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Forbes - Boats & Planes

226-Foot-Long Sustainable Superyacht Runs On Pure, Clean Renewable Energy Brunswick’s AutoCaptain Takes Over Boat Docking With AI Help Wisk, NASA, Electra, BETA Make Major Advanced Air Mobility Moves Private Jet Sellers Enjoy Strong Tailwinds From IPO Surge, UHNW Growth Flexjet Becomes Formula 1 Partner For ‘Experiences’ And Sustainable Flights Private Jet Operator AirSprint To Be Acquired By Private Equity Firms Sanlorenzo Unveils SL80A Yacht Ferretti Group Kicks Summer Off In Style On The Amalfi Coast Economic Value Of Superyacht Industry Reaches $61 Billion, Study Finds Dutch Design’s Sea Rover Project Puts Wellness First The World’s Largest Superyacht Is About To Start Cruising—What’s Coming For REV Ocean? Heesen Yachts Unveils New Direction With New Superyacht Design Valve Founder Gabe Newell Backs €700M Research Ship Capable of Reaching Challenger Deep Flexjet Acquires High-Profile Aircraft Broker The Jet Business Walkers Cay To Sell Marina Slips And Announce Major Development Plans Instant Classic CRN Superyacht Launched In Italy Big Marlin, Big Prize Money And A State-Of-The-Art Marina Bring World-Class Fishermen Back To Walker’s Cay CEO Of AeroVanti Private Jet Firm Guilty On 6 Counts Of Wire Fraud NetJets Is Soaring After Fixing Warren Buffett’s ‘Biggest Mistake’ Giorgio Armani Superyacht Regatta Kicks Off The Summer Season In Style In Porto Cervo Should You Consider Renting A Yacht In Turkey? Peanut M&Ms, Doritos are the top snack foods for private jet flyers Polar Icebreaker To Indian Ocean Pioneer: Aqua Lares Enters A New Era Monaco Academic And Industry Leaders Celebrate World Boating Day In Thoughtful Ways UAE-Based Yacht Builder Gulf Craft Continues To Grow Lürssen Delivers Fourth Superyacht Of 2026 This Yacht Builder Is The New Nobiskrug—And Making Crazy Custom Megayachts Private Jet Demand Takes Off Despite Increased Fuel Prices Australian Team To Race In The America’s Cup For The First Time In 25 Years This New Yacht Has Just Been Delivered To Its Billionaire Owner Nautor Swan Unveils 73-Foot Performance Cruiser Ryan Reynolds Experiences SailGP Speed Firsthand At Event In Bermuda The Insane Bucket-List Experiences Only Accessible By Superyacht Riva And Ferrari Combine Starpower And Horsepower Private Jet Companies Are Readying For FIFA World Cup. Are You Ready? Gary Jobson Remembers Sailing Legend Ted Turner Alia Yachts Unveils New Full Custom Yacht In Palm Beach Rare Hantavirus Outbreak Strands Cruise Passengers At Sea Ferrari Hypersail Makes A Stylish Entrance At Milan Design Week Inside ‘Leviathan,’ Gabe Newell’s Progressive New Superyacht Scotland’s Green Party Private Jet Ban Could Bring Economic Red Ink Turquoise Yachts Launches Second Superyacht This Year 465-Foot-Long Russian Superyacht Passes Through Blockade In The Strait Of Hormuz Remote Managers, Secondary Homes Driving Private Aviation Demand ‘Oceania Aurelia’ Setting Sail In 2027 Will Redefine Long Cruises Feadship Launches Striking New 262-Foot-Long Superyacht Voly Launches New Superyacht Management Software Big Private Jet Operators Are Betting On Faster And Longer Miami-Based Manari 52 Debuts With Loro Piana Interior Yachting Industry Leader Interview: Karel Komárek American Airlines Re-Enters Private Jet Market Via TLC Jet Partnership This New Yacht Has An Underwater Window And A Two-Deck Tree On Board 221-Foot-Long CRN Superyacht ‘Amor À Vida’ Steals The Show In Palm Beach The Masters, Trump TFRs Show Easy Come, Easy Go Impact Of Private Jets New American Team To Challenge For The America’s Cup A ‘Seabourn Pursuit’ Port Call With Purpose Private Jet Flight Demand Skyrockets As Flyers Seek Reliability Hinckley Unveils New Picnic Boat 45 At Palm Beach International Boat Show How Superyachts Are Staged For Sale, According To Industry Insiders Tennis Superstar Carlos Alcaraz Commissioned A Bespoke 88-Foot Sunreef Catamaran Superyacht Chefs Reveal What The Ultra-Wealthy Eat On Vacation The 6 Largest Superyachts At The Palm Beach International Boat Show Tailwind For Air Taxis And Cargo Drones Via Federal Program Airport Security Lines And Storms Boost Private Jet Demand 6 Luxury Yachts With Wild Technology On Board—From Interactive Walls To Nightclubs The Coolest New Yacht Accessory? A Second Yacht Peek Inside The 344-Foot Sailing Superyacht ‘Black Pearl’ This Superyacht Makes Swimming With Sperm Whales Off Dominica Even More Special What Do The World’s Wealthiest Superyacht Guests Really Want? Own A Slice Of A Major Private Jet Company With Perks, Not Headaches U.S. SailGP Team Wins Big In Sydney Aquila Catamarans Launches 50-Foot Sailing Catamaran Iran Conflict Spurs Issues For Private Jet Flyers Beyond Price Spikes Global Eco-Boating Competition Attracts 43 Teams To Test New Tech Friends With Jets Have Hairstylist Bernardo Vasconcelos Flying High After 30 Years, This Private Jet Company Wants To Be A Household Name Two Italian Icons—Ferrari And Riva—Celebrate Style And Performance In South Florida
Innovative High-Performance Cruising Trimaran Comes To Life In Cape Town
Bill Springer · 2026-06-22 · via Forbes - Boats & Planes
VMG53-2

The VPLP-designed VMG 53 is a whole new breed of high performance cruising trimaran

VMG

After 30 years writing about yachts, I’ve been lucky enough to interview countless entrepreneurs who are also passionate yacht owners. Some, like Shahid Kahn (who owns the 400-foot-long superyacht Kismet that charters for $3 million per week), or Carl Allen (who’s owned a fleet of yachts and also owns his own island in the Bahamas), or Herb Chambers (the owner of the distinctly styled superyacht Excellence), are successful entrepreneurs who simply have the yacht (or yachts) of their dreams designed and built for them. In fact, superyachts being designed and built for extremely successful entrepreneurs is hardly new.

But, when it comes to designing and building a revolutionary new trimaran design, one particular successful, American, boat-loving, entrepreneur is making news because he’s doing way more than just ordering a custom boat for himself. His name is Mike Schwartz. He’s assembled an international team of rock-star designers, engineers, sailors and boat builders to create a whole new type of high-performance offshore sailing trimaran. And he believes so strongly in the need for a new breed of trimaran, he’s pouring his blood, sweat, resources, and considerable entrepreneurial acumen into his company that’s designing and building an innovative, high performance offshore cruising trimaran that’s unlike anything that’s been built before.

VMG co-founder Michael Schwartz

VMG

The idea was born when Schwartz sailed a particularly challenging offshore sailing race with fellow crewmate (and multihull expert) Karl Reed. They clicked almost immediately and the conversations they had revealed they shared a vison of what the ideal performance-cruiser trimaran could be. And that no one was building it, yet.

But, since Schwartz has more than 25 years of experience in product development and manufacturing. And since he’d already built and scaled multiple businesses across industrial, food production and cycling sectors, it was almost inevitable that he and Reed would join forces to bring their vision to reality.

The VMG 53 high performance cruising trimaran features an innovative interior layout

VMG

According to Schwartz, the company they started not too long after those initial conversations is called VMG Industries (short for “Velocity Made Good”) because in sailing, nothing is more important than VMG—the measure how efficiently a yacht converts speed into meaningful progress towards a destination.

And they could not have found a more respected firm (that knows all about the importance of VMG) than the legendary naval architecture studio VPLP Design to partner with on the overall design. The French firm is known for designing some of the fastest ocean-racing multihulls ever built. In fact, I’m a little surprised (and quite impressed) that two relatively unknown American guys who’d never designed or built an offshore trimaran before were able to convince such legendary French yacht design firm to design the 53-foot-long high performance trimaran that’s currently being built in South Africa.

But after getting to know Schwartz and witnessing his relentless work ethic and almost boundless energy, I’m not surprised. “I was pretty excited just to get our initial meeting at VPLP,” Schwartz says. “The fact that they understood what we were trying to achieve, and then signed on to do the design work was huge for us. We are literally starting at the top.”

And lots has happened since that initial meeting. Construction of hull #1—the VMG 53—is well underway. And lots of the design ideas that inspired Schwartz and Reed to tackle such a tough project have come to life.

The new VMG 53 is scheduled to launch later this year

VMG

“From the beginning, our goal has been to create the yacht we wanted to own ourselves," he says. "We believe that we have the unique opportunity to combine world-class design, practical cruising capability and true sailing performance in a way that hasn't been achieved before in a production trimaran. Through the VMG 53 and our future models, we aim to make the most cutting-edge trimaran technology accessible to all.”

The VMG 53 is unique in several ways. It’s the first cruising trimaran in this size range to be equipped with two auxiliary engines, one in each outer hull. “Two engines make the VMG 53 much more maneuverable under power than one mounted in the hull. And the redundancy and added safety of having two engines makes my wife much happier as well,” Schwartz says with a smile.

Schwartz also called for the VMG 53 to be built of high tech carbon fiber and E-Glass composite construction at Evolution Marine Manufacturing in Cape Town to ensure that it will be lighter and perform better than other cruising trimarans. He says it’s more expensive and more complicated to build that way. But the stiffness and weight savings achieved in construction makes it possible to hit the aggressive performance goals that Schwartz has for the boat while also being a safe and comfortable cruiser. And the interior layout by renowned designer Christophe Chedal Anglay is innovative as well.

The VMG 53 is an innovative trimaran that's built in South Africa

VMG

But you don’t have to take my word for it. Schwartz and Reed have already invited prospective owners see hull #1 that’s being built in Cape Town for themselves. And they’ve organized a long list of experiences (helicoptering in to tour Klein Constantia and Steenberg Farm wine estates hosted by Cape Town wine expert Shaun Terry, exploring the The Silo Hotel and Zeitz MOCAA museum, dining at some of the hottest restaurants in Cape Town and paragliding off the top of Signal Hill) so guests can enjoy the journey as well as see the VMG 53 come to life too.

And it’s coming to life quickly. The first VMG 53 is scheduled to launch in Cape Town in December. Watch this space.