CRN signs a Letter of Intent for new 68m motor yacht

The leading Italian shipyard, CRN, has signed a Letter of Intent (LOI) with a ...

CRN signs a Letter of Intent for new 68m motor yacht

January 21, 2014

Written by Zuzana Bednarova

The leading Italian shipyard, CRN, has signed a Letter of Intent (LOI) with a Chinese client for a new 68-metre motor yacht. The impressive 68m CRN superyacht represents the biggest vessel ever sold by CRN and Ferretti Group in China.

Rendering of a new 68m superyacht by CRN and Zuccon International Project

Rendering of a new 68m superyacht by CRN and Zuccon International Project

The historical shipyard of Ancona, part of Ferretti Group, specialising in the construction and sale of fully-customised displacement megayachts in steel and aluminium, ranging from 40 to 90 metres in length, signed on 14th January in Weifang, the first LOI for 2014 for the sale of the 68m CRN mega yacht.

The signing was carried out in the presence of Tan Xuguang, Chairman of Weichai Group and Ferretti Group;Representatives of Weichai Group Senior Management; Lamberto Tacoli, Chairman and CEO of CRN; Alessandro Tirelli, Ferretti Group Asia-Pacific Sales Director. Xu Xinyu, Executive President of Weichai Group and Ferretti Group, hosted the signing ceremony.

The delivery of the 68m CRN yacht, expected to happen in 2017, is a further step for the shipyard to enter an expanding market, the Chinese one, showing the great support received from the Weichai Group, a strategic partner, which is a competitive advantage for CRN and the Ferretti Group.

The 68 meters long and 12.50 metres wide superyacht project, fully custom and made out of steel and aluminium, has been created by Zuccon International Project.

One of the distinctive features of the new 68m CRN yacht is the innovative floodable garage, which allows the tender to enter the water without using a crane. Introduced for the first time by CRN on the 60m mega yacht J’Ade, exhibited for the first time at the Monaco Yacht Show, is now being applied to a vessel of larger dimensions. The garage transforms a technical space into a new living area with a beach that the Owner’s family and guests can enjoy.

At the moment 6 vessels are being manufactured at the Ancona shipyard: 4 steel and aluminium CRN megayacts – CRN 131 of 74 m (designed by Zuccon International Project), CRN 132 of 73 m (designed by Omega Architects), CRN 133 of 60 m (designed by Francesco Paszkowski Design), CRN 134 of 55 m (designed by Nuvolari & Lenard) – together with a maxiyacht of the Ferretti Custom Line product line, the CL 124’, and a Riva, the 122’ superyacht Mythos made of aluminium  will be added.

The CRN shipyard is today one of the most important international poles for building pleasure ships and is a model for research in style and continuous product evolution in terms of design and innovation. A long tradition of Italian excellence that, in 2013, has seen the realization of the new 80m mega yacht Chopi Chopi 80, the biggest vessel ever built by CRN throughout its 50 years of history and among the 100 biggest megayachts built worldwide.

By signing the LOI for the sale of the new 68m CRN mega yacht in China, the shipyard has achieved an important result in view of the Hainan Rendez-Vous 2014, a high luxury event that will take place between 27 – 30th March in Sanya. In the light of this, CRN will be taking part in what has become, throughout these years, a strategic event.

“The signing of our first LOI for 2014 with a Chinese client is not only something to take pride in, but also a true witness of the strategic path we have embarked on,” affirms Lamberto Tacoli, Chairman and CEO of CRN. “The conquest of new markets, and above all that of the Asia-Pacific basin, is indeed a short-term fundamental objective for the brand, which will be pursued as we continue to invest in our assets: design, innovation, craftsmanship and the Made in Italy.”

Thanks to unique and innovative megayachts and the continuous project research, CRN presents itself as being synonymous with excellence which combines creativity, design, technology and craftsmanship, which gives rise to iconic products of the Made in Italy for Owners from all over the world, more and more appreciated by the Chinese market.

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