yacht refit market

By SuperyachtNews 01 Dec 2021

The Superyacht Report in 2022

As we celebrate our 30th anniversary in 2022, we announce a series of important changes to our editorial portfolio….

2022 will signal The Superyacht Group’s 30th anniversary, both a remarkable achievement for our Chairman, Martin Redmayne, and a landmark occasion for the industry as a whole. It is fair to say that The Superyacht Report, has, in its various guises, completely transformed the way this industry is reported, and its market dynamics analysed.   In line with the theme of transformation, and ahead of the Christmas period, we wanted to formally announce our editorial strategy for this milestone year in our company’s history.   Our flagship publication, The Superyacht Report, will officially be published as a quarterly moving forward. The report will retain its unrivalled level of insight, analysis and independent journalism. But the media landscape is undoubtedly evolving at a rapid rate, and while we want to maintain the impeccable standard of our reportage, we are also aware of the need to help catalyse the industry’s shift towards full digitisation.

  We are transitioning, rather than making a wholesale switch, and as previously mentioned our four issues will comprise the following:   The Superyacht New Build Report 212

The industry’s definitive analysis of the new-build market returns! This will be our most in-depth assessment of the global new-build dynamic and presentation of proprietary forecasting of its future. This report remains the industry’s bible!

The Superyacht Operations Report 213

A unique combination of operational data and insight, published and distributed as the Mediterranean cruising season begins in earnest. All content is tailored to captains, managers, charter professionals and any stakeholder involved in the optimisation of a superyacht’s operation.

The Superyacht Owner Report 214

Our much-lauded guide to ownership best practice and diligent asset management returns. This report has established itself as a must-read for all prudent owners and their advisory teams. It is without compare!

The Superyacht Refit Report 215

The industry’s most active sector receives its own comprehensive report. This is unquestionably the only publicly-available source of robust refit market data modelling, accompanied as ever, by expert commentary from the sector’s leading C-suite executives and information on best practice.  

Our decision to reduce the number of printed reports has not only been driven by media discourse; we as an industry talk at length about our commitment to sustainability, but there is little evidence to suggest that companies are wholly committed in their obligation to reduce waste. We are purposefully adjusting our business model to reduce our 0wn footprint, as a concerted step in the direction of a paperless future.   As such, we are also encouraging our subscribers to access their four editions of The Superyacht Report in 2022, as well as the industry’s most comprehensive archive of content, digitally, via SuperyachtNews.com. By signing up as an Essential Member for just £60 (offer valid until 31/12/21), all of this market-leading journalism and intelligence will remain instantly accessible digitally.   This shift in the number of reports will not diminish from the amount of content published next year. In fact, for the first time, The Superyacht Group will be periodically publishing a series of sector-specific and market-driven digital reports.   These will deliver succinct coverage of the most pertinent issues affecting key sectors, territories and elements of our industry, and will be published online, in the style of The Superyacht Report. They will be announced at key points during the year, but we are also interested to gauge the appetite of the industry for coverage of very specific topics and would welcome any suggestions, recommendations or ideas along these lines. They can be submitted by contacting [email protected] .

The Superyacht Group remains committed to its market-leading content, as well as continued innovation within the delivery of that content. We firmly believe this partial transition to a more digitally-focussed portfolio is the right move. And for those businesses and individuals interested in being part of this new era, please download our 2022 media pack , which provides more detailed information on these changes.

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The latest ICOMIA Superyacht Refit Contract is now published

The International Council of Marine Industry Associations (ICOMIA) Superyacht Refit Group, which represents quality refit, repair and maintenance yards, has launched the seventh edition of its Standard Framework Contract.This edition of the ICOMIA Refit Contract was produced through an iterative process with experienced marine lawyers and insurers, yacht owners’ representatives and refit yards from the ICOMIA Superyacht Refit Group. Changes to the contract were made in order to improve the usability, security and relevance of the contract. Important changes include clarification of the relationship between the Contract and warranty repair work and amendments to clauses surrounding insurance and owner’s liability.Rob Papworth, Chairman, ICOMIA Superyacht Refit Group said:“Over the last 10 years, the ICOMIA Superyacht Refit Group Standard Framework Contract has become the de facto contract in the refit and repair sector with over 1000 contracts representing hundreds of millions of euros already completed.  We saw during the COVID crises that despite these unprecedented times none of our members reported any legal issues with their clients which can at least partially be attributed to the clear guidelines laid out in the contract. As a result, we have decided to refrain from any changes concerning the force majeure clauses however, following our spirit of constantly trying to refine and present better solutions to the market place, we have implemented several other changes in consultation with leading lawyers, insurers and management companies and we hope that the release of this update helps strengthen further the security and professionalism of refits conducted within our industry”ICOMIA is also working on producing A Guide for Yacht Owners and Representatives as a tool to support those using the contract, and we felt that the issue of force majeure and what marinas should be mindful of in relation to COVID-19 could be addressed within this guide. Benefits of using the ICOMIA Refit Contract:The Refit Contract means that there is an industry-standard. Therefore, clients can expect yards to meet standard terms and conditions. This fast-tracks the process by preventing excessive negotiation.The Refit Contract provides a standardised way of working which is fair for all. Refits can be costly and take a significant length of time, so it is important that any agreement made provides security for both client and yard, ensuring that high-quality refits are undertaken under appropriate conditions, with suitable payment, insurance and redelivery processes in place.The wide-spread use of the contract allows clients to compare like-for-like, making procurement a more straightforward process.The Refit Contract allows clients to change yards without having to renegotiate terms, as the Standard Contract is the accepted industry standard.The ICOMIA Superyacht Refit Contract is available for use by all refit yards and can be downloaded here.For more information on ICOMIA Superyacht Refit Group and a list of its members, visit www.superyacht-refit.com.For further questions about this press release, contact [email protected]

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• The Market Report 2024 by Sue Grant
• Sailing Yacht Review by Alan McIlroy & Harry Lightfoot
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• New Motor Yacht Sales by Robert Steadman
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Last Year’s Market Report 2023

• The Market Report 2023 by Sue Grant
• Sailing Yacht Review by Alan McIlroy; Footnote by Harry Lightfoot
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• A word from Michael White , affectionately known by the team as Chalky
• Berthon USA Review by Jennifer Stewart, Alan Baines, Bill Rudkin, Mark von Drashek and Peter Houghton
• Berthon France Review by Isabelle Skaf
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• Information Overload by Sue Grant
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Last Year’s Market Report 2022

• The Market Report 2022 by Sue Grant
• Sailing Yacht Review by Alan McIlroy; Footnotes from Sophie Kemp & Harry Lightfoot
• Motor Yacht Review by Robert Steadman; A footnote from Harry Hamson
• New Motor Yacht Sales by Hugh Rayner
• Berthon USA Review by Jennifer Stewart, Alan Baines, Bill Rudkin and Mark von Drashek
• Berthon France Review by Bruno Kairet
• Berthon Spain Review Service & Refit by Andrew Fairbrass
• Berthon Spain Review Yacht Sales by Simon Turner and Ben Toogood
• Canine Stick Report by the Canine Division
• VAT Life After Brexit – One Year On By Simon Anslow
• The Practicalities & Possibilities of Delivery by Sea by Peter Kloezeman
• The Wallflowers of a Buoyant Market by Sue Grant
• Yacht Insurance by Richard Power
• COVID-19 and the Yacht Market by Sue Grant
• Yachting & the Supply Chain by Sue Grant
• 2022 Berthon Forecast by Sue Grant

Market Report 2021

• The Market Report 2021 by Sue Grant
• Sailing Yacht Review by Alan McIlroy; A footnote from Sophie Kemp
• Berthon Spain Review Yacht Sales by Simon Turner
• The Other Side of Brexit – VAT & Customs by Simon Anslow
• Brexit & Yacht Registration by Duncan Swanson – The UK Ship Register & Yachts in a post Brexit environment by Duncan Swanson of Ocean Skies.
• The Recreational Craft Directive by Alasdair Reay
• International Boat Shows by Sue Grant
• COVID-19 and The Yacht Market by Sue Grant
• The Business End of the Yachting Business and Meeting the Yachtsman’s Expectation by David Tydeman
• 2021 Berthon Forecast by Sue Grant

Market Report 2020

• The Market Report 2020 by Sue Grant
• Sailing Yacht Review by Alan McIlroy; footnote by Sophie Kemp
• Motor Yacht Review by Hugh Rayner
• The Windy UK and Pearl Yachts Review by Ben Toogood
• The Iguana Yachts Review by Robert Steadman
• Berthon USA Review by Jennifer Stewart and Alan Baines
• Berthon Spain Review by Andrew Fairbrass
• Solaris Review by Alan McIlroy and Richard Baldwin
• VAT vs. Brexit by Simon Anslow
• Brexit and getting on with life…
• Saving the Planet and Yachting
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• Buying a New Yacht – some of the pitfalls, along with the fun
• The 2020 Berthon Forecast by Sue Grant

Editor’s Note: Much of the 2020 Berthon Market Report was written before the Covid-19 crisis gathered momentum. We decided to continue with this publication, just updated slightly. Of course we cannot know the impact of this crisis on all aspects of life going forward not just yachting, so we will not guess. We ask you all to stay safe, keep well and we hope that you will enjoy these jottings.

Market Report 2019

• Market Report 2019 Opening Remarks By Sue Grant
• Sailing Yacht Review By Alan McIlroy; footnote by Sophie Kemp
• Motor Yacht Review By Hugh Rayner; footnote by Robert Steadman
• Performance Yacht Review By Ben Cooper
• The Windy UK, Pearl and Iguana Review By Ben Toogood
• Berthon USA Review By Jennifer Stewart, Alan Baines, Bill Rudkin and Mark von Drashek
• Berthon France Review By Bruno Kairet
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• Solaris Review By Richard Baldwin and Alan McIlroy
• THE CONFIDENCE & CURRENCY GAME
• INTERIOR DESIGN FOR YACHTS and why it matters…
• INFORMATION DELIVERY and the WORLDWIDE WEB in 2019
• HIGH LATITUDE CRUISING Steve & Linda Dashew look at the design and the risks
• IPV – BERTHON BRINGS YOU ANOTHER NEW ACRONYM TO CONJURE WITH…
• TECHNOLOGY and the YACHT MARKET
• 2019 Berthon Forecast By Sue Grant

Market Report 2018

• Market Report 2018 (Opening Remarks) By Sue Grant
• Sailing Yacht Review By Alan McIlroy and Sophie Kemp
• Motor Yacht Review By Hugh Rayner
• Performance Yacht and Advanced Yachts Review By Ben Cooper
• Solaris Review By Richard Baldwin
• The Windy UK Review By Ben Toogood
• Berthon USA Review By Jennifer Stewart, Alan Baines and Bill Rudkin
• A word about GDPR
• The Pacific and Southern Hemisphere as a cruising destination
• Technology in Design moving through the build process
• Residual Yacht value and the cost of having fun
• Talking points – cool to the point of freezing
• VAT and Brexit- What it might, might not and certainly won’t mean
• The Magic of Film
• General overview of the international stock markets and economies
• 2018 Berthon Forecast

Download Past Issues of the Berthon Market Report

• Berthon Market Report 2023 (PDF 9.16MB)
• Berthon Market Report 2022 (PDF 9.75MB)
• Berthon Market Report 2021 (PDF 3.20MB)
• Berthon Market Report 2020 (PDF 2.19MB)
• Berthon Market Report 2019 (PDF 1.96MB)
• Berthon Market Report 2018 (PDF 2.1MB)
• Berthon Market Report 2017 (PDF 2.5MB)
• Berthon Market Report 2016 (PDF 2MB)
• Berthon Market Report 2015 (PDF 7MB)
• Berthon Market Report 2014 (PDF 2MB)
• Berthon Market Report 2013 (PDF 2MB)
• Berthon Market Report 2012 (PDF 2MB)
• Berthon Market Report 2011 (PDF 2MB)
• Berthon Market Report 2010 (PDF 1MB)
• Berthon Market Report 2009 (PDF 3MB)
• Berthon Market Report 2008 (PDF 8MB)

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Superyacht Refits Luxury Yacht & Superyacht News

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Luxury mega yacht ROCINANTE seen on sea trials after refit at Lurssen shipyard

Written by Eva Belanyiova

The 79m luxury mega yacht ROCINANTE was photographed on sea trials following an extensive 10-month refit at Lurssen shipyard. Almost no information about the refit is available, as it has been kept under strict privacy. Measuring 78,5 m (257’5″), Rocinante, previously known as TV, was launched in 2008 by Lurssen. Her beam measures 13,8 metres... ... read full story

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Written by Rachel Kelly

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Winners of the World Superyacht Awards 2024 announced

Earlier this month the winners of the World Superyacht Awards 2024 were announced at a glittering ceremony held in Venice. The winners come from some of the most renowned shipyards, naval architects and designers in the world and recognise outstanding achievement in yacht building across a range of categories from Motor Yacht of the Year... ... read full story

Superyacht SAINT NICOLAS arrives at Abeking and Rasmussen shipyard for major refit

Lurssen superyacht SAINT NICOLAS has arrived at Abeking and Rasmussen shipyard in Germany where she will undergo a major refit, having recently been sold. Originally built in 2007, from a design by Espen Øino, the 70m (230’3″) superyacht can accommodate up to twelve guests and carry a crew of nineteen. She boasts six deck levels... ... read full story

Luxury yacht DADDY is ready for charter, fresh from a recent and extensive refit

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Magnificently restored 1928 classic motor yacht FAIR LADY leaves Huisfit ready for next season

Following an extensive refit at HUISFIT in Amsterdam, the magnificent and iconic 1928 classic motor yacht FAIR LADY is ready for the next season and many others to come. Although regularly updated and meticulously maintained, she was due for several important upgrades, which were executed by Royal Huisman‘s refit facility following a well-planned two-phase program.... ... read full story

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The 69m Feadship Superyacht FIREBIRD is looking amazing following her recent refit and is now ready to host charter guests on board. Originally built in 2007 by the Dutch shipyard with exterior and interior design by Michael Leach Design and naval architecture by De Voogt Naval Architects, she is a timeless and ever-so-elegant vessel with... ... read full story

41m LADY JADE yacht completes refit at Lusben shipyard

The 41m LADY JADE yacht completed her refit at the Lusben shipyard in Viareggio. Built by Inace Yachts in 2008, Lady Jade had an important 6m extension at the Alia Yachts in Atalaya, followed by the refit works done by Lusben, based on designs by Stefano Pastrovich. The yacht arrived at the yard in October... ... read full story

52m superyacht SOLAFIDE (ex Vianne) relaunched following refit at Lusben

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40m Westport luxury yacht RULE NO. 1 refitted and available for charter

Having been refitted this year, luxury 40.00 m (131′ 3″) motor yacht RULE NO. 1 looks fabulous, and with three deck levels, five suites and an elegant new interior, she would make a great choice for your next charter. Upgrades across her decks have created inviting entertainment spaces with a choice of beautiful, cushioned sofas... ... read full story

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Yacht Market Report: the Only Way is Up

Home > LUXURY/UHNW Trends > Yacht Market Report: the Only Way is Up

Posted by David Breviglieri , 11 Oct 2021

Looking at the yacht market report for 2022 and beyond, the industry’s future will be home to an entirely different landscape. The global pandemic has resulted in a shift in attitudes, a host of new travel trends and a spotlight on sustainability like never before. When it comes to yachting, the industry is listening. 

Yacht Market Report : the Only Way is Up

The yacht market weathered the uncertainty of the past two years and has come out stronger than ever before. This year has broken all records for yacht sales, with 545 yachts sold in the first three quarters of 2022, according to global superyacht brokerage Fraser. That’s compared to 277 yachts sold for the same period last year and is double the average number of yacht sales at this time of year since 2009. 

Interest in yacht charters has also risen from first-time charterers, and we can expect to see the results of the exponential growth in green engineering and technology in the next few years. 

Technological innovation is also set to enhance the luxury experience on board, with onboard technology becoming smarter, more sophisticated, and increasingly more implementable. 

When it comes to the superyacht experience, various trends all centre around people wanting to travel more, spend quality time with the people they love and explore remote destinations with health and safety at the front of their minds. 

It wasn’t just global lockdowns that have stimulated these yacht market trends. Global wealth grew significantly in 2020 and 2021, and according to the SYT iQ 2021 Market Report, new yacht sales also saw substantial growth worldwide. According to Wealth-X, a total of 670 additional billionaires were created in 2020 – a rise of 13%. The worldwide list of High Net Worth Individuals (defined as individuals with more than $5 million net assets) now has over 3 million members.  

Here Relevance dives deeper into the biggest yacht market trends expected to emerge in 2022 and beyond. 

Yacht Charter: 2022 Trends

When it came to the charter market, top superyacht brokerage houses noted a substantial increase in first-time yacht charter clients in 2020 and 2021. In fact, new charter clients made up around 40% of the luxury charter market this year. 

Speaking at the Fraser conference at the Monaco Yacht Show 2021, Mark Duncan, Fraser Director of Marketing & Business Development, hopes that this demand will continue for the foreseeable future. 

“Judging by the feedback, especially from those first-time charterers this year, the experience they all enjoyed together seems to have really resonated with them,” Duncan said. “Some of those charterers booked, not for one week or 10-day charters, but three weeks and, on a few occasions, more than a month – they homeschooled on board, they worked on board. They re-positioned lives to being at sea and onboard and loved it. So long may it last.” 

The reasons behind these shifts over the past couple of years are clear. The yacht ownership and charter landscape changed in 2020 and 2021, largely due to the global pandemic. 

With the worldwide population facing restrictions on movement unprecedented in modern times, several trends in yachting emerged – the majority of which experts agree will continue into 2022 and beyond. 

When it comes to cruising behaviour, the world’s top yacht brokers and superyacht charter experts note a rise in multi-generational travel, with a surge of clients looking to spend increased quality time with loved ones. 

Charter Destination Trends

In tandem with a heightened priority for family-centred and increasingly extended periods at sea, more and more yacht clients are seeking pristine natural environments to spend their time, with a rise in interest in off-the-beaten-track destinations away from the busy superyacht hotspots. 

Again, the reasons behind this yacht market trend are obvious. As the weeks and then the months went by bunkered down in the same location, the advantages of a superyacht became crystal clear. A superyacht offers an isolated environment, a safe place to spend extended periods with family and friends while also allowing a sense of total freedom. 

Of course, a luxury yacht has long been the epitome of freedom, but with people stuck to one location like never before, it became more of a serious option for many in the game for a superyacht experience. With the COVID-19 pandemic still very much a global issue, it is a safe bet that the superyacht charter market will continue to grow and attract new clients. 

Sustainability: The Future is Green

Sustainability has been a hot topic for the past few years, though it’s clear that the need for sustainable solutions in superyachting is growing. 

Environmental awareness spans every level of the superyacht experience, from owner and charter client to shipyard and broker. In response to this growing necessity, the yachting industry is responding. 

Some of the most sustainable yachts in the past 10 years include Feadship’s 83-metre M/Y SAVANNAH. Delivered in 2015, M/Y SAVANNAH boasted 30% lower fuel consumption than her competitors and featured Feadship’s innovative Breathe propulsion system. Delivered in the same year was the 76.6-metre M/Y Yersin built by French shipyard Piriou. YERSIN is one of the world’s cleanest vessels, with her long list of sustainable features including emission-reducing filters on her engines to eradicate 99.8% of NOx and SOx emissions. Three years later, the 106-metre sailing yacht BLACK PEARL became the world’s first ‘zero impact’ yacht upon delivery from Oceanco in 2018, while in 2020, Nobiskrug’s 80-metre M/Y ARTEFACT features solar panels, diesel-electric propulsion system with lithium batteries, which reduces emissions by up to 30%.

And sustainable solutions are only becoming more prevalent in the future. Looking to the yacht market in 2022 and beyond, Dutch shipyard Oceanco recently commented that of the five 100+ metre superyachts currently under construction, all include trailblazing sustainable solutions, from alternative propulsion solutions and fuel sources to increased electrification and battery usage for reduced carbon emissions. 

Fellow Dutch superyacht shipyard Feadship has noted similar sentiments, while Amels revealed that their latest superyacht under construction – the 120-metre Project Signature designed by Espen Oeino – will be one of the greenest and most ecological vessels out there upon delivery in 2025. 

Sustainable Technology Across the Board

But sustainable futures are not just reserved for the large yacht builders. When it comes to the implementation of even newer sustainable superyacht technology, smaller brands like Hynova in France are also paving the way. 

With the first models set to hit the water in the near future, Hynova aims to launch the very first brand of boats featuring electro-hydrogen propulsion. Sunreef Yachts, the renowned luxury catamaran builder, unveiled the 100 Eco Catamaran in summer 2021, while the Italian yacht builder Fabiani Yachts revealed their new hybrid yacht range at the Cannes Yachting Festival 2021. 

The new Fabiana Yachts Hybrid models range from 21 to 30-metres and feature solar panels intelligently integrated into the structure of the boat – the latter a feature seen in more yacht designs and future concepts. From 80+ metre superyachts to 21-metre day boats and everything in between, it’s clear that when it comes to the future of the industry, the yacht market is on the path to going green. 

Yacht Market: Luxury Technology

It’s not only engineering and propulsion that is facing significant innovation on board the superyachts of the future. Onboard technology is also being paid more attention than ever before – from an increase in demand for yacht toys and tenders that offer unique experiences, such as personal submarines and hydrofoil tenders, to smart technology products that enhance the everyday experience of life on board. One brand to look out for is YachtCloud, creators of luxury technology catered to the seven-star environments of superyachts. GEST, their service call device, is a fantastic example of the progression of technology, and how that technology enhances the experience onboard. Custom programmed to fit each client’s specific needs and wishes, GEST service call devices also feature a bespoke premium design, meaning that they fit seamlessly into the prestigious environments they are surrounded by. 

Relevance Yacht is a dedicated yacht marketing agency that works with international yachting clients across the full digital marketing ecosystem. Our team of yacht marketing specialists help clients reach their target audiences via data-led, hyper-targeted campaigns that drive positive action. For more information on how we can upgrade your marketing strategy, get in touch with our yachting experts today.

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Charter yacht Maximilian MMIV completes extensive refit and ready for 2025 boookings

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By Anna Ingles   21 August 2024

Originally launched by Sunrise Yachts in 2009 and meticulously refitted in 2024, MAXIMILIAN MMIV offers a harmonious blend of indoor and outdoor living.

MAXIMILIAN MMIV’s expansive sundeck, featuring a rejuvenated jacuzzi, and a skylounge perfect for entertaining, provide endless onboard enjoyment for family and friends. For those seeking a bit more excitement, the yacht is equipped with a fully kitted inflatable aqua park suitable for both kids and adults. Adrenaline enthusiasts will appreciate the jet skis, Seabobs, and electric wakeboards, while those preferring a more relaxed pace can enjoy inflatable kayaks and paddleboards. Guests can also travel in style and speed with the eye-catching SACS 40ft chase boat.

The yacht comfortably accommodates up to 11 guests across 5 beautifully designed staterooms, each with en suite facilities. The full-beam master stateroom includes an annex with additional beds for children and an impressive full-beam his-and-her bathroom. The interior, styled by Franck Darnet Design, extends to a chic main deck dining/saloon area and a welcoming open-galley, perfectly complementing the yacht's open-plan and social design.

 Comprehensive Refit Enhancements Include:

• Complete exterior repaint
• New deck layouts and interior upgrades
• Sundeck: new furniture, bar area, sun canopies, tables, re-upholstery of existing seating, and new cushions
• Jacuzzi: upgrade and repaint, new cushions
• Skylounge: complete decorative overhaul, new freestanding furniture, re-upholstery of existing sofas, new marble top, and enhanced decorative lighting
• New teak on the swim platform

With so much to offer, MAXIMILIAN MMIV is a masterfully designed yacht that ensures an unforgettable luxury escape for any discerning guest. Don’t miss the opportunity to experience of a luxury yacht charter with unparalleled opulence and adventure in the Mediterranean next year.

Book your charter now and embark on the journey of a lifetime.

similar charter yachts available in the med

45m Sunrise Yachts 2009 / 2018

45m Sunrise Yachts 2014 / 2022

46m Mengi-Yay 2016

44m Overmarine 2024

44m Sanlorenzo 2023

44m Conrad Shipyard 2023

44m Bering Yachts 2023

45m Sanlorenzo 2021

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YACHT REFIT: A behind-the-scenes of why a yacht refit is important and how it’s done

• Written by Zoe Huitema
• May 25, 2023

Yacht refits; it might sound like either a very abstract or a rather overwhelming undertaking to a (potential) yacht owner, yet it need not be either of those two. Let EXMAR Yachting’s Xavier Ex take you behind the scenes to go into the ‘why’ and ‘how’ of a yacht refit.

REFIT: THE WHY In general, in order to maintain a yacht in perfect working condition, a thorough inspection is required every five years. Often, these extensive services translate into a mini-refit, as one might as well make the most of shipyard-time. Sometimes, a more thorough refit is either necessary or desired. Take Sailing Catamaran DOUCE FRANCE, for example.

Following a refit survey in Seychelles, where a clear outline of the extent of the refit was crafted with crew, owner, technical manager and shipyard representatives, DOUCE FRANCE sailed to a shipyard in France. What’s in a name, but there are more reasons to choose this location for its extensive refit; Europe tends to offer high-quality refits, France is relatively nearby for the owner and to EXMAR Yachting, who are the owner’s representative and the ship managers, and it means that all parties are working in the same time zone. Xavier Ex, the owner’s representative, explains: “Working in the same timezone is not an essential element to a successful refit, but it does make communication timelines more efficient. When you complete a refit in New Zealand, there is often a 12-hour delay for every phone call or email. Matching time zones allow for much quicker response times.”

REFIT: THE WHAT In case of DOUCE FRANCE, the largest portion of the refit meant a full repaint. Everything from topsides to masts, booms to buoys and hulls to davits was repainted, giving the catamaran a fresh new finish. Worth noting is that the colours and style of both the paintworks as well as the interior were renewed without modification, as even after twenty years of ownership, the owner is still in love with his yacht as it is. Xavier: “Of course we upgraded the ship’s systems wherever it was useful, but the overall design was and remains timeless to this day.”

Speaking of upgrades, the inspection of the ship’s structure from the inside of DOUCE FRANCE allowed for a thorough inspection on the inside. “She was completely open and dismantled, so we took full advantage,” says Xavier. “Completely new crew cabins with improved lay-outs are being installed and the galley is receiving a full refit as well. The guest areas all received a full refurbishment, deliberately retaining its classic style. Even the insulation of the ship was renewed to match current standards, with better sound and thermal properties. There was a full upgrade on the ventilation, a redo of water- and air condition piping and part of the electricity was updated as well. No stone was left unturned.”

REFIT: LONG-TERM VISION It is clear that a refit does not mean renewing for the sake of renewing. DOUCE FRANCE received a full EDCIS (professional IMO compliant digital charts system) upgrade, the communication system was completely renewed and upgraded, including a new, air-conditioned server rack and new modems/routers for 5G, wifi connection throughout the vessel and she is Starlink-ready. “It was decided to future-proof the vessel without letting ourselves get caught up with complex and redundant systems,” says Xavier. “Often simple is more reliable, especially out in the open sea. That way, things are easier to repair on-site if ever needed and spare parts are easy to find, making the ship easier to handle and cutting potential downtime.”

Another deliberate choice in keeping the ship easy to handle, was keeping on the entire crew during the refit. Even during the shipyard period, logistics continue, and own crew can do so much more efficiently. Plus, it can be a really interesting period for the crew, according to Xavier: “Crew can learn new things, which adds to their personal development, but also makes them better crew on board their vessel in the long run. Keeping crew on board during downtime shows mutual loyalty and commitment, and it keeps knowledge on board.”

REFIT: OWNER’S REPRESENTATIVE In DOUCE FRANCE’s case, the shipyard period means that next to the crew itself, there is a dedicated project manager representing the Owner on board, who is responsible for monitoring the shipyard activities whilst the Captain of course remains responsible for safety of the ship and the crew’s tasks. Xavier: “The both of them ensure the synergy between shipyard and crew, making sure they do not get in each other’s way but reinforce each other where possible.”

The two key figures act collaboratively on a problem-solving level, of course in close contact with the owner and Owner’s Representative. “As Owner’s Representative I have more decision-making rights. Also, the fact that I am not on board all the time makes that I bring a fresh perspective, which always helps with longer projects such as refits. As EXMAR Yachting, we are the main point of contact for the shipyard as we represent multiple vessels, we are the point of contact for respective owners and the point of contact for personnel on board. Our voice carries more weight as a result.”

Part of that weight is the fact that EXMAR Yachting has a direct line with the technical experts of the EXMAR Group. “It’s why we have the broadest maritime knowledge of the entire yachting industry. We can lean on the broad in-house knowledge for specific suppliers and contractors, for example. EXMAR’s purchase department also ensures that purchases are made properly, cost-effective, logistics done etc. We are a small team, so we’re right on top of things ourselves. Combine that with the extensive, collective know-how and you have a win/win situation.”

The fully upgraded, nearly-new DOUCE FRANCE will be back in the water by summer, which is when she will be available for charter in the Mediterranean.

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UK tech entrepreneur, Mike Lynch missing after yacht sinks at Sicily 

Renowned UK tech entrepreneur Mike Lynch is reportedly among those missing following the sinking of a luxury yacht off the coast of Sicily.  

According to sources familiar with the situation, Lynch’s wife, Angela Bacares, has been rescued, while several others remain unaccounted for after the 56-meter superyacht, named the Bayesian, went down in severe weather Financial Times first reported.  

Camper and Nicholsons, the yacht’s management company, confirmed that the Bayesian encountered harsh conditions before sinking near Palermo in the early hours of Monday morning.

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Tech Entrepreneur Mike Lynch, 5 others feared dead in Bayesian Yacht Sicily sinking 

The yacht had 12 guests and 10 crew members on board. The Italian coast guard has rescued 15 individuals so far, but six remain missing. Sadly, one body has been recovered, according to local fire department officials.  

What to know  

Mike Lynch, the former CEO of Autonomy, was recently acquitted of criminal charges in a high-profile legal case in San Francisco, ending a 12-year legal battle over the $11 billion sale of his software group to Hewlett-Packard in 2011.   

The Italian coastguard reports that the yacht now lies at a depth of approximately 50 meters. Those rescued include British, American, and Canadian nationals, with eight individuals transferred to local hospitals for treatment.  

The 180-foot yacht, with a gross tonnage of 473 tons, was constructed by the Perini Navi Viareggio shipyard in February 2008 and underwent a significant refit in 2020.  

The yacht boasts a deck area of 436 square metres, with its six cabins covering 143 square metres. Built with an aluminum hull, it is equipped with two powerful engines that enable it to cruise at 12 knots and reach a top speed of 15 knots.  

Notably, the yacht features the second tallest mast in the world, an aluminium structure standing 75 metres high.  

Currently, Sicily is under a weather warning for strong winds, with video footage from this morning showing powerful gusts lashing the coast. CCTV captured at around 4 am shows the severe wind and rain pounding Santa Nicolicchia, near Porticello, where the Bayesian had been anchored.  

About Mike Lynch  

Mike Lynch, a significant figure in UK technology, began his entrepreneurial journey in the late 1980s while pursuing a PhD. He founded Lynett Systems Ltd, which created audio products, and later Cambridge Neurodynamics, specializing in fingerprint recognition. Cambridge Neurodynamics spun off three companies, including Autonomy, which Lynch co-founded in 1996. Autonomy, a search software company, became one of the UK’s top 100 public companies and was sold to Hewlett-Packard for over $11 billion in 2011. This sale led to civil and criminal cases against Lynch and Autonomy’s CFO.  

Post-Autonomy, Lynch established Invoke Capital, a venture capital firm that invested in tech companies like Darktrace, a cybersecurity firm, and Featurespace focused on fraud detection.

Lynch held various high-profile advisory and board roles but resigned from these positions after being charged with fraud in the US. Despite legal challenges, his influence in the tech industry remains significant.

Deborah Dan-Awoh

Deborah Dan-Awoh is a seasoned lifestyle analyst with a knack for storytelling. The focus of her work covers people, money and culture as it relates with business and economy. When she's not keeping tabs on the latest trends in lifestyle and finance- Deborah enjoys networking with industry experts to gain insight into major markets as it affects the populace

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What superyacht owners have learned from refit projects

Related articles, superyacht directory.

Thinking about undertaking your first refit? The owners of G2 and Vibrance , who recently completed their first major refurbishments, share their wisdom on how best to refit a superyacht on budget and without compromise.

The sailing yacht refit: G2

The couple that would create the sailing yacht G2 had a specific dream: to sail around the world on a modern fast carbon cruiser with a lifting keel. There were plenty of aluminium yachts on the brokerage market in their size range, but very few existed in carbon. So why buy and refit rather than build new?

“I was hoping I could do it a lot more quickly,” says the owner. That didn’t go exactly to plan though. “Big projects generally cost more and take longer than you think. It certainly applies to this sector – it applies even more than I had expected.”

The couple’s search for their first large yacht ended when they spotted Cinderella IV , a 39-metre carbon sloop built by Vitters in 2009 that had been languishing on the market for the better part of three years. It was an attractive buy and a high-quality yacht, and they quickly got to work reimagining it as their dream boat. They retained its original naval architect, Bill Tripp , whose mandate included scrapping the aft deckhouse in favour of an open flush deck. To realise their ideal minimalist interior – pretty much the opposite of dark, traditional Cinderella IV – they commissioned Nauta Design , who would work on the transformation at Pendennis in Falmouth.

What they all achieved is astonishing. G2 emerged from the yard 18 months later virtually unrecognisable. The new aesthetic, inside and out, is clean and contemporary without being cold or stark. It’s bright and soothing, with a cool colour scheme, bigger portholes and large expanses of glass added to the coachroof. Rearranging the layout forward also gave the couple a more comfortable master suite.

To get there required removing the original interior. “To that extent it was like a new build. I actually stood in the empty hull after they had taken out what was there and started again,” says the owner, who acknowledges that the stylistic aesthetic likely matters more to him than the average sailor.

“Light and space is really important to me,” he says. “That was the theme we were trying to achieve and you can’t really visualise it before you’ve done it. I think it not only met expectations, but it’s even nicer than I imagined it would be.”

The process did cost them one Med season longer than expected, and a lot more money than initial calculations suggested. Part of the extra time and expense came down to an increase in the scope of the work. The glass panels in the coachroof were a significant add-on, as was painting the superstructure. The initial survey also had missed some big-ticket items. In addition, the owner, who describes himself as “naïve” going into the project, quickly learned that refitting comes with challenges. “You have some highly skilled craftsmen doing some great work,” he says, but to achieve the result “you need a lot of them doing the right thing to the right quality and on time”.

The secret to refit success in the owner’s opinion? It’s all about teamwork. “The team that you assemble is really, really important,” he says. “It’s not sufficient to have the right naval architect or the right interior architect, or obviously the right yard. It is really the combination of those people and the extent that they have previously worked together that’s extremely valuable. In my case they hadn’t.

“Take your time, get good references and meet people,” he advises. “Don’t be shy to meet a few candidates for every position you want to fill. That really pays off afterwards, rather than rushing into it and maybe taking unnecessary risks or cutting corners.”

He also learned that having a captain from the planning stage would have been hugely beneficial. When Cinderella IV ’s captain left the boat, he warned the owner that it was a mistake not to have a captain on straight away for the refit. The owner thought the comment was self-serving – as the captain would have liked to have stayed on longer – but in retrospect he realised it was just good advice. “It is extremely useful to have a captain that not only has this kind of refit experience but also seems like he is like-minded in terms of quality control and taking ownership of the boat. I was extremely lucky to have that, but it was quite late.”

In the end, the couple got what they wanted: “a boat that we have created, so I’m really happy with the experience. And I would do it all again – a refit versus a new build,” says the owner.

After warm-up seasons in the Caribbean and the Med, G2 headed back to the islands to prepare to sail further afield. She flew her spinnaker for the first time in the Superyacht Challenge Antigua in March 2020 just before the lockdown started. G2 sat out the summer in Antigua, and as we spoke to the owner in late July, he was preparing to fly down to sail her from St Lucia to the Galápagos. After that it would be on to New Zealand or what the owner calls “a very nice Plan B”, Costa Rica. “I’m very excited to explore the world – starting this weekend.”

The motor yacht refit: Vibrance

The most arresting element in the refit that turned Volpini into Vibrance was the result of a happy accident. As the naval architect at Murray & Associates , Patrick Dupuis, was discussing the work to be done, a 3D image of the yacht spun on Dupuis’ screen, and for some reason it showed it as grey instead of its actual white. Dupuis began to apologise for the glitch when the new owner, Duane Robert (Bob) Donaldson, broke in, “Wait a minute, I love that.” He laughs, “I fell in love with the computer image while he was apologising.”

Thanks to that fortuitous glimpse of grey, the 49.3-metre Amels became one of the first superyachts to be painted in Awlgrip’s new High Definition Technology polyurethane clearcoat on top of its Silver Grey Metal flake, transforming a plain white boat into a shimmering head-turner that lives up to her name Vibrance . Donaldson calls the pricey paint job a roll of the dice, but it was a gamble he was willing to take. “I’m a New York construction interior contractor; I’m used to making these risk and reward decisions. If it didn’t come out this great I would have redone it, but it came out unbelievable,” he says, crediting the paint contractor, C&N Yacht Refinishing.

Vibrance ’s refit was a three-part process that began at IMS Shipyard in Toulon, France – where much of the major mechanical overhauls took place, including replacing the main engines – and ended at Fort Pierce Yacht & Ship in Florida, two yards Donaldson recommends. In between was a brief stint at a shipyard that he was not happy with: “We had a verbal deal, but as soon as they had my boat out of the water, everything changed,” he says. So he cut the scope of work down to the minimum and on his captain’s recommendation moved the yacht to Fort Pierce.

Once relocated, they did a huge amount of work in just five months. The interior and decks were redesigned by Kerry Allabastro of Allabastro Designs in Stuart, Florida. Every room received a makeover, with new upholstery, flooring, lighting and custom-designed pieces. The aesthetic had been similarly traditional on Volpini , but it looked tired. Allabastro updated it in a luxuriantly elegant transitional style, mixing modern elements into the traditional milieu. While the alder wood joinery was retained, dark burl wall panels were removed.

In place of those panels in the main foyer, for example, is a mural backing the stairwell, its colourful landscape replete with meaning to the owners. The refit also added an al fresco gym on the bridge deck port side where a tender had been stowed, and revamped the sundeck, a spot the couple particularly enjoy for cocktails.

“This was my first refit. I was just doing it the way my wife, Christie, and I want it to be done, but it came out so well that the yard nominated it for the 2019 International Superyacht Society award for Best Refit,” Donaldson says. That’s not to say it was easy. The timetable included a hard deadline to make the yacht’s coming-out party in New York before leaving for the Mediterranean days later. The pressure was intense, and many said it couldn’t be done.

“I just went there myself and got it done, because this is what I do,” says Donaldson, who was on site for the project’s final month. “I build high-rises in New York City, so I deal with the smartest and toughest builders in the world.” As a result, he’s developed a laser focus to address issues pertaining to quality, schedule and cost. “At one point I had 85 people working. What [the previous yard] told me it would take, I did in less than half the time.”

The schedule does affect the cost, he explains. He’s a self-described “budget guy”, but in this case, he says to forget the budget – in fact, plan for it to double. “Get great naval architects, the best you can get, and great interior designers,” he advises. “Then understand your timing, the duration of the job. As my current captain tells me, ‘Give me more time and I can make it on budget. But if you’re going to push me for time, it’s going to cost more.’”

Donaldson’s other advice for owners is make sure you have an experienced  surveyor at purchase – he praises Simon Burt, director of Winterbothams in Portsmouth, for doing a good job for him. “An experienced project manager who understands your needs is also paramount,” he adds.

Looking back, Donaldson has no regrets other than not researching yards more thoroughly, and he feels a refit offered good value over a new build. Born in 2004 from a Dutch pedigreed yard, Vibrance was a solid build of steel and aluminium; now with its fresh interior, layouts tweaks, all-new systems and engines and, of course, that extraordinary paint job, she rivals any new launch. “What I am most proud of is my wife’s interior work with the interior decorator,” Donaldson says. “She has never done anything like that before. She just hit it out of the park.”

That imperative party that marked the refit’s end was meant to be the one chance in years the owner’s family, friends and associates would have to see the yacht before she disappeared over the horizon, but the pandemic put a wrench in those plans and Vibrance was recalled to New York. There is a silver lining though; now he and his wife get to share her with family and friends closer to home. They recently spent six weeks on board in Key West. “We sat in a Covid-free cocoon and it was just brilliant,” Donaldson says. “We’re enjoying it the way a boat of this magnitude should be enjoyed.”

This feature is taken from the November 2020 issue of BOAT International. Get this magazine sent straight to your door, or subscribe and never miss an issue.

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The Morning

How biden changed his party.

We explore three ways the president has shaped the Democratic Party.

By David Leonhardt

President Biden has never exactly been a liberal Democrat or a conservative Democrat. He has instead stayed in his party’s mainstream. When the party moved right in the 1990s, he moved with it. When it moved left in the 2010s, so did he.

But Biden has not simply gone with the Democratic flow. Over his more than 50 years in politics, he has periodically shown strong opinions about how his party should change — and helped it do so.

Last night in Chicago, Biden took a big step in his long political goodbye, delivering a 52-minute speech at the Democratic convention . In today’s newsletter, I’ll examine how Biden’s presidency shaped his party — and consider whether Kamala Harris is likely to continue these shifts. I think three points are key.

1. Biden’s neopopulism

Biden has always understood the class resentments that many Americans feel. (If you haven’t read Robert Draper’s profile of Biden for The Times Magazine, I recommend it , including the section in which Biden analyzes George W. Bush.)

Biden’s political career began in 1972, when he defeated an incumbent Republican senator in Delaware even as Richard Nixon won a landslide. Biden ran as a subtly different kind of Democrat, with a more working-class image than the party’s presidential nominee that year, George McGovern. Biden simultaneously distanced himself from the liberal fervor of the 1960s and portrayed himself as an economic populist. He criticized both draft dodgers and “millionaires who don’t pay any taxes at all.”

Five decades later, Biden became the most populist Democratic president in modern times. This positioning wasn’t just about his background, either. Populism has recently gained a new appeal, thanks to the failure of the market-based economic policies of the past half-century — which are often known as neoliberalism — to deliver broad-based prosperity.

Instead of focusing on trade deals, Biden tried to build up American manufacturing. He joined a picket line with autoworkers and appointed labor-friendly regulators. He gave Medicare the power to negotiate drug prices. He cracked down on “junk fees.” He tried to end decades of gentle antitrust regulation.

Biden devoted much of his speech last night to this agenda. He claimed to have rebuilt “the backbone of the middle class.” He said, “We finally beat big Pharma,” and “Wall Street didn’t build America, the middle class built America.” When the crowd chanted, “Union Joe,” he replied, “I agree. I’m proud.”

These economic policies are largely popular even though Biden is not. If the Democratic Party’s shift away from neoliberalism — toward what I’ve called neopopulism — continues, Biden’s presidency will be a major reason. And Harris’s initial economic proposals suggest that much of the shift will continue if she wins.

2. Bipartisanship lives

Biden loves to talk about how he has proved his doubters wrong, sometimes with a dash or two of hyperbole. Yet there is at least one aspect of his presidency for which he deserves to gloat: his surprising success at passing bipartisan legislation.

He has signed bipartisan bills on infrastructure, semiconductor chips, Ukraine aid and TikTok — as well as on anti-Asian hate crimes, the aviation system, the electoral process, gun violence, the Postal Service, same-sex marriage and veterans’ health. In a polarized Washington, Biden has demonstrated that bipartisanship remains possible.

“Remember, we were told we couldn’t get it done?” he asked in last night’s speech.

He drew on his long Senate career to help pass these bills. He refused to treat the Republican Party as the enemy and remained upbeat — and often in the background — even when negotiations stalled.

Would Harris show similar patience? And would congressional Republicans be willing to work with her? It’s hard to know.

3. A new cold war

Biden’s signature line about foreign policy is that the world is witnessing a struggle between democracy and autocracy . You can quibble with the details, but his basic point is correct.

U.S. allies are mostly democracies — including Western Europe, Japan, South Korea, Taiwan, India, Australia, Mexico and Canada. The countries that treat the U.S. as an enemy are autocracies — China, Russia, Iran and North Korea. Increasingly, these autocracies are collaborating with one another.

Biden has defined the United States as the leading player in an alliance to combat autocracy. “Who can lead the world other than the United States of America?” he asked last night.

As president, he confronted China economically and promised to defend Taiwan. He rallied a pro-Ukraine coalition after Russia invaded. He withdrew from Afghanistan — chaotically — partly because of its limited strategic importance. He abandoned his initial reluctance to work with Saudi Arabia, an autocratic ally, and embraced it as a counterweight to Iran. He continued to embrace Israel for similar reasons, despite the death and destruction in Gaza.

Biden’s foreign policy is based on the idea that the world has entered a new cold war (even if he rejects the term). And Harris? Her campaign has said little about foreign policy or her worldview. Maybe that will start to change in Chicago this week.

More on the convention

“ America, I gave my best to you ,” Biden said in a speech that also criticized Donald Trump.

Biden called picking Harris as his running mate the best decision of his career. He joked that “like many of our best presidents, she was also vice president.”

Introduced by his daughter Ashley, Biden dabbed tears as convention delegates held signs reading “We ❤️ Joe.”

Speaking earlier, Hillary Clinton said, “On the other side of that glass ceiling is Kamala Harris raising her hand and taking the oath of office .”

Several speakers contrasted Harris’s background with Trump’s felony convictions. Clinton smiled and nodded as the audience chanted “lock him up.”

Shawn Fain of the United Auto Workers union wore a T-shirt that read “Trump is a scab.”

Alexandria Ocasio-Cortez, the House progressive, praised Harris for supporting populist economic policies and seeking a cease-fire in Gaza .

Biden and other speakers at times exaggerated or left out context. Read a fact check .

Senate Democrats in tough races, including Jon Tester of Montana and Sherrod Brown of Ohio, are skipping the convention .

A pro-Palestinian protest outside the hall was smaller than organizers had expected . The police detained a few people who lobbed signs and cans.

More on the campaign

Trump, campaigning in Pennsylvania , referred to Harris as “Comrade Kamala” and “an economy wrecker and a country destroyer.”

Iran hacked Trump’s campaign and tried to hack Biden and Harris’s, U.S. intelligence agencies said .

On social media, Trump shared A.I.-generated images suggesting that Taylor Swift had endorsed him . She hasn’t.

THE LATEST NEWS

Israel-hamas war.

American officials say Israel has accepted a U.S. intermediate proposal in cease-fire talks with Hamas, which is meant to help work through their remaining disagreements.

Hamas officials have not yet agreed to the deal, which they have called slanted toward Israel. Secretary of State Antony Blinken called the proposal “probably the best, maybe the last, opportunity” to secure a truce.

An Israeli airstrike demolished an apartment in central Gaza. Israel said it had targeted a member of the group Islamic Jihad. Locals said the strike killed a teacher and her six children.

Hamas and Islamic Jihad took responsibility for an explosion in Tel Aviv, which they said was a suicide bombing . There hasn’t been one in Israel since around 2016.

War in Ukraine

Women in Ukraine are stepping into male-dominated jobs as war depletes the work force.

Ukraine destroyed several bridges in the Kursk region, the part of Russia where it has made an incursion, cutting off Moscow’s routes for resupply or retreat.

More International News

Federal judges across Mexico voted to strike . They are protesting President Andrés Manuel López Obrador’s push for judges to be elected rather than appointed.

Six people are missing after a yacht sank in a storm off the coast of Sicily, including a British software mogul who was recently acquitted of fraud charges.

India plans to build ports and expand docks as part of a push to become a global manufacturing giant.

Other Big Stories

George Santos, the former House Republican who lied about his background, pleaded guilty to identity theft and wire fraud . He faces at least two years in prison.

The F.D.A.’s top regulator for medical devices is married to a lawyer whose firm represents medical device companies. A Times investigation uncovered instances where their jobs intersected .

New rules around real estate commissions took effect over the weekend, but many buyers — and even some brokers — still aren’t sure what they mean. Here’s a guide to the changes .

A blue supermoon will be visible through Wednesday. Read what to know .

Times Opinion columnists picked their best and worst moments of the first day of the Democratic National Convention.

Trump got overconfident while Biden was still running — and now he’s chasing his losses , Nate Silver writes.

Here is a column by Paul Krugman on Harris’s economic platform .

MORNING READS

Bootmobile: Riding shotgun through New England inside a giant L.L. Bean boot .

Energy: Coal power defined this Minnesota town . Can solar win it over?

Animal welfare: The last horse-drawn carriage operator in Brussels has gone electric .

Solid start: More parents are giving their babies solid food that they feed to themselves in place of spoon-feeding.

Lives Lived: The chef Michel Guérard’s efforts to lose weight, and his disgust with traditional diet dishes, inspired him to develop what he called “cuisine minceur” — a low-fat, no-sugar application of nouvelle cuisine. He died at 91 .

M.L.B.: Austin Riley, the Atlanta Braves’ star third baseman, is expected to miss six to eight weeks with a fractured hand.

N.F.L.: The Miami Dolphins quarterback Tua Tagovailoa spoke about playing under the team’s former coach Brian Flores , describing him as a negative presence who told him he “shouldn’t be here.”

ARTS AND IDEAS

It has been a year since the British Museum fired a curator for stealing artifacts from its storerooms and selling them online. While a police investigation continues, the institution has appointed a team of eight, each person focusing on a different area, to help recover around 1,500 stolen artifacts. They’re trawling the internet, public auctions and the collections of other museums. A Times reporter, Alex Marshall, spoke to the recovery team .

More on culture

Phil Donahue, the longtime daytime TV talk show host who revolutionized the form by inviting the audience to participate, died at 88 .

The late night hosts discussed the first night of the Democratic National Convention .

THE MORNING RECOMMENDS …

Roast soft and deliciously spiced rounds of eggplant .

Save money when cooking for one .

Try rødgrød med fløde , a berry pudding that tastes like summer in Denmark.

Preserve summer produce with a great food dehydrator .

Clean your headphones .

Here is today’s Spelling Bee . Yesterday’s pangram was atrophy .

And here are today’s Mini Crossword , Wordle , Sudoku , Connections and Strands .

Thanks for spending part of your morning with The Times. See you tomorrow. —David

P.S. A group of Times colleagues has been meeting to read and discuss Emily Wilson’s translation of the “Iliad.” As Wilson tweeted, “Ancient epics are fun to talk about!”

Sign up here to get this newsletter in your inbox . Reach our team at [email protected] .

David Leonhardt runs The Morning , The Times’s flagship daily newsletter. Since joining The Times in 1999, he has been an economics columnist, opinion columnist, head of the Washington bureau and founding editor of the Upshot section. He is the author of “Ours Was the Shining Future: The Story of the American Dream." More about David Leonhardt