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Monthly Archives: September 2011
Feadship Yachts Unveils 56m Superyacht Concept: “Qi”
Feadship Yachts unveiled their 6th Future Concept at the 2011 Monaco Yacht Show. Like her predecessors, Qi has been created by De Voogt Naval Architects to reflect the likely requirements and desires of the next generation of clients. With a length of 56 meters (183’9”), Qi is designed to generate a… [read more]
Yacht Industry Update: New Boats & Late Model Brokerage Yachts
When the recession first reared its ugly head, new boat dealers were caught sitting on way too many yachts. As a glut of repossessed vessels and boats entered the marketplace, dealers and builders slashed prices on new boats, trying to lure “bottom feeder” customers intent on buying nearly new boat… [read more]
Big Boat Sales Continue to Fuel Yacht Brokerage Gains In August
Big-boat sales in August continued to push the total value of U.S. brokerage sales higher than in 2010. For the month, 2,746 boats were reported sold at a total value of $261 million, according to YachtWorld.com member brokers. This was $9 million, higher than the previous August, when nearly the sa… [read more]
Yacht Loans & Boat Loans On the Rise: (NMBA)
Although 2010 proved to be a challenging year for many members of the National Marine Bankers Association (NMBA), some showed recent signs of increased yachting loan activity, according to the group’s recently released 2011 annual report. Based on 2010 yacht loan data, the report discusses how l… [read more]
Yacht Sales in Connecticut Gaining Momentum
Even as Connecticut enacts a tax on yacht purchases, sales of large boats picked up steam this summer according to a new report, with local yacht brokers saying the new tax could leave them stranded from the action. Connecticut wraps up the 2011 Summer boating season with the Norwalk Boat Show Septem… [read more]
Industry Survey: New Zealand Yachting Industry on the Rebound
New Zealand yacht manufacturers are feeling optimistic despite the uncertain global economic conditions, with a new survey showing the yachting industry expects to grow at 8% a year over the next 10 years. New Zealand marine executive Peter Busfield said the yachting industry was projecting sal… [read more]
2011 Monaco Yacht Show: Features Tecnomar 36m Superyacht
Tecnomar Yachts will be attending the 2011 Monaco Yacht Show from September 21st to 24th featuring the new 36 meter Tecnomar Velvet, Doubleshot, which will be berthed at the T-Dock Slip# T18. Doubleshot, which was delivered to her owner in the Summer of 2011, exemplifies Tecnomar’s interna… [read more]
Warren S87 For Sale – Bank Owned Yacht – Full Warranties
Yacht broker David Johnson has announced the central listing of a bank-owned Warren S87 Superyacht in Italy. The bank is offering this 2009 Sport Yacht for sale at 2.99 million Euros. She has never been delivered, is considered Brand New by the engine manufacturer, MTU, and is ready for her full warr… [read more]
San Lorenzo Yachts Launches SL94 Superyacht in Italy
San Lorenzo Yachts recently launched their latest SL94 Superyacht at their shipyard in Italy. Both the exterior and the interior spaces of the superyacht have been designed by yacht designer Francesco Paszkowski. Her exterior comprises rectangular portholes and wide windows at the main deck wh… [read more]
Sunseeker Yachts To Debut 2012 Manhattan 53 At U.K. Boat Show
Sunseeker Yachts has announced it is to launch the brand new Manhattan 53 at the upcoming 2011 PSP Southampton Boat Show. Announcing the launch, Sunseeker Yachts said: “Following the unprecedented success of the Sunseeker Manhattan 52, the new Sunseeker Manhattan 53 offers increased space, vol… [read more]
The Importance of Boat Shows Explained, From Malta to London
Boat shows are the prime marketing platform for the yachting industry, where the display of the latest superyachts along the megayacht marinas and carpeted quaysides gives the manifestation a taste of luxury and prestige. Yacht equipment manufacturers, shipyards, service providers, naval ar… [read more]