Superyacht sales: slashed prices or seasonal adjustment?

Superyacht sales: slashed prices or seasonal adjustment?

Shoppers were out grabbing a bargain on Black Friday last week, but the superyacht market is also offering discounts of its own. Asking prices for some pre-owned superyachts have been slashed since the end of the show season. When paired

Read Full Article
Children are the future (of yacht sales and charter) 

Children are the future (of yacht sales and charter) 

Luxury travel is recession proof. That’s the view of Geordie Mackay-Lewis, co-founder of luxury travel company Pelorus – and probably the view of most people in the yachting industry. In the aftermath of the pandemic and lockdowns, there’s no shortage

Read Full Article
The Italian job – building in a boom

The Italian job – building in a boom

“Batti il ferro finché è caldo” is an Italian saying that translates as “strike the iron while it’s hot.” And it’s one that rings true for Italian shipbuilding giants recently reporting strong growth for the first nine months of this year.

Read Full Article
Yachting through the crypto Winter

Yachting through the crypto Winter

If you don’t own Crypto you may have missed the travails of FTX, a large exchange, which suffered the equivalent of a run on a bank this week. After $6bn of panicked withdrawals in three days, it agreed on a

Read Full Article
Sailing in the Sunshine State

Sailing in the Sunshine State

The largest in-water boat show in the world opened its gates for the 63rd time last week as more than 100,000 attendees and 1,300 watercraft descended on Fort Lauderdale, Florida. From single-person kayaks to the biggest yacht on show, the

Read Full Article
Strains on supply chains

Strains on supply chains

There is good news and bad news when the market is this buoyant. The good news is that record highs reported in the post-pandemic boom have led to continued growth. The bad news is the industry can’t keep up – supply chains

Read Full Article
The full Monte (Carlo)

The full Monte (Carlo)

The strong gales at the Monaco Yacht Show may have prevented superyachts from anchoring around Port Hercule (pictured) this year. But showgoers seemed resilient to the potential winds of change impacting the industry. Despite immediate fears of recession, supply chain

Read Full Article
No second wind needed for new build sector

No second wind needed for new build sector

The superyacht industry looks buoyant. Despite rising inflation, sanctions, worries of an impending global recession and the looming prospect of the sales bubble bursting, yacht builders continue to report positive financial results – and there are no signs of it

Read Full Article
Yes, we Cannes

Yes, we Cannes

There is nothing quite like the French Riviera at this time of year. In Cannes, Vieux Port (pictured) and Port Canto this week welcomed more than 600 exhibitors, 650 boats and 54,000 visitors to the Cannes Yachting Festival 2022. The

Read Full Article
Why superyacht investors should put their money on green

Why superyacht investors should put their money on green

A green tide is rising. For evidence, look no further than next week’s Cannes Yachting Festival, where the new Green Route initiative will showcase environmental innovation. Whilst the superyacht industry is far from a leading polluter, pressure to cut the

Read Full Article