A new ‘hydrogeneration’ of yacht
“We do not just want to use the latest technology on the yachts we build – we want to advance the status quo. And, in order to change things, you have to be active. That is why we have teamed
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Sales
Record-breaking first quarter for Denison
In the first quarter of 2021 (Q1), Denison sold over 40 superyachts, surpassing 2018, 2019 and 2020, respectively. The Florida-based firm is building on what was one of its best years for yacht sales in 2020, selling 83 superyachts, with
Nobiskrug’s search for investment makes ‘promising start’
“My goal is to find an investor by the end of June,” said Hendrik Gittermann, the preliminary insolvency administrator assigned to Nobiskrug, following its recent filing for insolvency. Gittermann who works for Hamburg-based law firm REIMER, has commissioned PwC with
Amels and Damen confirm Gene Chaser sale
Amels and Damen Yachting have confirmed the sale of the 55m yacht support, Gene Chaser. The name of the yacht was unveiled during a ceremony held at the Dutch builder’s yard in Vlissingen. Complete with a research laboratory, the support
Tankoa and Camper & Nicholsons announce sale of third S501 hull
Tankoa Yachts has sold its S501 hull with the assistance of Fernando Nicholson of Camper & Nicholsons. Built on speculation, S501 is the third hull in the Genoan shipyard’s all-aluminium 50-metre series designed by Francesco Paszkowski and is due to
Marquis Yachts to continue production despite notice of possible layoffs
US-based Marquis Yachts LLC has said there will be no disruption to its production despite warning the Wisconsin State Department of potential layoffs if a sale of the company could not be completed before March 1st. In late January, as
Sunseeker yacht, worth $4m, impounded over legal row in Florida port
A $4m Sunseeker International 74 Sport Yacht has been impounded in a Florida port for nearly four months, during an unresolved legal row between the manufacturer, its US distributor, a broker and the yacht’s would-be owner. US marshals arrested the
‘Billionaires are doing particularly well.’ But will they buy superyachts?
The value of the Monaco superyacht fleet was put at at 3.9 billion euros. But will billionaires keep buying superyachts? Billionaires are prospering, particularly in China, the US and Germany, according to Dr Martin Mendes, partner and director, Boston Consulting
Superyacht berths to ‘command premium prices as demand exceeds supply’
Berths for big superyachts will increasing command higher prices. Pictured is OneOcean Port Vell at the Spanish city of Barcelona. Superyacht berths at popular locations are likely to command higher prices in the years ahead, as demand outstrips supply, according
Sunseeker distributor opens new base on Australia’s east coast
Brad Rodgers: “… we feel that momentum is growing for European-style yachts …” Pictured is Sunseeker’s 131 Yacht. Superyacht brand Sunseeker is opening a new base on Australia’s east coast to supply what its distributor describes as the growing demand
