucca on January 29. Perini Navi is an Italian shipyard based in Viareggio, Tuscany, Italy. Perini Navi‘s largest project to date was the 88m Maltese Falcon for repeat client Tom Perkins. Other owners include Rupert Murdoch, Silvio Berlusconi, Turgay Ciner, Gerhard Andlinger, Larry Ellison, George Economou, Massimo Moratti, Bertram R.C. Rickmers and Kenneth P. Weiss.

In 2021, an Italian court declared Perini Navi bankrupt. It had made a loss of €80.87 million at the end of 2019, and a debt exposure of nearly €100 million by the first quarter of 2020. It employed about 100 employees at the time.

Through the NewCo, world leading players of Italian yachting excellence Ferretti Group and Sanlorenzo have expressed their interest in making an offer to acquire the trademarks, assets and Italian operations of Perini Navi, if necessary with a business unit lease agreement, in order to ensure a swift recovery of production activities and the maintenance of employment levels.

“It is fair to say at this point that the loss of the Perini Navi brand would be a sad day for the superyacht market. However, the strength of the business’ brand, location and portfolio make it a fascinating opportunity for the potential investors and with three major shipyard groups already announcing their interest in the brand, one can assume that this does not signal the end of Perini Navi,” commented superyachtnews.com.

“While the acquisition of Perini Navi’s physical assets perhaps represents the most obvious benefits for the superyacht businesses that are interested in the acquisition, the market would do well to remember the historical strength of Perini Navi’s brand,” added superyachtnews.com.

@perininavi.it

“This is an important day for the Italian yachting industry, for the employees of Perini Navi and for their families, ensuring in this way that their passion, experience and unique skills will continue to be protected. As will the Perini Navi supply chain, which is made up of numerous suppliers who will be reassured and whose peace of mind will be restored by today’s safeguards,” said Ferretti Group CEO Alberto Galassi.

“At Ferretti Group we are always on the lookout for excellence and capabilities to integrate with our own. And often we find them in Italy, as is the case today. We are confident our commitment will translate into further growth that benefits the local area and raises the profile of the Italian yacht industry still further. I would also like to emphasise the historical importance of the alliance with Sanlorenzo, reflecting the new spirit of collaboration sweeping through Italy: a positive broadening of our horizons that will let us seize even more opportunities and deliver even more success”.

“I began my professional career in the yacht industry in Viareggio, in the same place and year in which Perini Navi was starting life a short distance away,” said Sanlorenzo Executive Chairman Massimo Perotti.

“That was back in 1983 and since then I’ve always had great admiration for the business model adopted by this remarkable brand: boats with outstanding qualities, built exclusively to order for a limited number of expert owners and connoisseurs. These are the same unique features I found years later in Sanlorenzo. Because of these similarities and with a strong determination to rescue an Italian brand with an unparalleled history, in the interests of the local area, all stakeholders and first and foremost employees and suppliers, I have from the outset confirmed the willingness of Sanlorenzo to contribute to the brand’s relaunch. Today I am pleased to be able to do so jointly with Ferretti Group. It is an alliance of historic importance for our industry, one which I am convinced will continue to develop and set an example for other initiatives aimed at strengthening our world leadership in this sector”.

perininavi.it