Italian yard Ferretti Group has revealed its latest superyacht, the Custom Line 120, which is currently under construction in La Spezia and due for a summer 2017 launch.

This 38.36 metre yacht features a semi-displacement GRP hull, while interior and exterior styling comes courtesy of long-term Custom Line collaborator Francesco Paszkowski.

In a statement, the Italian yard said: ?The profile is sleek and powerful ? strong lines running from bow to stern give a more aggressive and dynamic look even while in port or at anchor.?

Accommodation on board the Custom Line 120 is for ten guests split between a main-deck master cabin, complete with his and hers en-suites, two twin cabins and two VIP cabins, which feature double beds facing the windows for better views out to sea.

Four crew cabins allow for a staff of up to seven people while transom garage and foredeck locker allow for three tenders to be stored on board.

The two-piece slanted patio door opens on hydraulic struts to give access to the main-deck saloon, which features an L-shaped sofa facing aft, while the formal dining area includes enough room for all ten guests to enjoy a meal together.

The upper deck and the shaded skylounge features a retractable bimini, sunloungers, cocktail bar, al fresco dining options and a superyacht spa pool.

Power comes from a pair of 2,638hp MTU 16V 2000 M94 engines for a top speed of 25 knots and a maximum cruising range of 1,050 nautical miles at 11 knots. Zero-speed stabilisers ensure a peaceful night?s sleep at anchor.

Other superyacht projects currently under development at the Italian yard include the first Riva 100 Corsaro, which was launched earlier this month and is due to be delivered to its Asian owner before the end of the year.