Last week (3 April) saw an unprecedented celebration of classical music and artisan craftsmanship in central London.
Hosted by Sanlorenzo Yachts UK and Howden Private Clients at the Minotti London showroom, the evening brought together a distinguished audience for a rare and extraordinary performance.
A truly priceless musical interlude unfolded as two remarkable Stradivarius violins, in the hands of the world-renowned violinists Tomo Keller and Andrew Bernardi, played together for the first time.
Crafted over three centuries ago by the legendary Italian luthier Antonio Stradivari, these historic instruments – though visually distinct – demonstrated their unparalleled ability to project with power and clarity, commanding attention to be heard above the force of a full orchestra.
Set against Minotti’s exquisitely curated backdrop on Margaret Street, the intimate gathering was immersed in the exceptional tonal nuances and dynamic range that define these rare musical masterpieces.
Nick Hatfield, Managing Director at Sanlorenzo Yachts UK, reflected on the profound connection between Stradivari’s craftsmanship and Sanlorenzo’s legacy of yacht building:
“For over 60 years, Sanlorenzo has exemplified the finest Italian craftsmanship in luxury yacht building. Just as every Sanlorenzo yacht is a singular work of art, with its own story to tell, each Stradivarius violin is uniquely crafted, with a sound and character as distinctive as the instrument itself.”
With only 650 Stradivarius violins believed to exist today, these instruments are among the rarest in the world. Their preservation is paramount, yet their true essence is realised only through performance.
Charlie Jenkins, Head of Asset Finance at SPF Private Clients, Part of Howden, emphasised the delicate balance between preservation and use:
“Instruments of this calibre must not only be safeguarded – they should be played. The relationship between violin and violinist is symbiotic: the more an instrument is played, the more it develops its voice, enriching both its sound and the artist’s interpretation of the music.”
Despite their historical and artistic significance, Stradivarius violins remain financially out of reach for many of the world’s most gifted musicians. It is only through philanthropy and dedicated patronage that these rare instruments continue to grace the global stage – a challenge Howden is committed to addressing.
Jenkins unveiled a vision close to the heart of Howden as the leading insurance broker for fine instruments:
“We understand the profound impact that an instrument can have on a musician’s career. Our vision is to ensure that exceptional violins, like those played by Tomo and Andrew, are brought out of storage and placed in the hands of talented artists. Achieving this goal will require the support of philanthropists and investors, and we are confident that Howden, given our market position, can lead this initiative. Our aim is to ensure these instruments continue to inspire and transform the lives of the finest musicians of their generation.”
The evening at Minotti was more than a performance – it was a testament to the enduring legacy of craftsmanship, and the importance of preserving musical and artistic excellence for generations to come.
At this year’s British Motor Yacht Show, the award-winning team from Sanlorenzo Yachts UK will be presenting the largest lineup of Sanlorenzo yachts ever seen at a UK boat show.
Highlighting the Italian shipyard’s innovative design, craftmanship and almost limitless capacity for customisation, a Sanlorenzo SX76 and SL96A will be on display on the water at Swanwick Marina throughout the four-day show, 15-18 May 2025.
In addition, alongside these stunning yachts will be the versatile BG54 from Bluegame, a brand of Sanlorenzo.
“The 2025 British Motor Yacht Show is a fantastic opportunity to present the incredible yachts from Sanlorenzo and Bluegame so that clients can experience the clear differences that our yachts offer,” says Nick Hatfield, Managing Director of Sanlorenzo Yachts UK.
“Having made our debut at the event last year with an SL90A, we are delighted to return with our largest-ever UK showcase.
“Due to the bespoke nature of Sanlorenzo and Bluegame interiors, it is rare to have such an extensive lineup in the UK. This is a unique opportunity to see firsthand how we craft yachts that reflect the personal style and lifestyle of each individual owner.”
The 2025 Sanlorenzo SX76 is an extraordinary crossover yacht that masterfully combines the elegance of a classic flybridge yacht with the robust capabilities of an explorer-style vessel. Maintaining Sanlorenzo’s hallmark sophistication and craftsmanship, the SX76 epitomises modern yachting excellence.
Conceived for discerning owners who seek adventure, social engagement, and relaxation, the 23.75-metre SX76 maximises every inch of onboard space. Expansive decks and meticulously curated outdoor areas establish a harmonious connection to the sea, delivering an unmatched alfresco lifestyle experience.
The cockpit is tastefully furnished with a Talenti sofa, chairs, and coffee table, creating an inviting setting for seamless outdoor entertaining. The semi-enclosed flybridge offers an equally refined atmosphere, featuring a B&B Butterfly modular sofa, an electric up/down folding top table, and a fully equipped wet bar complete with a fridge, ice maker, and grill.
The interior boasts and expert blend of natural tones and textures, accentuated by incredible designer furnishings of the highest calibre. Notable pieces include the Poltrona Frau Fiorile coffee table and the iconic Cassina Utrecht armchair. The main deck salon and dining area are finished with light oak and American walnut flooring, offering a sense of understated luxury and warmth.
Designed for supreme comfort, the SX76 accommodates up to eight guests within a thoughtfully arranged layout. The full-beam owner’s cabin, VIP guest suite, and two twin guest cabins each feature en-suite bathrooms finished with Emperador marble and premium Fantini Rubinetti fixtures and accessories, elevating the onboard experience to the highest standard.
This Sanlorenzo SX76 is available for immediate delivery following the show.
A remarkable example of what Sanlorenzo can build, an exquisitely customised SL96A will be available for exclusive viewing.
As part of Sanlorenzo’s streamlined and well-balanced planing series, this 29.06-metre yacht features the shipyard’s pioneering Asymmetric design — raising the port-side deck to a higher level, thereby enhancing both interior volume and flow.
Crafted so those onboard can experience the ultimate engagement with the sea, the SL96A offers uninterrupted panoramic views, with natural light cascading into the expansive saloon through floor-to-ceiling windows. The result is a seamless integration of modern design and refined luxury.
Setting a new standard in yacht design, the Bluegame BG54 exemplifies a perfect balance of style, functionality, and performance. This cutting-edge vessel reflects the latest advancements in marine technology and ergonomic design.
Engineered for both comfort and versatility, the expansive stern area and 360° cockpit deliver exceptional panoramic views, which can be enjoyed from plush seating surrounding the extendable dining table — ideal for both social gatherings and quiet relaxation at sea.
Uncompromising in safety and performance, the wheelhouse features a distinctive reverse windshield to ensure optimal visibility and control in all weather conditions.
This Bluegame BG54 is available for immediate delivery following the show.
For more information on any of these stunning yachts, to book an appointment at the British Motor Yacht Show, or to discuss options prior to the show including part-exchange, finance, crew, management and berthing, please contact the Sanlorenzo Yachts UK team via [email protected] or +44 (0) 2380 450 001.
Sanlorenzo has finalised its 2024 financials with record-breaking results, confirming significant growth in revenue and profitability.
These impressive numbers were released following its board meeting on 10 March 2025, where the company’s board of directors also outlined the firm’s 2025 guidance, which reflects continued growth despite economic and geopolitical uncertainties.
Key Highlights from 2024 results:
Strong Performance and Future Growth
Sanlorenzo’s 2024 performance was boosted by demand for its latest yacht models and a growing international presence. The Americas region showed a significant rebound, contributing 15.8% of total revenue (up from 11% in 2023), while the Middle East and Africa grew to 13.1% of revenue (up from 9.3%).
New models like the SP92, SL86-Asymmetric, and the SD132 — Sanlorenzo’s first composite yacht over 40-metres — helped drive growth in the yacht division. The superyacht division also saw growth driven by the Steel line, particularly the 50Steel HER (Hidden Engine Room) model. The Bluegame division remained stable despite ‘challenging conditions’ in the sub-24-metre segment.
Healthy Backlog and Confident 2025 Outlook
Sanlorenzo ended the year with an order backlog of €1.02 billion, with 88% of orders coming from final clients. Of this, €623.1 million is scheduled for 2025, while €396.7m relates to subsequent years, providing long-term revenue visibility. The order intake for the fourth quarter of 2024 reached €230.2m, an 11% increase over the same period in 2023.
Looking ahead, Sanlorenzo’s guidance anticipates net revenues of between €960 million and €1.02 billion in new yacht sales in 2025 — a projected increase of around 6%. EBITDA is forecasted to reach between €178 million and €194 million, with EBIT expected to land between €139 million and €149 million.
Commitment to Sustainability and Innovation
In addition to financial performance, Sanlorenzo approved its 2024 Consolidated Sustainability Report, marking its first structured reporting under Italian Legislative Decree No. 125, which transposes the European Union’s Corporate Sustainability Reporting Directive (CSRD) into Italian law.
Massimo Perotti, Chairman and Chief Executive Officer of the Company, commented:
“In 2024, we delivered significant strategic milestones, surpassing €100 milion net profit threshold, around four times higher compared to 2019, as proof of the effectiveness of our long-term vision. We proudly confirm the complete realisation of our objectives with record results, the consolidation of our direct distribution network and entry into the sailing yacht segment.
“The Group’s solid financial position alows us to continue investing in growth and consolidating our leadership in the most profitable and resilient market segments. Today’s presentation of the 2025 Guidance, in the current macroeconomic and geopolitical environment, reflects a journey of continued sustainable progress. This trajectory is further strengthened by the evolution of our industrial model, leveraging strategic acquisitions that continue to enhance the appeal of our product range.
“These important milestones further differentiate our unique positioning as a global icon of ‘beauty made-to-measure’, seamlessly combined with cutting-edge technological expertise, within a solid and well-established business model aimed at gradual and sustainable growth over the medium-long term.”
Sanlorenzo Yachts UK is pleased to announce the sale of the 26.7-metre Sanlorenzo SX88 Hard 8 has successfully completed, with the whole transaction managed in house with Nick Hatfield representing both buyer and seller.
Launched in 2021, Hard 8 epitomises Sanlorenzo’s highly coveted SX88 ‘crossover’ model, renowned for its innovative fast-displacement design and seamless integration of luxury, performance, and adventure.
Her expansive saloon, framed by floor-to-ceiling windows, offers uninterrupted panoramic views, blurring the boundaries between indoor and outdoor living.
On the flybridge, the helm station can be fully enclosed and climate-controlled via automated side windows, allowing for all-weather navigation while preserving the vast main deck as an open-plan living space from bow to stern—an architectural masterpiece in yacht design.
The yacht’s sophisticated, neutral-toned interior is meticulously appointed with premium materials, ensuring an ambience of refined elegance that mirrors her striking exterior.
At the stern, an innovative transom design accommodates a 4.5-metre tender and an array of water toys. When the toys are deployed via the integrated crane, this space transforms into a generous 30m² beach club, complete with a hydraulic swim platform—offering the ultimate oceanfront retreat.
Designed for both private escapes and entertaining, Hard 8 features a family friendly four-cabin layout, comprising a luxurious owner’s suite, a forward VIP cabin, and two twin guest cabins –each with its own ensuite.
Powered by three Volvo IPS1050-800HP engines, the SX88 delivers a swift cruising speed of 17 knots and a top speed of 23 knots, combining performance with efficiency.
While the final sale price remains confidential, Hard 8 was asking €5,450,000.
Sanlorenzo has released its preliminary consolidated results for the year ending 31 December 2024, with 2024 Guidance being met at all levels.
Net revenues from the sale of new yachts totalled €930.4m – a 10.7 per cent year-on-year increase. EBITDA rose by 12 per cent to €176.4m, with a margin of 19 per cent on revenues. EBIT increased by 10.6 per cent to €139.3m, with a margin of 15 per cent. The net cash position, adjusted for acquisitions and the share buy-back in the second half of the year, stood at €112.8m.
Order intake in Q4 2024 amounted to €230.2m, compared to €207.8m in Q4 2023, with Sanlorenzo confirming its ability to keep receiving a significant number of orders despite waiting lists extending up to 2028. This is primarily due to the desirability of the product portfolio and brands – complementary and non-overlapping – each exclusively positioned at the top end of their respective market segment.
The results show 88% of the order back log is covered by final clients, with a net value exceeding €1bn. As of 31 December 2024, the net backlog was €1,019.8m, compared to €1,041.7m as of 31 December 2023, with €623.1m scheduled for 2025, and €396.7m for subsequent years.
“Our solid growth trajectory, confirmed by achieving results both in terms of revenues and margins, highlights the effectiveness of our “Haute Couture” business model and the ability of our team to successfully navigate global markets and close valuable acquisitions, even in uncertain times like 2024,” says Massimo Perotti, Sanlorenzo Executive Chairman.
“We are steadily pursuing the Group’s long-term vision and executing the strategic objectives set out in our business plan, while maintaining a solid financial position and liquidity that allow us to evaluate and seize every opportunity to further strengthen our brands.
“In line with our ‘Road to 2030’ strategy, our spirit of innovation continues to permeate every aspect of the Group’s activities, from concept design to cutting-edge technological solutions, guiding a strategic path that reflects the company’s ambitions and vision as a pioneer in sustainable yachting technologies.
“On the commercial side, we are further strengthening our direct presence in key international yachting hubs, ensuring close proximity to our select clientele, strengthening our competitive advantages, and consolidating the pillars of excellence that define the Sanlorenzo experience.
“We look to the future with confidence, focusing on the execution of our projects while leveraging the values that have always distinguished us: desirability, scarcity, and true sustainable luxury, supported by a strong drive for innovation that remains faithful to the brand’s heritage.”
Key events and milestones in 2024
On 1 August 2024, Sanlorenzo signed a binding agreement for the acquisition of 100% of Nautor Swan, including its subsidiaries within the acquisition perimeter (the ‘Nautor Swan Group’). The Nautor Swan Group consists of 13 companies operating in seven countries (Finland, Italy, Spain, Monaco, UK, USA, and Australia) and is primarily engaged in the design, construction, marketing, and refit of luxury sailing yachts under the Swan, Maxi Swan, and ClubSwan brands, as well as motor yachts under the Shadow and Arrow brands.
When it comes to technological innovation, three yachts launched in 2024 stand as concrete examples of Sanlorenzo Group’s innovative spirit, each marking significant milestones: the 50Steel by Sanlorenzo, the world’s first superyacht equipped with a Reformer Fuel Cell system capable of converting green methanol into hydrogen and then into electricity to power all onboard hotellerie services, without the need to store hydrogen on board. The BGH-HSV by Bluegame, a foil-assisted chase boat with exclusively hydrogen-powered, zero-emission propulsion, which supported the American Magic and Orient Express teams during the America’s Cup. The Swan 88 DreamCatcher, which won the Eco Award at the BOAT International Design & Innovation Awards for its advanced diesel-electric hybrid propulsion system.
In terms of partnerships and ongoing projects, in January 2025, Sanlorenzo signed a partnership with MAN for the development of the first bi-fuel propulsion system using green methanol. This system will be installed on the new 50 X-Space, scheduled for delivery in 2027, and will enable a reduction of emissions during navigation by up to 70%.
Also in January 2025, Nautor Swan and American Magic entered a partnership following the recently concluded collaboration between Bluegame and the America’s Cup. This agreement aims to revitalize Nautor Swan in its historic core market – the Americas.
In line with Sanlorenzo’s international positioning as a creator and promoter of the finest expressions of Italian culture, the renovation of Casa Sanlorenzo in Venice is nearing completion, with its inauguration scheduled for summer 2025. The venue will host Sanlorenzo Arts Venice, a hybrid space dedicated to culture and the arts, with the initiative aiming to contribute to a global cultural movement that fosters positive change in society for a more sustainable future.
The groundbreaking Bluegame BGM75 has been shortlisted for the prestigious 2025 Multihull of the Year Award, solidifying its status as a game-changer in luxury yachting.
Blending cutting-edge innovation with unparalleled comfort, the BGM75 delivers exceptional stability, a spacious interior, and remarkable fuel efficiency. Its expansive beach club and generously sized saloon create the ultimate onboard sanctuary, while seamlessly connected cockpits, an optimised helm station, and panoramic visibility ensure effortless movement and control.
“Winning this award would be another well-deserved victory for the revolutionary BGM75,” says Nick Hatfield, Managing Director of Sanlorenzo Yachts UK.
“With its sleek, narrow beam and striking profile, this power multihull commands attention wherever it goes. Lightweight, agile, and unapologetically bold, the BGM75 is built for those who refuse to blend in.”
To cast your vote for this sleek catamaran with a rebellious edge, visit: www.multihulloftheyear.com
Voting closes on 20 April 2025, with winners announced on 23 April at the International Multihull Show in France.
To find out more, contact the Bluegame Yachts UK team via [email protected] or +44 (0) 2380 450 001.
Exemplifying design, space, and elegance, a brand new Sanlorenzo SX76 is making its way to the UK.
Available in April 2025, this ‘crossover’ SX76 was designed by Studio Zuccon International and is an intelligent blend of a classic flybridge yacht and an explorer yacht – brought together by Sanlorenzo’s distinctive elegance and style.
Crafted for those who enjoy combining watersports, socialising and relaxation, this 23.75-metre SX76 maximises the use of all onboard areas and offers an unwavering connection to the sea with expansive decks and comfortable outdoor dining areas.
Promoting this yacht’s credentials for alfresco living and dining, the cockpit is furnished with Talenti sofa, chairs and coffee table. In addition, the flybridge boasts a versatile B&B Butterfly modular sofa, an electric up/down folding top table and a wet bar, complete with fridge, ice maker and grill.
This yacht’s expertly appointed interior features natural hues and subtle tones throughout, complemented by exquisite pieces of designer furniture, such as the Poltrona Frau Fiorile coffee table and an iconic Cassina Utrecht armchair.
The contemporary design is augmented by the finest materials, her interior is finished in light oak with American walnut flooring to the main deck salon and dining area, creating a warm, comforting and luxurious surface underfoot.
Offering a refreshingly spacious yacht for its length, this SX76 can accommodate eight onboard in a beautifully specified full width owner’s cabin, a VIP guest suite and two twin guest cabins. All cabins have en-suite bathrooms refined with Emperador marble and Fantinia Rubinetti faucets and accessories.
Powered by twin Volvo IPS1200 900 hp engines, this SX76 delivers smooth and efficient cruising with a maximum speed of 22 knots, and an economical 615 nm range at 11 knots. And, further supporting the coveted on water lifestyle, the huge beach club with integrated 700kg tender crane, pantograph step passarelle and up/down swimming platform is ideal for all to enjoy water-based fun afloat.
Part exchange will be considered against this SX76, and the expert Sanlorenzo Yachts UK team can also advise on finance, yacht management, insurance, ownership structure, registration and berthing – giving complete peace of mind in throughout the purchase process.
To find out more or arrange a viewing, contact the expert Sanlorenzo Yachts UK team via [email protected] or +44 (0)2380 450 001.
Innovative design, continuous development and a strategy firmly grounded in sustainability has seen Bluegame Yachts experience exponential growth over the last five years. Into this mix, throw a couple of auspicious collaborations and you’ve a game-changing recipe for success.
Founded in 2004 by ex-Olympic sailor and architect, Luca Santella, Bluegame has successfully positioned itself as a pioneer in the yachting industry, focusing on innovation, sustainability, and the creation of functional and efficient yachts that defy traditional categorisation.
In 2018, Bluegame joined the Sanlorenzo Group, which significantly enhanced its development opportunities and saw revenues multiply 16 times over five years. This impressive expansion is reflected in a strong order book as we move into 2025 and an increasing demand for the innovative Bluegame yachts in the UK market.
“Bluegame is a relatively new yacht brand in comparison to some of the British brands, but it has already made its mark on the UK market,” says Nick Hatfield, Managing Director at Sanlorenzo Yachts UK which represents the Bluegame brand in the UK and Ireland.
“The brand is offering a different approach to yachting and it’s really shaking things up in terms of design. It’s disruptive, challenging traditional layouts to provide multi-use onboard spaces with more direct access, both physically and visually, to the sea.
“These design features, coupled with robust engineering and a very high level of standard specification, are proving extremely popular with UK customers – and the exponential growth the brand has seen globally looks set to continue in the UK.”
Supporting Luca Santella’s original goal of creating practical, seaworthy yachts that provide an authentic connection to the sea, Bluegame currently offers three distinct yacht ranges that combine sophisticated design, versatility and luxury – bridging the gap between the traditional categories of flybridge and sports cruisers, trawler yachts, and open boats.
Exemplifying this is the highly publicised Bluegame BGM75 which launched at the Cannes Yachting Festival in 2023. The first multihull from the Italian shipyard, the BGM75 is designed to maintain the aesthetic of a monohull with the benefits of a catamaran, and offers increased stability, large volumes and reduced fuel consumption – with the yacht claiming to consume 30 per cent less fuel than a 90-foot monohull of a similar volume.
But it’s the BGX range that’s proving to be most popular in the UK, and specifically the BGX63.
Hatfield explains: “The BGX range embodies Luca Santella’s vision of building a yacht that challenges the perceived norms of motor yacht design by blending an adventurous explorer yacht feel with uncompromising quality, luxury and functionality.
“The BGX63, in particular, has been exceptionally well received. Of all the Bluegame yachts ordered to date by UK clients, the BGX63 accounts for 40 per cent of these. With a vast beach club, an open plan upper cockpit and a clever, owner-centric layout that places the master cabin at the centre of the yacht – wherever you are onboard, you’re only a few steps from the water.
“This innovative design, coupled with Bluegame’s capacity to offer personalised interiors, is the point of difference that UK owners have been waiting for, whether they use it as a day boat while holidaying aboard or as a chase boat for a larger superyacht.”
Bluegame’s continued commitment to innovation is evidenced by its development of the BGH hydrogen-powered chase boat. Partnering with NatPower-H and leveraging its expertise in hydrogen-powered propulsion systems, Bluegame’s BGH was designed to comply with the stringent demands of the America’s Cup protocol.
And achieving speeds of up to 50 knots with zero emissions during the event, the BGH not only showcases Bluegame’s dedication to more eco-friendly yachting but also its ability to combine cutting-edge design with robust performance under demanding conditions.
Inspired by, and building on, the technology developed for the America’s Cup, Bluegame continues to innovate with the next generation of foiling cruisers. Later this year will see the launch of the BGF45, the first in Bluegame’s new BGF range of foil assisted high-speed catamarans. This new model uses its single fixed foil to improve performance by rising above the chop to reduce drag – this also affords those onboard a more comfortable ride as they ‘skim’ above the waves.
Supporting parent company Sanlorenzo’s drive towards carbon neutrality in yachting, other significant partnerships include Siemens Energy as Bluegame champions the development of sustainable energy solutions for yachts – including the use of hydrogen, and methanol, fuel cell systems to generate electricity onboard.
These notable collaborations reflect Bluegame’s strategic approach to combining design excellence, environmental responsibility, and industry leadership. And with brand recognition enhanced through its association with high-profile events and industry firsts, this strategy looks set to meet the demands of the evermore eco-conscious consumer and further accelerate the brand’s growth, both in the UK and worldwide.
At the Blue Innovation Dock during the boot Düsseldorf boat show (18-26 January 2025), Sanlorenzo presented its innovative new project for the creation of the first bi-fuel green methanol propulsion system. Developed in partnership with MAN, this groundbreaking system will be installed on the Italian shipyard’s new 50 X-Space and will enable a reduction in navigation emissions by up to 70%.
The project is part of Sanlorenzo’s ‘Road to 2030’ strategy, reaffirming the company’s pioneering role in technological innovation aimed at reducing environmental impact and positioning sustainability as a strategic lever for business growth.
This ambitious path anticipates and exceeds global and European regulatory standards, with the goal of developing the first carbon-neutral yacht by the end of the decade, supported by strategic partnerships with international players.
“We are proud to present today, alongside a major global player like MAN, an ambitious project that we are confident will contribute to revolutionising the entire yachting sector,” stated Cav. Massimo Perotti, Executive Chairman and CEO of the Sanlorenzo Group.
“Today, the choice in favour of sustainable mobility and yachting is not optional. Now more than ever, the industry and infrastructure services have the critical role of promoting the most sustainable development of the sector possible, leveraging the collaboration of all stakeholders involved.
“Innovation has always been one of Sanlorenzo’s core values, and once again, we confirm our role as pioneers in introducing cutting-edge technological solutions. In this sense, the 50 X-Space project will set a new benchmark for sustainability in yachting, benefiting not only the sector but beyond.”
Mikael Lindner, Head of MAN Engines, commented: “At MAN Engines, we are committed to simplifying our customers’ business through leading sustainable solutions. The use of alternative fuels, hybrid and battery technologies is a central part of our green transformation. We are pleased to be able to contribute further to the reduction of CO2 emissions in this project with the methanol bi-fuel drive in cooperation with Sanlorenzo and our other partners.”
The bi-fuel propulsion system to be installed on the 50 X-Space is part of the LIFE MYSTIC project, promoted and co-financed by the European Union. The shipyard has joined this initiative in collaboration with Ranieri Tonissi, one of MAN’s development partners for the engines, and Nanni Industries for the generators.
Coordinated by Sanlorenzo, the project was launched in June 2024, will last 54 months, and involves a total investment of over 4.8million euros, with 60% of the funding covered by EU grants under the ‘Circular Economy and Quality of Life’ funding line of the LIFE program.
LIFE MYSTIC aims to install two high-speed, four-stroke MAN diesel engines and two four-stroke diesel generators from Nanni Industries aboard a yacht—adapted to operate on a green methanol/diesel bi-fuel combination. The goal is to test the engines and generators for yachts powered by a mix of diesel and methanol, with significant expected results:
– Reduction of greenhouse gas emissions: 150 t/y CO2eq
– Reduction in fossil fuel primary energy consumption: 700 MWh/y
– Reduction in air quality contamination: 630 kg/y
Sanlorenzo will be responsible for adapting the yacht’s design by reconfiguring the diesel fuel tanks to accommodate methanol and integrating the new distribution system, completing the bi-fuel conversion of the entire vessel. Due to its complexity, LIFE MYSTIC represents a significant step forward in the sustainability journey of the yachting sector and will bring benefits to the entire maritime industry, promoting technological development and strengthening the alternative fuel distribution chain.
In 2024, Sanlorenzo made significant strides toward sustainability with the launch of two groundbreaking models: the 50Steel, the world’s first yacht equipped with a green methanol Fuel Cell system capable of converting methanol into hydrogen and then into electricity to power onboard hotellerie systems through a fully carbon-neutral process; and the BGH-HSV (Hydrogen Support Vessel) by Bluegame, the first chase boat powered exclusively by hydrogen, achieving zero emissions. This vessel can reach speeds of 50 knots with a range of 180 miles and was designed to support two challenger teams in the most recent edition of the America’s Cup.
Although recreational boating represents only 0.22% of greenhouse gas emissions within the entire maritime sector, Sanlorenzo has made sustainability a strategic priority, surpassing the targets set by the International Maritime Organization (IMO) and the European Union. With the launch of the 50 X-Space, scheduled for 2027, which will enable a 70% reduction in navigation emissions, Sanlorenzo will significantly exceed not only the IMO’s 70% reduction target for 2040 but also the more ambitious 55% target set by the EU’s Fit for 55 agenda for 2030.
Sanlorenzo Yachts UK has been honoured with the Best Luxury Yacht Broker – UK 2024 award by Luxuri Magazine.
The Luxuri Awards are a prestigious celebration of excellence across a range of industries that define modern luxury. The awards pay tribute to companies, brands and individuals who have made innovative strides, set new standards, and achieved exceptional success in their respective sectors.
From emerging innovators to established icons, the Luxuri Awards pay homage to those who lead with vision and inspire with quality.
“We are absolutely delighted to have received this distinguished accolade,” says Nick Hatfield, Managing Director of Sanlorenzo Yachts UK.
“Receiving this mark of distinction is testament to the team’s hard work, expert knowledge and impeccable customer service, as well as the quality, innovative design and elegance of the Sanlorenzo and Bluegame yachts themselves.”
To find out more about the Sanlorenzo and Buegame brands or sell your current yacht, the expert team at Sanlorenzo Yachts UK is always available via [email protected] or +44 (0) 2380 450 001.