The biggest yachting news stories of July 2025

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The biggest yachting news stories of August 2025

29 August 2025 • Written by Dea Jusufi

What else could have headlined this month but Oceanco's acquisition? The Dutch yard is now under the ownership of American video game developer Gabe Newell, marking an exciting new chapter for one of the world's leading builders of custom superyachts.

Meanwhile, the industry was left shocked and saddened by Halit Yukay's disappearance. A talented designer and the co-founder of Mazu Yachts, Yukay was reported missing by his family earlier this month, with his body recovered by authorities in the Marmara Sea after two weeks of search and rescue. 

Other breaking stories involved a history-making launch from Lürssen and the new listing of the 100.8-metre I Dynasty, which has joined the brokerage market as one of the world's most expensive superyachts.

BOAT rounds up everything you might have missed.

1. Oceanco acquired by video game developer Gabe Newell

This month's biggest yachting news was the announcement that Dutch yard Oceanco had been sold to American video game developer and businessman Gabe Newell. 

Over the past 15 years, under the stewardship of the Barwani family, Oceanco has delivered some of history's most iconic yachts, including Kaos, H3 (which won awards for her transformational rebuild) and the world's largest sailing yacht, Koru.

Read More/Oceanco acquired by video game developer Gabe Newell

2. Auction of 106m seized superyacht Amadea opens

The auction of Lürssen's 106.1-metre Amadea is officially underway following the yacht's forfeiture by order of a US District Court in New York.

A $10 million deposit is required to bid, with a comprehensive pre-bid package available upon registration. The National Maritime Services and Fraser are administering the sealed bid. 

Read More/Update: Auction of 106m seized superyacht Amadea opens

3. Body found in search for Mazu Yachts co-founder Halit Yukay

A body believed to be that of Mazu Yachts co-founder Halit Yukay was located this month in the Marmara Sea.

This follows 19 days of search and rescue efforts after the yacht designer was reported missing by his family. The wreckage of his yacht, Graywolf, was discovered shortly after.

Read More/Body found in search for Mazu Yachts co-founder Halit Yukay

4. Sairu: Riva launches largest superyacht to date

Italian yacht builder Riva, a brand of the Ferretti Group, launched the first unit in its Riva 54 Metri series.

Named Sairu, she marks the yard's largest project to date at 54 metres and shares the same design DNA with other members of the Riva fleet. This includes cut-out bulwarks, counter-curved windows and a light exterior paired with dark glazing.

Read More/Sairu: Riva launches largest superyacht to date

5. Lürssen launches 114m fuel-cell superyacht Cosmos

German yard Lürssen launched the 114.2-metre Cosmosone of the first yachts in the world to be fitted with fuel-cell technology.

"While it is true that as a custom shipyard, no two yachts that leave our halls are ever the same, there are some that leave an indelible mark on our history," said yard CEO Peter Lürssen. "Cosmos is undoubtedly one of those yachts."

Read More/Lürssen launches 114m fuel-cell superyacht Cosmos

6. "Disruptive" EkoKat catamaran model with high-volume flybridge announced

Montenegro-headquartered shipyard EkoKat Yachts International introduced a "disruptive" model to the catamaran market, dubbed "the world's first 60-foot superyacht".

At 18.9 metres, the EkoKat62 is said to offer the space of a 30- to 40-metre build for a fraction of the cost (under $3 million), with the design officially debuting at this year's Cannes Yachting Festival.

Read More/"Disruptive" EkoKat catamaran model with high-volume flybridge announced

7. Oceanco launches 111m superyacht Leviathan focused on crew wellbeing and scientific work

This month, Dutch yard Oceanco celebrated the launch of Leviathan, the 111-metre diesel-electric superyacht formerly known as Project Y722.

Said to embody a "human-centric design approach", Leviathan is the result of a collaboration between the owner, crew and builders, aimed at improving operational efficiency and crew wellbeing.

Read More/Oceanco launches 111m superyacht Leviathan focused on crew wellbeing and scientific work

8. 134m Lürssen superyacht Project Deep Blue on sea trials

Credit: DrDuu

The 134.2-metre Lürssen superyacht Project Deep Blue embarked on her sea trials, photographed while cruising near the yard's facilities in Bremen.

A highly secretive build, her exterior was only revealed to the public at her launch this summer. The highly anticipated imagery showed off her brilliantly blue overhangs and five full decks of amenities.

Read More/134m Lürssen superyacht Project Deep Blue on sea trials

9. 101m Kusch superyacht I Dynasty joins the market at €240 million

The 100.8-metre Kusch Yachts superyacht I Dynasty was listed for sale with Merle A. Wood of Merle Wood & Associates and James Auld of SuperYachtsMonaco

The second largest build from the German shipyard (not far behind the 133.2-metre Al Mirqab) and its most recent delivery to date, I Dynasty now takes the fourth spot as the most expensive superyacht currently for sale in the world.

Read More/101m Kusch superyacht I Dynasty joins the market at €240 million

10. 45m explorer yacht Big Fish fined £232k following reef damage in Maldives

The 45-metre explorer yacht Big Fish was fined MVR 4.8 million (approximately £232,000) after she damaged a reef in the Maldives.

The superyacht ran aground on the reef of Alif Dhaal Atoll earlier this year (28 April) and was removed by authorities the following day.

Read More/45m explorer yacht Big Fish fined £232k following reef damage in Maldives

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