YCO Group is to manage a new build project with a leading European yard on behalf of a long-term client.

The project will be a full custom build of a motoryacht which is expected to be in excess of 80m (260ft). The work will be undertaken in conjunction with UK based Superyacht Design House.

“We’re delighted to have been chosen to undertake the contracting and project management of a yacht of this calibre,” says YCO chief executive Charlie Birkett.

“YCO is now involved with every major European yard and this latest project is further validation of YCO as a leader in the brokerage and management of the world’s most significant superyachts.”

The yacht is due to be delivered in 2014.