Editorial

Farewell to King Harald of Norway, the sailing monarch who won the One Ton World Championship

King Harald V of Norway, who passed away today at the age of 89, was one of the few monarchs for whom sailing represented more than simply a passion or a ceremonial activity: it was a genuine competitive career pursued at the highest international level for decades. Born in 1937, Harald inherited his love of the sea from his father Olav V, Olympic champion in the 6 Metre class at the 1928 Amsterdam Games

Ferretti Group: Anastassov’s six “obsessions” set the direction

• Yacht industry

Ahead of another meeting with employees, Stassi Anastassov has issued his sixth letter since taking office: not a review of his first 100 days, but an outline of the criteria by which he intends to measure every future decision within the Group. An internal document that, like the CEO’s previous communications, has also reached the press — and through it, the market

Bayesian, two years on: the investigation enters a decisive phase, with hundreds of millions at stake

• Sailboat
• superyacht

Two years after the sinking of Bayesian, examinations of the wreck will have to establish not only why the yacht failed to recover from its heel and where the water entered, but also where responsibility lies. The technical findings will have major implications for the criminal investigation and a complex web of civil and insurance claims, now compounded by The Italian Sea Group’s claim for approximately €456 million

TISG: Costantino opens the bidding process for new investors. Sanlorenzo and SRI Global-Finvacchi head toward a competitive process

• Yacht industry

Following the initial expressions of interest that emerged over recent weeks, The Italian Sea Group has formally launched a competitive process for the entry of new investors. All proposals will be collected through a single structured procedure under the supervision of the court-appointed commissioners