IWC introduced the third generation of the Portugieser Yacht Club Chronograph in 2020. At 44.6mm the case is slightly larger than the outgoing versions. The addition of a bracelet, in either stainless steel or a combination of stainless steel and red gold, is a novel touch. The movement remains the self-winding caliber 89361, Dressed up as reference IW3907-02, the Yacht Club Chronograph has a Stainless Steel case and a Silver dial.