Italian Ferretti Group Launches First Itama 70
2026-06-02 10:52
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en.Wedoany.com Reported - The Ferretti Group has launched the first Itama 70 at its Ravenna shipyard, the second model in the brand's renewal plan, which retains the iconic design language while incorporating new ideas to enhance comfort, livability, and performance.

The Itama 70 measures 21.23 meters in length overall and 5.30 meters in beam, developed by the Ferretti Group Product Strategy Committee in collaboration with the Group's Engineering Department. The exterior design is by Vallicelli Design, while the interior is by IdeaeItalia. The yacht retains the distinctive features that have established its iconic status, including the sun pad on the bow and side windows running the full length of the hull.

The movable beach area at the stern can accommodate and launch a 3.25-meter tender. The sun pad features an integrated backrest, ensuring continuity in the living area. The U-shaped dining area, paired with a teak-topped table, faces the wet bar and can be converted into a chaise lounge with cushions. Ferretti states that the overall effect creates an ideal environment for relaxing by the water.

Ferretti Group Itama 70 on the water with flags

A dual helm station is located on the port side, with the first boat's console equipped with two 16-inch chart plotter touchscreens. Access to the bow area is via a central passage through the windshield, while the lower deck entrance is on the far starboard side. The layout includes three cabins, including an aft master stateroom, each with an en-suite bathroom, as well as a galley and dining area designed to enhance livability on the lower deck.

The first Itama 70 is equipped with optional twin MAN V12 engines rated at 1,550 hp, achieving a top speed of 40 knots and a cruising speed of 35 knots (preliminary data). The yacht is also fitted with a Seakeeper NG14 gyroscopic stabilizer.

Previously, the Ferretti Group approved unaudited consolidated financial information for the period ending March 31, 2026, reporting a decline in revenue and order volume compared to the same period in 2025. The Italian shipbuilder has recently undergone management changes: shareholders support China's Weichai Group, and confirmed the departure of CEO Alberto Galassi after 12 years, with Stassi Anastassov appointed as the new CEO.

This delivery aligns with the Ferretti Group's broader strategy of brand product renewal and expansion, with the company planning to continuously introduce new models while anticipating market trends. The Itama 70 clarifies the opportunities the Ferretti Group sees in the open performance segment, modernizing layout, comfort, and onboard technology while retaining recognizable brand DNA.

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