| ADMIRAL | 50M | 'PANORAMA 50' | 2025 |

The 5th Panorama series model has been sold to a client. This one makes it the 4th 50-meter hull in the works. The other is a slightly larger 53.5-meter Panorama model which had its keel laid recently. The first 50-meter unit is presently under construction and will be completed in 2025.

Hull 607 has entered the outfitting phases of construction. The keel of this particular yacht was laid in mid-2024 and is expected to be completed in 2026. Hull and superstructure are completed and mated and fitting out as one structure now. Design is by Piredda & Partners with an interior by Centro Stile which is of The Italian Sea Group (TISG). Accommodation is going to be for 12 in 7 cabins with the lower deck being occupied solely by the crew. Master suite is on the upper deck. Photo by Giuliano Sargentini

Looks like the first hull has been launched to the water. Note in this photo by Lorenzo Tampucci.