Ferretti Group plans to build a range of Riva megayachts from 50-100m.
The previous largest Riva is the 122-foot M/Y Mythos, which launched this summer.
A 50m version is expected to be built in 2015, followed by a 68m model and the 100m model.
“Carlo Riva’s idea to build large yachts is finally turning into reality,” Alberto Galassi, CEO of Ferretti Group, said at a press conference at the Monaco Yacht Show. “Riva is ready to step into this market segment as a leader.”
Designed by Officina Italiana Design, the 50m model will include a 6m float-in tender garage and accommodate up to 12 guests and a crew of nine.