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Benetti sells new 70m superyacht Project 169

Benetti has announced the sale of a new custom 70 metre displacement superyacht, currently known as Project 169 (hull FB270). The yacht is still in the design phase, but more details are expected to emerge in the coming months.

The design for Project 169 is being refined by Benetti’s in-house designers, along with considerable input from the experienced owner and his personal design team.

Benetti's CCO Fabio Ermetto commented that this sale confirmed Benetti's position as a leading builder for experienced owners.

"These owners turn to us with very special requests for specific designs based on long standing yachting experience, while never compromising the highest levels of operation and performance," Ermetto added. "This is — in addition — the result of our consolidated financial strength, developed through the years by earning the trust of clients around the globe.”

Project 169 is the seventh yacht over 50 metres to be sold in the last 12 months by the Italian yard. Other sales include the 66 metre Project FB273, which was signed for another experienced owner in September 2015, and the 66 metre Project FB269.

Project FB269 was sold to a long-standing Benetti customer, John Staluppi, in July last year. Staluppi previously ordered yachts such as the 61 metre Diamonds are Forever and the 52 metre Quantam of Solace (now Elysium). Speaking at the time Staluppi said his “new venture will be of a much higher standard with new modern day high-tech systems”.

Benetti is also building its largest ever yacht, the 107 metre FB277. The three hull sections arrived at the yard in December last year.

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