Stepping aboard the first Ferretti Yachts 500 in Asia, it’s the ample space that first grabs my attention, despite the fact this is the Italian builder’s new entry-level model. Firstly, the depth of both the swim platform and cockpit belies the fact that this is a 50-footer.
Then again, this is no ordinary 50ft motor yacht. Making its debut at the Ferretti Group Private Preview at the Monaco Yacht Club last September, the 500 is the third and smallest of four Ferretti Yachts models featuring an exterior by the renowned Filippo Salvetti, along with the 670 (2018), 720 (2019) and the brand’s flagship 1000 (2021), set to premiere at the Venice Boat Show from May 29-June 6.
Furthermore, it’s the first Ferretti Yachts model to feature an interior by IdeaeItalia, the design studio based in La Spezia, which is also home to one of Riva’s biggest shipyards. And despite being one of the smaller models produced within the Group, only a dozen or so units are scheduled to be built each year.
“It’s not a mass-production yacht,” stresses Fabiomassimo Discoli, Sales and Marketing Director of Ferretti Group Asia Pacific, as he guides me around the 500 in Hong Kong before she was due to head to Taiwan for delivery to her owner. “The high level of finishing and details, especially in the interior, have been mentioned by those seeing it in Asia via video and in other parts of the world.
“Usually in a boat of this size, the competition is in the price. Unfortunately, Ferretti Yachts cannot compete on price because our engineering and production follow the same path as our bigger boats, despite the size of the 500.
“The engineering, the mould, bonding, materials and finishing are still very expensive to manufacture. We do want to be in this size segment, though, to attract newer clients. Some may aspire to own a Ferretti and would like to own a small one.”
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Wong Tet Choong - Singapore's Most Famous Sailor
TC Wong made global headlines last year when the rapid spread of Covid left him stranded at sea in his Leopard 50 for months until he was eventually allowed into Fiji, where he has remained since. Now, the adventurous 60-year-old is waiting for borders to open so he can continue his journey around the South Pacific on his beloved Ximula III.
Burgess Marks New Milestone In Asia With 20th Superyacht Transaction
Confirming its position as the regional leader in selling large yachts, Burgess’ recent sale of the 52m Amels Lind marked the 20th transaction by the brokerage house’s Asia team since it was formed in 2015.
Premieres & Newcomers
Yacht Style provides an overview of this year’s exciting new models, with most on display at this year’s Cannes Yachting Festival and/or Monaco Yacht Show, some having shown earlier in the year and a couple making their debuts in other autumn shows around Europe.
Déjà Vu In Denmark
Halfway into SailGP’s second season, a familiar pattern begins to emerge. Australia, runaway winners of the first series, again top the table, despite having to sit out one of the four events held so far with gear failure.
Galeon Spreads Its Wings
With Hong Kong welcoming its first Galeon 640 Fly and 325 GTO this year and Asia’s latest 500 Fly arriving in Singapore, Yacht Style looks at the builder’s 20-year relationship with Tony Castro that has resulted in some of the world’s most innovative production motor yachts.
How To Build A ‘Scent Wardrobe'!
Johanna Monange founded Maison 21G in Singapore to offer customised scents for all clients and all occasions. The personal approach is proving popular, with growing understanding of how to build a ‘scent wardrobe’ and more boutiques opening around the city.
Rolex Fastnet's “Coup De Cherbourg”
Fierce sou’west winds gusting 30 knots greeted 337 yachts starting the Rolex Fastnet Race, as the 49th edition of this famous offshore classic set off not for Plymouth as usual, but for Cherbourg in France, via Ireland’s Fastnet Rock.
Stepping Out Of The Shadows
As founder and Director of VP Yachts, Vivian Chan is quickly making a name for herself as the Hong Kong dealer for Italian builder Sessa, even if it appears a world away from her other role as General Manager of her family’s Sun Hing Shipyard.
From Pollution To Purpose
Former Singapore Idol finalist and TV producer Mathilda D’silva explains how the Ocean Purpose Project evolved from what she saw on and around her hometown beach in Pasir Ris.
TECH GIANT
Camper & Nicholsons’ recent achievements include selling the 105m Lady Moura and adding the 126m Octopus to its charter and management fleets, but CEO Paolo Casani is most excited about the company’s focus on proprietary technology to engage clients in the new era.