The Chinese-owned company anchors itself as a leader in the global nautical industry with a wide range of state-of-the-art luxury yachts and superyachts, and advancement into maritime defence
“Come on and sing along. We’re going to party, karamu, fiesta, forever. Come on and sing along. All night long (all night), all night (all night)…” The crowd cheered loudly and sang along as Lionel Richie belted out the lyrics of his 1983 hit song All Night Long (All Night) on stage at the picturesque Yacht Club de Monaco. The sprightly Grammy Award-winning American singer-songwriter was performing for one night only at the exclusive annual party organised by the Ferretti Group as part of its by-invitation-only Private Preview yachting event in Monte Carlo in September.
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In the waters surrounding the stage, a fleet of luxury yachts glimmered in the moonlight. There were over 25 of them showcased at this year’s event, of which six were making their world premiere. For his grand entrance, Richie emerged from the new Custom Line 106 superyacht, which later whisked him away in grand style.
But more importantly, his concert celebrated the start of one of the most important seasons on the annual European yachting calendar. During this period, major boat shows such as the Cannes Yachting Festival and Monaco Yacht Show are attended by key industry players and boat owners of the world.
Strengthening the fleet with new ventures
For the past five years, the Chinese-owned Ferretti Group has jump-started the season on the French Riviera with its highly-anticipated preview event, where it elegantly mixes business with pleasure. It offers guests a first look at the newest, most cutting-edge yachts from its eight brands, which include Riva, Ferretti Yachts, CRN and Custom Line. Guests are also invited to make appointments for a tour of the beautiful interiors of some of the vessels or sail out to sea for a truly immersive experience.
Other models that made their world premiere included the Ferretti Yachts 720, Pershing 8X, Riva 110’ Dolcevita and Riva 90 Argo flybridge. But the one that captured everyone’s attention was the 48 Wallytender, a restyled version of the iconic Wallytender from 2001 by Luca Bassani, founder of Wally Yachts—and the innovative Italian brand’s first model since it was acquired by the Ferretti Group in April.