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The Italian Sea Group announces the sale of three new 70 metre Admiral GC-Force mega-yacht

by The Italian Sea Group 18 May 2023 04:53 PDT
70 metre Admiral GC-Force mega-yacht © The Italian Sea Group

The Italian Sea Group S.p.A., global operator in luxury yachting, announces the sale of three new 70 metre GC-Force mega-yacht, greatly successful model of the Admiral fleet.

The three sales, completed at the same time for one European Family Group, have been carried out in collaboration with the brokerage firm IYC.

"The sale of the first 'Admiral GC-Force fleet' represents a significant milestone, which we were able to reach thanks to the professionalism highlighted in the Group and the high qualitative profile of our yachts, demonstrating the trust owners from all parts of the globe put into our organisation" - commented Filippo Menchelli, Chairman of The Italian Sea Group.

The operation further confirms the validity of TISG's strategy, which focuses its core business on the construction of yachts in the dimensional range from 50 metres to over 100 metres, and provides further visibility to the Company's Order Book - already amounting to over 1 billion Euros at 31 December 2022.

"This important transaction, finalised in Europe, confirms the development journey in the mega-yacht market and TISG's positioning as a global reference player in this dimensional segment"- commented Giovanni Costantino, Founder & CEO of The Italian Sea Group.

"This 'mega deal' brings TISG and IYC even closer together, solidifying a relationship that started 12 years ago" - Michel Chryssicopoulos, IYC's Global Managing Partner comments. - "We have absolute faith in the vision and goals set by Giovanni Costantino and his team. Looking forward together toward successful deliveries."

The model of the three sold mega-yachts, Admiral GC-Force 70, has been entirely developed by The Italian Sea Group's in-house Centro Stile; the exteriors are characterised by elegant lines, large spaces for visibility on the decks, and spacious windows, whereas the interior accommodations show a layout of 7 VIP and guest cabins, and 10 crew cabins.

Admiral GC-Force confirms the value of the engineering, design research, and the high qualitative standard of Admiral yachts, always taking into account the absolute wekl-being of the Owners and guests, allowing for oceans crossing in total comfort.

The delivery of the new Admiral GC-Force 70 yachts is scheduled for 2026, 2027 and 2028.

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