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73m Admiral Superyacht GC-Force Sold with 2026 Delivery
By Heather Collier
The 73-metre Admiral new-build superyacht GC-Force sold, with Michael Tabor and Brandon Kummer of Kitson Yachts introducing the buyer. Delivery is expected in 2026.
GC-Force was crafted in-house at The Italian Sea Group's Style Centre. She is intended to be constructed with a steel hull and aluminium superstructure.
“ This important order finalised in the U.S. confirms the validity of our development path in the American market for large yachts, consolidating TISG's position as a global player of reference in the megayacht segment ,” Giovanni Costantino, Founder and CEO of The Italian Sea Group commented.
“ Admiral GC-Force represents a considerable milestone achieved thanks to the Group's signature professionalism and the high quality profile of our yachts, which are globally recognised .”
With a six stateroom configuration, GC-Force can accommodate as many as 12 guests. She also has nine cabins for crew.
“ After extensive due diligence and working with several shipyards, Italian Sea Group emerged as a clear winner for our client ", says Michael Tabor, Co-Founder of Kitson Yachts.
Brandon Kummer from Kitson Yachts, added: “ They have surpassed our expectations. ”
"Admiral GC-Force represents a considerable milestone achieved thanks to the Group's signature professionalism and the high quality profile of our yachts, which are globally recognised." Giovanni Costantino, Founder and CEO, The Italian Sea Group
"Admiral GC-Force represents a considerable milestone achieved thanks to the Group's signature professionalism and the high quality profile of our yachts, which are globally recognised."
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IYC sells trio of 70m Admiral superyachts in record deal
The Italian Sea Group (TISG) and IYC have announced that three new 70-metre GC-Force superyachts have been sold at the same time to a Greek family.
The Admiral GC-Force 70 yacht, which was designed by TISG’s in-house studio Centro Stile , features smooth lines, expansive deck spaces and large amounts of glass. Each yacht will feature seven guest cabins and 10 crew cabins and delivery of the three yachts is expected to take place in consecutive years, starting in 2026.
“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,” said Filippo Menchelli, chairman of TISG. “It demonstrates the trust owners from all across the globe put into our organisation.”
Following this deal, IYC is now involved in seven construction projects with TISG, five of which are in excess of 70 metres LOA with two 72-metre projects in collaboration with Giorgio Armani.
IYC’s global managing partner, Michel Chryssicopoulos, will be supervising the build process for the trio of superyachts. “This incredible deal brings The Italian Sea Group and IYC even closer together, solidifying a relationship that started 12 years ago,” he said. “We have absolute faith in the vision and goals set by Giovanni Costantino and TISG team. Together, we are looking forward to these successful deliveries.”
Raphael Sauleau, CEO of IYC, also praised the “excellent working relationship” between the two brands. “We are proud to say that our partnership with TISG 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,” he added.
The confirmation of this triple sale follows an announcement in February that TISG had sold a 73m GC-Force superyacht in a deal finalised through Kitson Yachts. Other projects under construction for the Admiral brand include the 98-metre future flagship Project Titanium and the 82-metre Project Galileo , both of which are due for delivery in 2025.
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IYC announces three sales of 70m Admiral new builds
- May 19, 2023
In an “incredible deal”, the brokerage has secured a trio of sales of the new Admiral GC-Force 70 to a single client.
Admiral GC-Force 70
IYC has announced that it has simultaneously sold three units of the new Admiral GC-Force 70 to a European family. The deliveries of the 70m superyachts are scheduled for 2026, 2027 and 2028.
Michel Chryssicopoulos, IYC’s Global Managing Partner, will be supervising the build processes of the three projects, which represent the latest chapter in the company’s relationship with The Italian Sea Group, which also includes Tecnomar, NCA Refit, Perini Navi and Picchiotti.
“ This incredible deal brings The Italian Sea Group and IYC even closer together, solidifying a relationship that started 12 years ago ,” Chryssicopoulos said. “ We have absolute faith in the vision and goals set by [founder and CEO] Giovanni Costantino and The Italian Sea Group team. Together, we’re looking forward to these successful deliveries.”
The Admiral GC-Force 70 was developed by The Italian Sea Group’s in-house Centro Stile (Style Centre). Each yacht has seven guest cabins and 10 crew cabins, and is characterised by elegant lines, expansive deck spaces and extensive use of glass.
Raphael Sauleau, CEO of IYC, said: “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 endeavours together.”
The triple-order transaction increases IYC’s current builds with TISG to seven superyachts, which include two 72m projects in collaboration with Giorgio Armani.
Filippo Menchelli, Chairman of The Italian Sea Group, said: “The first sales of the Admiral GC-Force fleet represent a significant milestone, which we were able to reach thanks to the professionalism of our team and the high-quality profile of our yachts. It demonstrates the trust owners from across the globe have in our organisation.”
Giovanni Costantino, founder and CEO of The Italian Sea Group, said: “ This important transaction, finalised in Europe, confirms the validity of our development journey in the megayacht market and The Italian Sea Group’s positioning as a global reference in this segment.”
www.iyc.com
www.admiral-yachts.com
www.theitalianseagroup.com
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The Italian Sea Group sells three 70m superyachts in record transaction
The Italian Sea Group (TISG) has sold three new 70m (230ft) GC-Force 70 Admiral superyachts to a European billionaire, a record transaction for the shipyard. The three sales were completed for a Greek family in partnership with brokerage firm IYC.
The Italian shipyard said that the sale of the vessels, which have yet to be built, validates its new core business focus on building yachts from 50m to over 100m. It also adds to the strong order book, which stood at €1.04bn ($1.12bn) on December 31st, 2022.
The deal also marked the first sale of the Admiral GC-Force 70 fleet. “ 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,” said Giovanni Costantino, founder and CEO, TISG.
Michel Chryssicopoulos, global managing partner, IYC brokered the record-breaking deal and will supervise the build of the yachts.
“ This incredible deal brings The Italian Sea Group and IYC even closer together, solidifying a relationship that started 12 years ago ,” said Chryssicopoulos. “ 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.”
The transaction increases IYC’s yachts under construction with TISG to seven superyachts, five of which are above 70m. The yachts have been designed by TISG’s in-house design firm, Centro Stile, complete with a helicopter landing platform, seven VIP and guest cabins and 10 crew cabins.
The deliveries of the new Admiral GC-Force 70 yachts are scheduled for 2026, 2027 and 2028.
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Not the Qatari royal family or a Saudi king, but a Greek billionaire family has ordered three 230 feet long superyachts in a record deal
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COMMENTS
With a six stateroom configuration, GC-Force can accommodate as many as 12 guests. She also has nine cabins for crew. " After extensive due diligence and working with several shipyards, Italian Sea Group emerged as a clear winner for our client ", says Michael Tabor, Co-Founder of Kitson Yachts.
The Italian Sea Group (TISG) and IYC have announced that three new 70-metre GC-Force superyachts have been sold at the same time to a Greek family. The Admiral GC-Force 70 yacht, which was designed by TISG's in-house studio Centro Stile, features smooth lines, expansive deck spaces and large amounts of glass.Each yacht will feature seven guest cabins and 10 crew cabins and delivery of the ...
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 ...
The vessels in question are part of the Admiral Fleet, specifically the GC-Force model, designed by Michel Chryssicopoulos, IYC's Global Managing Partner. The purchase of three superyachts at once is a testament to the brilliance of Admiral Fleet and its appeal to the wealthy European family.
The triple-order transaction increases IYC's current builds with TISG to seven superyachts, which include two 72m projects in collaboration with Giorgio Armani. Filippo Menchelli, Chairman of The Italian Sea Group, said: "The first sales of the Admiral GC-Force fleet represent a significant milestone, which we were able to reach thanks to ...
IYC has announced the sale of three new-build 70-metre Admiral GC-Force 70 superyachts with broker Michel Chryssicopoulos. New Orders Three 70m new-build Admiral GC-Force 70 superyachts sold with IYC. Written by Sophie Spicknell. Wed, 17 May 2023 | 16:15.
The Italian Sea Group (TISG) has sold three new 70m (230ft) GC-Force 70 Admiral superyachts to a European billionaire, a record transaction for the shipyard. The three sales were completed for a Greek family in partnership with brokerage firm IYC. The Italian shipyard said that the sale of the vessels, which have yet to be ... The Italian Sea Group sells three 70m superyachts in record transaction
The three motoryachts are shrouded in secrecy, but the Admiral GC-Force 70 yachts will be developed by The Italian Sea Group's in-house studio Centro Stile. A sheer picture of elegance, the yachts will boast clean and crisp lines and sprawling spaces inviting ample light inside the deck spaces. Admiral Panorama (Used for representation only)
Wealthy Greek family buys three superyachts. Although little is known about the wealthy Greek family who bought the three luxury sea vessels, some of the specifications for the superyachts are publically known.. TISG's in-house design studio, Centro Stile, designed the Admiral GC-Force 70 motor yacht.
Admiral GC Force 66 is a 65.9m superyacht that is currently under construction. The Burgess new construction team is working closely with The Italian Sea Group for the build. She is scheduled for delivery in early 2023.