37.8m Moonen COCOON Sells as the Dutch Martinique Yacht Becomes PHINN

A recent sale of a Dutch-built explorer

Edmiston has moved the 37.8-metre Moonen motor yacht COCOON into its official recent-sales collection, confirming that the 2023-built vessel has changed hands. Industry transaction reporting identifies the yacht’s subsequent name as PHINN and names Edmiston broker Charles Carveles in connection with the seller. The broker’s own sold-yacht record is the primary confirmation of the completed transaction; the precise confidential contract price has not been established in the material reviewed.

COCOON had been offered publicly at €19.995 million, but an advertised asking price is not evidence of the sum agreed at closing. Anyone analysing the deal as a comparable sale must distinguish the two. The yacht was the fourth example of Moonen’s Martinique series, a platform intended to deliver an unusually substantial long-range cruising experience below 40 metres. Her change of ownership is a market event, not a new launch or a newly announced construction order.

A steel hull with measured proportions

Moonen built COCOON with a steel hull and aluminium superstructure, and the yacht’s 8-metre beam makes a material contribution to her interior volume. The Dutch designer René van der Velden shaped the exterior, balancing generous glazing against the displacement hull and working deck arrangements. Edmiston’s specifications give an internal volume of 345 gross tonnes. Gross tonnage measures enclosed volume under convention rules, not the vessel’s weight or displacement.

The figures are useful because metre length alone does not reveal how a yacht will feel inside or how efficiently crew can work around guests. The glazing opens up views from the main and bridge decks, while the winter garden connects indoor and outdoor living. A buyer comparing yachts of similar length should inspect circulation, privacy and service routes rather than relying on volume claims without visiting the actual spaces.

A Scandinavian interior approach

The yacht’s interior is credited to Andreas Martin-Löf Arkitekter, whose treatment uses pale neutral materials, warm timber, tactile finishes and curves that soften the larger architectural volumes. The main salon photographed by Edmiston includes panoramic windows and sculptural furniture, demonstrating a deliberately residential character. The scheme differs from a traditional highly lacquered yacht interior without becoming an exercise in austerity. It is a design direction that can appeal to owners who spend long periods aboard.

Yet photographs alone cannot confirm the present condition of upholstery, mechanical services or joinery. Survey reports, maintenance records and personal inspection remain necessary for a purchaser evaluating a recently built yacht. A coherent design palette makes the initial impression, while storage, acoustic privacy and the durability of materials will shape life on board. With a new owner and name, future changes to COCOON’s interiors should not be assumed unless independently announced.

Accommodation and deck living

Edmiston’s yacht particulars describe five guest cabins accommodating ten, with the addition of two guests in an alternative arrangement reflected in its accommodation notation. The main-deck owner’s suite has an en-suite bathroom, while two VIP cabins and two twins provide flexibility for family use. Separate quarters are provided for seven crew. Three exterior deck levels offer areas for sunbathing, dining and relaxation, including a sundeck with lounge seating, a bar and grill.

The bridge-deck winter garden is a distinctive feature because it extends usability beyond the warmest cruising periods. It can also create a gathering space without requiring an entire party to remain outside in strong wind or heat. For a yacht in this length band, balancing guest privacy with operational practicality is particularly significant. Prospective charter users, if the new owner later offers the vessel commercially, would need to confirm that authorisation and the available guest configuration.

A cruising specification with limits

The broker lists twin Caterpillar C32 diesels of 1,924 horsepower each, a cruising speed of about 14.5 knots and a maximum speed of 16.5 knots. It reports a 4,000-nautical-mile range at the economical speed of ten knots. These figures describe a specified operating point and should not be treated as a range guarantee at higher cruising speeds, with a full complement of guests or in adverse weather. Fuel reserves, sea state and maintenance condition can materially alter a passage plan.

CMC Marine stabilisers are listed as part of the equipment, while the tender inventory includes a Williams tender and water-sports gear. A buyer considering long-range use should look beyond headline engine output to autonomy, spares, crew arrangements and support infrastructure. The combination of steel-hull construction, interior volume and a moderate economical speed explains why the Martinique design attracts attention among owners who value purposeful cruising over a purely high-speed profile.

The meaning of a completed sale

COCOON’s appearance in Edmiston’s latest completed-sales records confirms a change in brokerage status, but it does not disclose the identities of the parties, the exact date of contract exchange or the final commercial terms. Reporting that the yacht is now known as PHINN should similarly not be expanded into unverified claims about her intended home port or future charter programme. The responsible story is a completed sale of a clearly identified Dutch yacht, supported by the selling broker’s own records.

For the wider sector, the transaction adds an observable resale to the Moonen Martinique history. Future buyers can compare how sisterships are marketed and how hull design, interior options and technical maintenance influence interest. A public asking price can establish the seller’s last advertised position, not the realised price. The new owner’s plans may emerge later; until then, the yacht’s specifications and the confirmed change of status are the facts that matter.

Primary reporting is based on the official report or broker yacht particulars. Consult the additional original source or independent market context for current equipment and commercial terms.