Leading yacht brokerage IYC has announced the successful resale of one yacht in Admiral's 72m superyacht range designed by Giorgio Armani, known as Project Metamorphosis. Built by The Italian Sea Group (TISG) under the Admiral brand, the yacht's original 2024 delivery year has now been pushed back to April 2025 to account for "additional upgrades" by her new owner.
IYC global partner Michel Chryssicopoulos represented the seller, having originally sold the yacht in 2020, while Darrell Hall of Yachtzoo brought the buyer.
The 2,000 GT yacht will have an interior and exterior design by Giorgio Armani's design studio with a range of 6,000 nautical miles and a main deck with a six-cabin layout.
Project Metamorphosis will also feature a 180 square meter owners deck. Speaking about the project, Chrysikopoulos said the yacht will "reinvent traditional yacht design" and "redefine the boundaries of innovation, space and design in yachting".
A representative of IYC thanked Arrow Monaco, Giannis Markoyannis Law and Hill Dickinson Monaco and added that the second yacht in the series remains on schedule for delivery in the second quarter of 2025.
The superyacht was originally announced as part of a gala dinner at TISG's Marina di Carrara facility in February 2023. The reason for the resale was not disclosed, but IYC noted that the yacht under construction was asking €105,000,000 at the time of sale
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