Launching an IPO is a lot riskier than launching a yacht, as Ferretti Group demonstrated yesterday. Ferretti has given up its plan to sell 30% of the company on Borsa Italiana. Ferretti had been hoping to list at between €2.5
Pictured above is the tranquil scene viewed from my home on the banks of the River Clyde, writes captain Iain Flockhart. Just beyond the ship’s bow is Faslane Nuclear Submarine Base; home to the fleet that carries the UK’s nuclear
Should superyacht show organisers polish their act? Captain Iain Flockhart thinks so. With the yacht show season now in full swing and the daddy of them all underway in Monaco, as I pen this article, I want to take a
The billionaires club will have 800 more members by 2023. But how many will invest in superyachts remains unclear. “The rich are very different from you and me,” American novelist Scott Fitzgerald is reputed to have told fellow writer Ernest
This is the £3.45 billion view from atop the Yacht Club de Monaco, during the show this week. The world’s finest superyachts rode elegantly in harbour waters, while personal submarine craft floated under them. Above, yacht-capable helicopters whizzed through azure skies.
September is showtime for the superyacht industry. Next week the spotlight will fall on the Monaco Yacht Show, after last week’s Cannes Yachting Festival. Both events offer opportunities to showcase the most recent superyacht and support vessel designs, the latest
A captain who can mentor crew “is a priceless asset”. Mentoring is worthwhile in just about any industrial or other commercial environment, writes captain Iain Flockhart. It reaches beyond commerce and industry; being a valuable tool to help people with
Price competition for superyacht berths, particularly at popular marinas, is likely to intensify, according to Ignacio Erroz, manager of OneOcean Port Vell (pictured). Superyacht berths at Barcelona’s port on the Costa Brava coast are significantly less ‘costa’ than other berths
The Foiler is one of two new yachts to use hydrofoils to boost performance featured in Superyacht Investor recently. Innovation is alive and well in the global yachting industry. For evidence, look no further than our two reports this week
Glitzy yacht shows – featuring vessels such as the 80-metre Excellence – and climate change campaigner Greta Thunberg are helping to raise the profile of yachting. The global yachting industry is about to enjoy a moment in the sun, courtesy
