In 2007, industrialist Guido Orsi and former Baglietto executives Michel Karsenti and Renzo Chelazzi founded the brand Tankoa Yachts. They introduced the public to two 65-meter megayacht projects, designed by renowned specialists Vincenzo Ruggiero and Francesco Paszkowski.

By the end of 2009, the company had established its staff and begun production. To enhance its marketing department, Michel Karsenti, owner of Yacht-Ology, was recruited.

In 2015, the shipyard made a successful debut at the Monaco Yachts Show with several concepts, including the 69-meter megayacht M/Y SUERTE. This yacht was chartered for four months and later purchased by the same charter client. M/Y SUERTE also became a finalist at the 2016 ShowBoats Design Awards in the marine architecture category.

In 2018, Tankoa launched its largest yacht to date, the 72-meter Tankoa S693 SOLO. This marked a significant milestone for the shipyard and led to the development of future models. The megayacht was noted for its modern design, high level of comfort, and advanced technologies.

In 2021, Tankoa acquired the 76-year-old shipyard Cantieri di Pisa, significantly expanding its production capabilities.

Tankoa Yachts operates a production facility in Genoa with an area of approximately 30,000 square meters. It features two covered sheds, each 90 meters long and 18 meters high, a fully equipped 250-meter dock capable of accommodating yachts over 90 meters, and a dry dock with a 4,000-ton capacity for servicing yachts up to 100 meters. The site also includes administrative buildings and the company headquarters.

In 2018, the shipyard expanded by opening a separate division in La Spezia dedicated to custom yacht construction.

Tankoa Yachts offers both semi-custom and fully custom yachts. Among the semi-custom models, the most popular include the TANKOA S501, which is the most sought-after, as well as the SPORTIVA series with T45, T55, and T65, and the TANKOA T450 and TANKOA T560 APACHE. Each model also has a variant with a hybrid propulsion system.

Custom projects feature superyachts like M/Y GREY (50 meters, 2023), M/Y KINDA (50 meters, 2022), M/Y OLOKUN (50 meters, 2020), M/Y BINTADOR (50 meters, 2019), M/Y VERTIGE (50 meters, 2017), and M/Y SUERTE (69 meters, 2015), which was one of the first yachts produced by the yard.

In recent years, Tankoa has emphasized green technologies, with the 72-meter M/Y SOLO receiving the Platinum Green Plus environmental certification in 2018.