The coronavirus pandemic is mostly held responsible for this spike in sales. The super-rich became nervous about travelling, and the great thing about being in the middle of the sea is that so long as everyone on board is healthy, it’ll stay that way. For the celebrities, royalty and billionaires of the world, these have long been a haven away from paparazzi and the prying eyes of fans; Tiger Woods’s yacht is literally called ‘Privacy’. In a world where nearly every aspect of wealth is able to be fabricated and emulated through fakes or rentals, super yachts are the one consumer item that can only, and will only, remain the domain of the super-rich.
The superyacht is back and better (& bigger) than ever.
Super-yachting is to luxury travel what Haute Couture is to the fashion world. We hear all about it, but most will never get a look in. That being said, superyachts are on the up. yacht industry authority Boat International confirmed (as of 2022) there are 1,024 superyachts in build or on order (these take three years to build on average) - a 24.7% rise from 2021, which was already the highest number in a decade. This number doesn’t seem significant, but with the average super yacht costing a couple hundred million pounds, we’ll let you do the math.
Riva was an idea born in 1840s Italy, one of unrivalled style and savoir-faire. It went from strength to strength, moulding to new innovations and tastes. By 2000, it became part of the Ferretti Group; one of the top ten superyacht builders in the world. Four years later, they announced the ‘Riva superyachts division’, and like with all timeless designs and brands, they continue to stand as the pinnacle of Italian yachting artistry and design taking inspiration from the idealisms of the past and those dreamed by founder Carlo Riva.
Work on the Riva 54 Metri is underway at the Riva Superyachts Division in Ancona, one of the largest shipbuilding facilities in Europe, spanning approximately 80,000 square metres. Like all of Riva’s recent creations, the new Riva 54 Metri is the brainchild of the Officina Italiana Design, made up by designer Mauro Micheli and co-founder Sergio Beretta. Along with them, they had the expertise of the Strategic Product Committee led by Piero Ferrari and the Ferretti Group Engineering Department.
As the name hints, the unique superyacht is 54 metres long and has an atmosphere of Italian old-world elegance, one which Riva is famed for. The brand’s specialist design techniques complement the new build, shown through the use of fine art techniques to create a dramatic atmosphere. The yacht will feature outdoor spaces of almost 370 square metres, with a beach area, gym, spa and pool onboard [in case a dip in the sea isn’t your thing]. As of writing, this is the largest superyacht Riva have ever built, and it’s sale has been facilitated in partnership with Alain Maaraoui, the founder and chairman of Riva’s exclusive dealer in Kuwait, Sea Pros Yachts, who will continue to liaison through to delivery [planned for a 2025 completion].
Riva has also renewed their partnership with Scuderia Ferrari for the Formula 1™ World Championship for 2023, and will be the official sponsor of Scuderia Ferrari in the Formula 1™ World Championship. The Riva logo will now appear on the Ferrari SF-23s and helmets of Scuderia Ferrari’s two drivers, Charles Leclerc and Carlos Sainz Jr., sealing a partnership that promises another season of spectacle and excitement.
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