How it all started

The Latsis Group was founded in Greece in the 1940s by the late John S. Latsis.

 His first entrepreneurial ventures focused on trade and shipping and quickly expanded to diverse business interests such as commercial shipping, energy and real estate.

How it all started

MY Henriette
The 58m MY Henriette was designed by the New York based naval architect and marine consultant John Wells (1879-1962). She was built by Welding Shipyards in Norfolk, Virginia and was launched in 1950. At the time, the yacht represented the pinnacle of American shipbuilding and was the finest example of true craftmanship that characterized the yachts of her era. In 1977 the yacht was bought by the late John S. Latsis and her acquisition signaled the involvement of the Group in the yacht management business.

In 1949 John S.Latsis -a captain himself- acquired Neraida in order to service the small islands around Athens. The vessel was also used for short cruises to entertain family and friends and soon after John S.Latsis established the chartering company Alcyonides. The company managed five classic wooden yachts built in Greece which were chartered in and around the Greek islands and the Mediterranean. In 1977 the acquisition of Henriette – a 53 meter yacht built in 1949- signalled the entrance of the company into the pleasure yacht industry. Gradually, the company became involved in yacht management, refits, conversions, operations and brokerage. sete yacht management was established in 1998 and was followed by PrivatSea in 2004.

Image 1

Neraida in Poros
In 1949, John S. Latsis, then a young shipowner, purchased the Laurana and routed her on the Argosaronic Gulf line. A few days after her first voyage in the line, she was renamed “Neraida” (meaning “Fairy” in Greek), after a vote was held onboard, with the presence of the soon-to-be Prime Minister of the country, Nikolaos Plastiras, politicians and journalists. Under that name she carried passengers almost on a daily basis, hosted politicians and celebrities and appeared in Greek and foreign films, until 1974, when she retired from service. Her most frequent route was Piraeus-Aegina-Methana-Poros-Hydra-Hermioni-Spetses, but she also used to visit Leonidion, Monemvasia, Salamina, Nafplion and Epidaurus.

Image 2

Neraida deck

Image 3

Mary G, one the Alcyonides Yacht
On February 6, 1963, the newly established -by John S. Latsis- Yacht Charter Company “Alcyonides” sent personal letters to companies and entrepreneurs in Athens and abroad promoting a new and unique kind of luxury vacation: sailing on a private charter yacht. The “Alcyonides” yachts were five in total and were constructed in the old and classic Greek shipbuilding tradition in Perama, Athens. The wooden boats boasted Rolls Royce engines, Lloyd’s Certificates, a speed of 10 knots and accommodation for up to 12 passengers.