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Ferretti Group Surges Ahead Amidst Covid-19 Woes

Positive Outlook In Asia Pacific With Exciting Line Ups Revealed By Ferretti Group's Chief Commercial Officer, Mr. Stefano de Vivo.

In May, Italy led Europe in easing Covid-19 lockdown measures, with Italian yacht builders Ferretti Group ready and eager in resuming operations on a positive note, but with safety measures observed and in place. The Grid Asia spoke to Mr. Stefano de Vivo, Chief Commercial Officer of Ferretti Group on the overall updates of Ferretti Group.

According to De Vivo, the outlook is positive for Ferretti Group, and that current clients are ready to buy boats. He further added that the yachting lifestyle is currently the safest form of activity, being the most efficient form of social distancing. 

It was reported that the Far East and Asia Pacific region, being the first to be affected by the Covid-19 pandemic, had started resuming its' activities, with customers finding their way to buy boats even during related lockdowns.

As for Europe, it was a complete stop of activities since April, being a region which was hit hard by Covid-19. However, it was also reported that in early May, there were yachts sold with orders starting to resume in the region.

The Americas seems to also be looking positive with Ferretti Group reporting the sale of the new Pershing 7X amidst full lockdown, with a few other sales in late April and early May. 

The team and shipyards at Ferretti Group will be working on double shifts to compensate for the production gap caused by the Covid-19 in preparing the orders for summer deliveries. As for deliveries due for the year, De Vivo added that there will be slight delays nonetheless. Working at full production, Ferretti Group had over 70 yachts in production when we spoke in mid May.

De Vivo mentioned that Ferretti Group will be closely monitoring the developments of the upcoming boat show season, and this includes the Cannes Yachting Festival which has affirmed its go ahead, the Monaco Yacht Show in late September, the Singapore Yacht Show in October and the inaugural Hong Kong Yacht Show in November.

The session also saw De Vivo introducing the highlights of Ferretti Group's line up for the year which yachting enthusiasts can look forward to. 

Beginning with the newest family member of Ferretti Group, Wally has put forward into the industry their recently premiered 48 Wallytender X - an outboard version of the 48 Wallytender cruiser. An example of harmonious balance and integration, the 48 Wallytender X is both powerful but efficient, and is with high performance but yet comfortable. Powered by quad Mercury Verado 450R 450 HP outboard engines to total 1,800 HP, the 48 Wallytender X can reach top speeds of 55knots while maintaining a comfortable, quiet and smooth ride. The 48 Wallytender X is also efficient in consumption with a range of 320nm at average speeds of 40 knots which can extend to 350nm range at average speeds of 35 knots. 

Also from the Wally brand, the new 165 Wallypower will be introduced in the summer of 2020. The collaboration between world renown creative geniuses, Espen Øino and Luca Bassani, the radical and contemporary looking Mediterranean cruiser promises to deliver the assured seakeeping one would expect of the brand. 

​Riva updates were up next, with De Vivo briefly mentioning the new addition to Riva which is the Riva 88' Folgore - just two weeks ahead of its launch. Without spilling too much specifics, De Vivo said details will be released upon the Shipyard's first new model of 2020 launch. De Vivo then proceeded with a very brief tease on a 130 Riva Project, before moving on with the Riva 48 Dolceriva, giving more in depth information of the craft which debuted last October of 2019.

The highlights for Ferretti Yachts included the Ferretti Yachts 500, which information was released on 11th May, 3 days prior to the update session by De Vivo. The new Ferretti Yachts 500 includes new design solutions with two interior moods to choose from. As a brand overall, Ferretti Yachts focuses on comfort and well-being with their yachts starting from 15 metres to the latest teased project, Ferretti Yacht's flagship, Ferretti Yachts 1000 - which will be approximately 30.48m. It is projected to grace the seas in 2021. 

The Pershing line up was next with De Vivo presenting in detail the latest Pershing 7X which debuted early 2020 before briefly mentioning about the 2019 launched Pershing 140 - with hull #002 well under way.

Having these stellar line-ups for 2020, Ferretti Group is set to surge ahead with yachts to suit every enthusiasts across the globe.