Italian shipyard Sanlorenzo has taken the opportunity of this year's Cannes Yachting Festival to provide an official launch date for the first 74Steel. In a conference led by Sanlorenzo executive chairman Massimo Perotti, the hybrid model was confirmed to be hitting the water this October – at which point it will make history as Sanlorenzo's largest yacht to date.
There have been no updates on the project since 2023, when she was moved to the builder's La Spezia facilities for outfitting. The design of the flagship vessel saw Sanlorenzo team up once again with Zuccon International Project and Francesco Paszkowski Design.
Read More/Sanlorenzo reports steady growth and strong order intake for H1 2025The owner's cabin will have a dedicated deck above the bridge deck, while the main deck will be the area reserved for guests with lounge areas and five spacious cabins. One of the model's major features will be an extensive wellness area to ensure relaxation for all guests on board, which will make full use of the yacht's 13.1-metre beam.
"The 74Steel is aiming to become one of the new protagonists of the Sanlorenzo range, thanks also to the hybrid diesel-electric engine system, which confirms again the company's increasing attention to the future, constantly studying concrete solutions to reduce the impact of its yachts on the marine ecosystem," said a yard spokesperson.
The 74Steel was sold in December 2021 by Edmiston and will dethrone the shipyard's current flagship, Attila, by an extra six metres.
For more breaking news from the 2025 Cannes Yachting Festival – from yacht launches and onboard tours to the latest business developments – take a look at BOAT's liveblog.