“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 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 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
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
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
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
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
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
The Malaysian government has agreed to sell the Equanimity superyacht for $126 million. The government has agreed to sell the superyacht – previously attached from its former owner government official Jho Low – after it was arrested in Indonesian waters
Perini Navi has confirmed the sale of the first 42-metre unit in the new E-volution line. The yacht has been sold to an Italian owner. Built entirely from aluminium and fitted out as a sloop, the unit is a concept
