Brokerage firm FGI Yacht Group has announced the delivery of the second unit from Admiral's semi-custom Panorama line, Silvia.
The new build was launched from The Italian Sea Group's facilities in Marina di Carrara, Italy, in July 2026, days after the first hull from the line, the 50-metre Spribe, was delivered. Though the yachts share similar features, Silvia stands out from the first with her LOA of 53.5 metres, alongside her bright blue hull and white superstructure. She is also the first from the line to be equipped with a hybrid propulsion system.
Construction on Silvia began in 2024, according to BOATPro, following the announcement of her sale in 2023 by Frank Grzeszczak Sr. of FGI Yacht Group, who represented the owner from concept to delivery.
Read More/First 50m Admiral semi-custom Panorama yacht model delivered
Piredda & Partners is responsible for the exterior design of the Panorama line, marking the yard's first collaboration with the Treviso-based studio. The design studio also worked alongside Admiral Centro Stile for the steel and aluminium model, which offers an internal volume of 499GT across four spacious decks.
Though yet to be revealed, Silvia's interiors were penned by Ramón Alonso, president of RADYCA, who was personally selected by the owner for his "cosmopolitan" design vision and experience across architecture, private residences, aviation and superyachts. According to the yard, Alonso developed a contemporary interior language centred around comfort and bespoke details, developing the spaces in close dialogue with the yacht’s panoramic architecture.
The Panorama design focuses on creating a “natural dialogue” between the interior and exterior by eliminating visual barriers, using high overheads where possible and ensuring plenty of natural light can filter from the outside in.
Social spaces on board comprise infinity terraces, panoramic lounges and a large beach club with a sunken pool and fold-down sea terraces. Silvia also features space for a 7.5-metre tender plus two Jet Skis, a rescue boat and several other water toys carried in a bow garage.

Accommodation on board is for up to 13 guests in a six-cabin layout, including an owner’s suite on the main deck with two dressing rooms, two en suite bathrooms and panoramic views from a private balcony.
Five guest cabins are located on the lower deck, easily accessed by a lift which runs through to the sundeck. Here, a dedicated stairway also leads to an observatory deck, designed as a dedicated panoramic viewpoint.
Drawn with the environment in mind, Silvia is powered by an innovative hybrid propulsion system. The two diesel MAN engines have been paired with electric alternators and lithium polymer batteries, enabling her to run in hotel mode for several hours with zero emissions, limiting vibration and noise. The onboard battery pack, meanwhile, can power hotel services for approximately eight hours with zero local emissions.
BOATPro data indicates the Admiral brand has 14 yachts either under construction or on order.
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