First 50m Admiral semi-custom Panorama yacht model delivered

Admiral, the flagship brand of The Italian Sea Group (TISG), has announced the delivery of the first unit from its Panorama 50 model, Spribe.

The 50-metre new build hit the water at the Italian yard's headquarters in Marina di Carrara in December 2025, two years after her sale was announced in 2023 by Smart Yachts, who represented the buyer and was involved through to delivery. She will make her official debut at this year's Monaco Yacht Show.

The design of the new semi-custom Panorama series marks the shipyard's first collaboration with Treviso-based studio Piredda & Partners, working alongside Admiral Centro Stile, and offers owners 499GT across four decks. 

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The yacht hit the water in December 2025

The Panorama model features a steel hull, aluminium superstructure and an 8.9-metre beam, with a focus 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.

Accommodation is across a seven-cabin layout, which the yard highlighted as "a rare configuration for yachts in this category", comprising four guest cabins on the main deck and two on the lower deck - accessed via a corridor that passes through the engine room. The owner’s suite is found on the upper deck and enjoys an open view on three sides thanks to curved glass, with access to a private bow terrace, an interior lounge and an office.

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Other model highlights include the beach club, which has been conceived as a "wellness oasis", with a glass-sided pool and folding balconies to extend the space outwards over the water. Fold-down bulwarks on the main deck aft offer another expansive and versatile space for enjoyment. 

Styling on board is characterised by a palette of warm tones and wood finishes, used as such to provide the living areas with an "authentic charm and a welcoming, relaxing atmosphere". The model offers two distinct interior designs: one penned in-house by Admiral Centro Stile, defined by clean lines and natural materials, and the other by Piredda & Partners, curated with contrasting materials, sculptural accents and rich textures.

“The delivery of the first Admiral Panorama 50 marks a further evolution of the semi-custom segment,” said Gianmaria Costantino, chief commercial officer of The Italian Sea Group. “With this new line, Admiral interprets the expectations of today’s owners through a yacht that combines an exceptional level of customisation and the timeless elegance of Italian yacht-building tradition.”

Power is from twin Caterpillar C32 engines and 118eKW generators, offering a top speed of approximately 15 knots.

According to BOATPro, Admiral currently has 14 yachts on order or under construction, including its 100-metre hybrid superyacht project known as Hull 597.