Admiral – The Italian Sea Group (TISG) has sold the fourth unit in its 50-metre Admiral Panorama 50 series. The buyer was represented by Michel Chrysssicopoulos of IYC, marking the third new-build sale for the company this year.
Described by the shipyard as a "design without visual barriers", the series has a focus on maximising volume and indoor-outdoor spaces.
Accommodation is for up to 12 guests across four cabins, located on the main deck. The upper deck houses the "owner's area", which benefits from windows on three sides which overlook a private deck forward. Meanwhile, a lower deck VIP cabin can be converted into a television room and is complemented by a fully equipped gym area.
While details are undisclosed, the interior proposal is "refined", incorporating "precious and natural" materials such as wood, stones and rough metals.
"This further sale confirms the commercial consolidation of TISG in the segment of semi-custom projects, with shorter delivery times compared to full custom projects, which nevertheless remain our core business," said Giovanni Costantino, Founder & CEO of the Italian Sea Group. "We are serving a wider clientele by fully using our production capacity without distracting our design capacity, always focused on large custom-made products."
According to BOATPro, Admiral has 13 yachts currently under construction, including a 100-metre hybrid known as Project Titanium.
This sale follows the announcement of Admiral's new superyacht series, the 40-metre Quaranta. The design includes a flexible internal layout that makes the motor yacht "ideal for a clientele interested in chartering", particularly in the Caribbean.
Read More/TISG announces new 40m Admiral yacht project Quaranta