On the heels of recent orders for a 68-meter and two SuperConero 44-meters, CRN reports another signed letter of intent for the construction of a 77-meter destined for the Middle East.

After launching its flagship 80-meter Chopi Chopi at the last Monaco Yacht Show, CRN, part of the Ferretti Group will produce the new 77-meter designed by Studio Zuccon International Project, whose project design was developed by CRN Engineering and interior design by the architect Laura Sessa. Designed in collaboration with the owner, the yacht will be exclusively for private use and becomes the shipyard’s second-largest vessel.

“I am very proud of the signing of this last letter of intent for a new 77-meter megayacht, another ambitious project for CRN, which allows us to continue to grow … The project of the 77-meter is a new challenge in [the] strategic Middle East market,” said Lamberto Tacoli, chairman and CEO of CRN.