IYC BREAKS RECORDS WITH THE SALE OF THREE 70-METER NEW-BUILD ADMIRAL SUPERYACHTS
IYC is delighted to announce the sale of three new build 70-meter GC-Force superyachts - one of the most innovative new models from the Admiral fleet by Michel Chryssicopoulos.
The Italian Sea Group and IYC celebrate the hugely successful sale of three new 70-meter GC-Force superyachts - one of the most innovative new models from the Admiral fleet. The three sales took place at the same time for a Greek family, further strengthening the fruitful collaboration between The Italian Sea Group and IYC (The International Yacht Company).
“This incredible deal brings The Italian Sea Group and IYC even closer together, solidifying a relationship that started 12 years ago,” comments Michel Chryssicopoulos, IYC’s Global Managing Partner, who will be supervising the build processes of these three superyacht projects. “We have absolute faith in the vision and goals set by Giovanni Costantino and the Italian Sea Group team. Together, we are looking forward to these successful deliveries.” This transaction increases IYC’s current builds with TISG to seven superyachts, five of which above the 70-meter mark. This also includes the two 72m projects in collaboration with Giorgio Armani.
Raphael Sauleau, CEO of IYC, also praised the excellent working relationship between the brokerage firm and the Italian Sea Group. “We are proud to say that our partnership with the Italian Sea Group is incredibly successful, demonstrating just how exceptional their service and products truly are. These recent sales speak to the quality of their yachts and are a testament to the dedication and hard work of their team. We look forward to continuing our strong relationship and to our future endeavors together.”
The Admiral 70-meter GC-Force superyacht is an impressive example of the shipyard’s engineering prowess. The delivery of these three new Admiral GC-Force 70 yachts is scheduled for 2026, 2027 and 2028.
Filippo Menchelli, Chairman of The Italian Sea Group offered further insight into the sale: “The sale of the first ‘Admiral GC-Force fleet’ represents a significant milestone, which we were able to reach thanks to the professionalism of our team and the high qualitative profile of our yachts. It demonstrates the trust owners from all across the globe put into our organization.”
The design of the Admiral GC-Force 70 yacht was developed by The Italian Sea Group’s in-house studio Centro Stile. Each vessel is characterized by elegant lines, expansive deck spaces, and incredible use of glass throughout. Upon delivery, she will have seven deluxe guest cabins and 10 crew cabins.
“This important transaction, finalized in Europe, confirms the validity of our development journey in the mega-yacht market and The Italian Sea Group’s positioning as a global reference player in this dimensional segment,” concluded Giovanni Costantino, Founder and CEO of The Italian Sea Group.
For more information about IYC’s full range of services, including Sales & Purchase, Chartering, Yacht Management, New Construction, Charter Management, Crew Placement, Yacht Agency Services and Insurance & Claims Management contact our team.