Newsroom
The Remington effect....
12th August 2025
I guess when you buy the company, you get priority attention!Oceanco’s Project Y722 — now aptly named Leviathan — hit the water this weekend.At 111 m, she’s a tech-packed, research-ready superyacht for Gabe Newell, long-time co-founder and owner of Valve… and short-time owner of Oceanco itself.Another superb "beast" from the yard.#ocenaco #steam #y722 #leviathan
Read MoreHow much??!!!
12th August 2025
And I though the Oasis tickets were expensive! So is this price gouging or effective, essential filtering??? I mean I'll still be at both events nonetheless 🙂 #somemightsay #mys2025
Read MoreOceanco reverts to Steam power?
4th August 2025
Well… not quite.But with gaming tycoon Gabe Newell—co-founder of Valve and the mastermind behind Steam (the iTunes of gaming)—now acquiring iconic Dutch yacht builder Oceanco, the waters just got a whole lot more interesting.Newell’s no stranger to the marine world. He’s already deep in it (literally), with the 127m Y722 currently in build, and his ambitious deep-sea research initiative INKFISH operating some of the most advanced ocean-exploration gear on the...
Read MoreConerstone joins forces with Animo Associates
22nd July 2025
Cornerstone Crew Management is proud to announce a strategic partnership with Animo Associates, an innovative provider of corporate entity and asset management services for HNWIs. This collaboration brings together two firms with complementary expertise — combining Animo’s strength in corporate structuring, tax advisory, and regulatory compliance with Cornerstone’s deep experience in crew management, payroll, and welfare services. Together, we're enhancing the level of support available to yacht owners, captains, and...
Read MorePARIS MOU 2024 report
1st July 2025
The Paris MoU 2024 report is out and as usual it makes interesting reading!MLC Title IV deficiencies (seafarer employment agreements, medical care, welfare) make up around 10–10.4% of total detainable deficiencies.MLC deficiencies, coupled with SOLAS deficiencies highlight to very real risk to our seafarers.These costly detentions reasons can be avoided by engaging with MLC compliant and cognisant employment companies such as Cornerstone."Compliance as a Service" is what we do!The full report...
Read MoreWorldwide tensions increase
24th June 2025
Geo-political events of the past 72 hours have once again shone a spotlight on the Hormuz Straight. Over 1,000 vessels per day are reporting GPS (GNSS) jamming and spoofing near Bandar Abbas and across the Strait, likely tied to Iranian electronic warfare efforts after recent U.S. airstrikes and escalating tensions tied to Iran–Israel dynamics. A collision between VLCC Front Eagle and tanker Adalynn sparking a fire was attributed to such spoofing.Seafarers...
Read MoreBAYESIAN lifted
23rd June 2025
10 months after her tragic accident, claiming the lives of 7 people, including her owner Mike Lynch, SY Bayesian, has been successfully lifted from the seabed of the coast Sicily. TMC Maritime, which is conducting the recovery operation, said the vessel has been slowly raised from the seabed, 50 metres (165ft) down, over the past three days to allow the steel lifting straps, slings and harnesses to be secured under...
Read MoreFlying Fox - Sold!!
9th June 2025
A while after I posted about Flying Fox being put back on the charter market, she has now been sold in an off-market deal. The 134M Lürssen has had a turbulent few years; having been deemed "blocked property" by the US Dept of Treasury in 2022 (due to its deemed Russian connections via its management company) and eventually returning the charter market in January 2024. Boasting twin heli-pads, full diving facilities,...
Read More⚓ New Compliance Alert: Cayman Registry Updates Tender Regulations
30th May 2025
The Cayman Islands Shipping Registry has released GUIDANCE NOTE 01/2025 Rev1.3, focusing on the operation of tenders and auxiliary tenders for large commercial yachts. Here's what you need to know: 🔑 Key Compliance Highlights: Scope: Applies to yacht-carried tenders and auxiliary (support) tenders under 24 meters in load line length. Operational Limits: Tenders must operate within 3 miles of land in sheltered waters and favorable weather conditions and at a...
Read MoreFeadship 824 breaks cover
12th May 2025
Feadship are once again pushing the envelope of Superyacht construction as evidenced with the recent launch of "Feadship 824". This 100 metrebehemoth has been under wraps for a while but finally broke cover over the weekend. With a near vertical bow and sleek lines front to aft, its certainly striking! Any idea who its for??hashtag#feadship hashtag#bayards hashtag#superyacht
Read MoreFire in Olbia Shipyard
25th April 2025
On Tuesday, April 22nd, a devastating fire erupted at the Nautica Acqua shipyard in Olbia's industrial zone of Cala Saccaia. The blaze destroyed approximately 40 boats stored inside the facility, with damages estimated in the tens of millions of euros. Eyewitnesses reported a vast plume of black smoke visible for miles, prompting a swift response from emergency services. Fortunately, all ten workers present at the time evacuated safely without injuries....
Read MoreCyclone Alfred
4th March 2025
Whilst we are few months out from the Atlantic Hurricane season, Cyclone Alfred is about to wreak havoc on the South East Cost of Australia. The storm is currently gathering momentum as it tracks west to NSW and Queensland with anticipated windspeeds of over 125km/h. Batten down the hatches!
Read MoreColRegs - does size matter!
14th February 2025
Imagine dissecting ColRegs in light of this one - the 1000,000 tonne aircraft carrier Harry S Truman was involved in a collision with the 53,000-tonne merchant ship Besiktas-M, a Panamanian-flagged cargo vessel. The incident near the Egyptian Port-Said is under full investigation, but thankfully there are no initial reports of injuries. The epitome of irresistible force, immovable object!!
Read MoreAmadea - update
11th February 2025
The saga of the superyacht Amadea continues, highlighting the intricate legal battles surrounding high-value assets linked to sanctioned individuals. Recently, the U.S. Attorney's Office for the Southern District of New York filed a civil forfeiture complaint against the 106-meter vessel, alleging that its beneficial owner was Russian oligarch Suleiman Kerimov, thus putting the yacht in a forfeitable position. Controversy seems to follow the yacht and Mr Kerimov, including a significant...
Read MoreAI - friend or foe?
20th January 2025
When does AutoPilot become more Auto than Pilot?AI is anywhere and everywhere at the same time – only a matter of time therefore before it pervades the marine industry. As this article in The Maritime Executive https://lnkd.in/e9xEKx-t indicates, the future is now.As with all things centered around machine learning there needs to be a note of caution. Are Captain-less ships an inevitable outcome of this or is that a dystopian step too...
Read More
