Skip to main content

CRN signs deal to build 252-footer

crn0313

After the signing of a letter of intent for the construction of a 68-meter yacht — which the company says is the biggest megayacht ever sold on the Chinese market — CRN contracted for the construction of a 77-meter (252-foot) megayacht destined for the Middle Eastern market.

After the launch of the flagship CRN M/Y 80-meter Chopi Chopi during the last edition of the Monaco Yacht Show, CRN, part of the Ferretti Group, is ready to produce a new superyacht designed by Studio Zuccon International Project, whose project design was developed by CRN Engineering and the interior design by the architect Laura Sessa.

Designed in close collaboration with the owner, the privately owned superyacht will become the second-longest vessel of the shipyard of Ancona.

“I am very proud of the signing of this last letter of intent for a new 77-meter megayacht, another ambitious project for CRN, which allows us to continue to grow,” CRN chairman and CEO Lamberto Tacoli said in a statement.

“I believe that CRN’s challenge involves keeping the tension high while aiming at continuous improvement. With this in mind, the project of the 77-meter is a new challenge in such a strategic market as that of the Middle East.”

Related

1_LIMESTONE

Limestone Secures Financing for Expansion

The company said the $6 million in credit will be used to improve its Tennessee manufacturing facility and buy new equipment.

1_MCKENZIE

Mastry Marine Names Repower Center

St. Augustine, Fla.-based McKenzie Marine is the engine distributor’s latest designated Suzuki Repower Center.

1_VANDERBILT

Vanderbilt Ships First Pontoon

The company said the 700T Series was the first model shipped from its new Fort Wayne, Ind., factory and was delivered to The Marina in Angola, Ind.

1_CHIPS.ACT

NMMA Celebrates CHIPS Act

The legislation aims to return semiconductor manufacturing to the U.S. and allows businesses to deduct R&D costs in the same year they are incurred.

1_COX

Cox Marine Hires Sales and Support Staff

The diesel outboard builder this week brought aboard a new regional sales director, regional sales manager and an aftersales manager.

1_DEALEROUTLOOK

Boating Interests Lose Wind Farm Battle

The Ohio Supreme Court has ruled that a proposed wind farm off the Cleveland, Oh., waterfront meets planning requirements.

1_INFLATION.JULY

July Inflation Data Lags June

Consumer Price Index results may indicate that inflation has peaked, and Producer Price Index data was below market expectations.

1_YAMAHA

Yamaha Posts Higher Sales, Profit

The company’s first half 2022 net sales increased to $1.93 billion, and segment income rose to $330 million.