CRN say they have signed  a Letter of Intent (LOI) with a Chinese client for a 68 metres superyacht, the biggest vessel ever sold by CRN and Ferretti Group in China.

The historic Italian shipyard of Ancona, part of Ferretti Group, which specialises in the construction and sale of fully-customised displacement megayachts, ranging from 40 to 90 metres in length, will build the new vessel.

The 68 metres in length and 12.50 metres in breadth megayacht, to be built of steel and aluminium, is designed by Zuccon International. One of the distinctive features of the new vessel is the floodable garage, which allows the tender to enter the water without using a crane. Introduced for the first time by CRN on M/Y J’Ade, of 60 metres, and exhibited at the Monaco Boat Show, the innovation 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.

“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.”