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Fraser Yachts' 5th Sale in 10 days

Columbus Classic 65M

Fraser Yachts announced this morning its fifth yacht sale in just ten days. Whilst the summer period is traditionally a quieter time for yacht sales 2014 seems determined to continue the positive path it set out on at the beginning of the year. Last week the 26m ELENA B from Cantieri di Pisa was sold by Oscar Romano, quickly followed by the 35m Benetti PARADIGM sold by Michael Selter in San Diego, the 44m CRESCENT 144 currently under construction at Crescent Yachts in Canada which was sold by Neal Esterly also in San Diego and the classic motor yacht CAPELLA C, sold by Richard Earp in the Monaco office. Now EVIL ZANA has been added to the list, a 38m Sunseeker sold by Antoine Larricq also in the Monaco office. Fabio Ermetto, Chairman of Fraser Yachts commented, “This is clearly excellent news not just for us but for the industry as a whole. There are a number of economic concerns at the moment but our brokers are continuing to work hard and close deals. What is especially important for us is that these sales are taking place all over the world and for all different types and sizes of yachts; proving that we truly are The Superyacht Experts”. The announcement of the five sales confirms Fraser Yachts’ leading position as the number one brokerage company. Market Intelligence data recently published by Boat International Media showed that in the first six months of the year Fraser Yachts once again sold more superyachts than any other brokerage


Boat Show at Miami Beach Registered Strong Sales

Photo credit: Palm Beach Boatshow

Yacht & Brokerage Show in Miami Beach – attendance, exhibitors, sales up Attendance at the recent Miami Beach Boat Show based on concession sales and number of people using show transportation at the free-to-the-public event, was up more than 7 percent. Most importantly, notably strong sales activity was reported by numerous builders including Fairline, Viking, Ferretti, Hatteras, Westport and Marquis and brokerages including Allied Marine, HMY and Merle Wood, among others.


Natansohn Named Seabourn President

Deborah L. Natansohn has been named president of Seabourn Cruise Line. A well-known industry veteran, Natansohn most recently was senior vice president of sales and marketing for Cunard Line Ltd., where she spearheaded the launch of the celebrated Queen Mary 2 and the rebranding of the venerable line. Natansohn's appointment is part of a corporate restructuring in which the ultra luxury, all-suite Yachts of Seabourn will operate as an independent brand within the Carnival Corporation


Update Donated Boats, Yachts and Ships

Rob Scanlan, CMS/MMS/ACMS Accredited & Certified Marine Surveyor gives the following guidance on the new law regarding donated boats, yachts and ships: The new law states that the deduction value of a donated boat, yacht or ship is limited to the gross proceeds of a sale by the charity on the open market. There is however, exceptions to the gross proceeds rule which will allow you to deduct the fair market on the date it was donated. They are as follows:


New Horizon Splashes at Trinity Yachts

Yacht New Horizon on the Water.

Largest American Built Superyacht to Launch in 2011.   Trinity Yachts is pleased to announce that its largest custom superyacht to date—and the largest American built yacht in 2011—the 242’ (73.8m) six-deck, full displacement steel hull, New Horizon, launched in mid November 2011. The epitome of the design, naval architecture and engineering that Trinity Yachts incorporates in each meticulously custom superyacht built, New Horizon caps a remarkable year for the U.S


Damen-built GARÇON Wins Innovation Award

GARÇON (Photo: Damen)

The 67m Fast Yacht Support vessel, GARÇON, built by Damen, has won the ISS Awards of Distinction for Innovation at the International Superyacht Society Awards Gala in Fort Lauderdale. GARÇON came out top of an industry-led voting process that assessed five shortlisted entries in the competitive and broad-ranging Innovation category. According to the International Superyacht Society: “The Excellence in Innovation award is given to an individual or business that has


Walker Engineering Announces Promotions

Michael DeLillo, recently received the promotion of vice president of sales & marketing for Walker. He first joined Walker Engineering in 1994 as the regional manager for the Southeastern United States. DeLillo moved to the California headquarters, when he was promoted to director of sales and marketing for the company. As vice president, he will continue to be responsible for the overall sales and marketing of the Walker AIRSEP®, FUELSEP® and the new ALGAESEP® product lines


Genmar Sells Hatteras Yachts to Brunswick

Genmar Holdings, Inc. announces that it has signed a definitive agreement to sell Hatteras Yachts, Inc. to Brunswick Corporation for approximately $80 million in cash. The agreement contains provisions allowing for an additional payment of up to $20 million based on Hatteras achieving certain financial targets over the next 20 months. Consistent with its June 27, 2001announcement, Genmar's Board of Directors considered all appropriate alternatives with respect to Hatteras and concluded a


Yacht Business Improves – Boat Show Retrospective

Photo courtesy of Show Management

Show Management believes turnaround in yachting business has begun from evidence of recent Palm Beach International Boat Show There were signs at the recent Palm Beach International Boat Show that the much anticipated turnaround of the yachting industry has begun.  Compared to 2011, attendance was up 12 percent cumulatively the first two days of the four-day show. Show Management, the company which produces the boat show, reported more boats on display in several categories this year


VesselVanguard Partners with Hatteras Yachts

Logo

  VesselVanguard announced today a new partnership with Hatteras Yachts to provide a five-year subscription for its award-winning maintenance management solution to every buyer of a new Hatteras convertible or motor yacht. Hatteras owners will be among the first to have access to two groundbreaking new features of VesselVanguard’s cloud-based technology: GPLink telematics integration and interactive deck maps.


World Record Attempt: Suhay Tries to Break Distance by Dinghy Mark

Photo courtesy of McMurdo

In 2014, Robert Suhay tackled the “longest single-handed distance sailed in a dinghy by a male – 283.5 nautical miles (326.24 miles)” into the face of Hurricane Arthur for a Guinness World Record. Next week, Suhay will attempt to break his own record in a 14-foot Laser dinghy


Containership Responds for Yacht Fire Rescue

Two New Zealand sailors and their Mexican skipper were rescued from a liferaft 280 kilometers south of Niue after their yacht caught fire just after midnight June 23, Maritime New Zealand reported.   The 15-meter U.S.-registered yacht SV Sunny Deck was travelling from Rarotonga to Tonga


Aggressive Superyacht Investment Pan for Blohm+Voss

superyatch.jpg

 Fred van Beers, the newly appointed CEO for Blohm+Voss, unveil details of an aggressive new investment plan in the superyacht sector.    Over the next year, the company is restructuring some independent divisions under the same roof


Bergen Shetland Race Yachts at Lerwick

Yachting at Lerwick

  The yacht Serenity, skippered by Fridtjov Bergmann, proudly flies the Bergen Shetland Blue Ribbon as first to finish this year’s race across the North Sea from Norway. He later received Lerwick Port Authority's trophy for first yacht over the line, at 20:56 hours on Thursday


NavPlay Debuts App for American Boaters

iPad apps designed for American boaters. NavPlay

  NavPlay, an innovative manufacturer of iPad apps for boaters, announced today its release of a new app designed specifically for American boaters – NavPlay US. Offering downloadable access to detailed NOAA vector maps, NMEA 2000 compatibility and WiFi-integration with onboard


NYK Lynx Rescues Sailor in the Pacific Ocean

A person was rescued from the sailing yacht in distress 260 nautical miles off the Galapagos Islands.

  NYK Lynx, a containership operated by NYK Line, rescued one person from a sailing yacht in distress 260 nautical miles off the Galapagos Islands. The yacht had been adrift for two weeks after encountering trouble with the main engine.  


Hanøytangen Deal Reached – Again

Photo: Bergen Group

Agreement concluded for the sale of Hanøytangen; new ownership takes over as from today   Bergen Group has reached an agreement with Semco Maritime on sale of the rig service activity and with Hellik Teigen AS for sale of the real estate at Hanøytangen


Volume Up in Dutch Maritime Technology Sector

Photo by Netherlands Maritime Technology

 The Dutch maritime technology sector has had a good year. Turnover increased by 17%, from EUR 6.4 billion in 2013 to EUR 7.5 billion in 2014. The sector employed 31,680 FTEs, up from 29,361 in 2013.    “Overall we see a nuanced picture, with ups and downs


DMW Marine Takes the Lead in Military Cranes

Photo courtesy of DMW Marine Group

DMW Marine Group, LLC. has completed a number of projects for the U.S. Navy and foreign Navies in recent years, claiming a place as a go-to supplier for Navy departments globally.   Notable projects as listed by DMW include a personnel handling 500 tonne meter knuckleboom crane


Fincantieri Invests In Camper & Nicholsons

Giuseppe Bono

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the world leading authority in all luxury yachting activities. The agreement includes the possibility for Fincantieri to increase


Custom Yachts Feature Hybrid Battery Propulsion

Image courtesy of Knud E. Hansen

A pair of custom motor yachts is packed with state-of-the-art features and technologies, most notable among them: hybrid propulsion systems.   The two yachts may look different, but they are in fact the same design, with an exterior customized according to the owner’s preferences


Megayacht Launched from Cargo Ship in Turkey

HHL Valparaiso lifting the 900 metric ton and 63.1 meter long megayacht M/Y Irimari into the sea (Photo: HANSA HEAVY LIFT)

Cargo ship HHL Valparaiso’s two 700 ton cranes have lifted a new luxury yacht built by Sunrise Yachts from the dock to the sea for its world premiere in Antalya, Turkey.   HANSA HEAVY LIFT has used two of its on-board cranes, which have a combined lifting capacity of up to 1


Competition, Quality and Demand Come Together

Silver Ships

Combat, Patrol and Law Enforcement Vessels Meet Multiple Missions with varied business plans. U.S. firms building patrol, combat and law enforcement craft are weathering government budget cuts by strengthening ties with clients and public agencies


Bizzarro Named President of WRI

Stasu C. Bizzarro

Effective June 1, 2015, Stasu C. Bizzarro has been appointed President of Weather Routing, Inc. (WRI, LTD), a leader in the world-wide maritime weather forecasting field for more than 50 years.  Bizzarro is an AMS certified maritime meteorologist with close to 20 years experience in the


Offshore O&G Lease Sale: Continued Interest in Deepwater

Photo: BOEM

The Bureau of Ocean Energy Management (BOEM) completed its required evaluation of bids to ensure that the public receives fair market value for tracts leased as part of the Gulf of Mexico Central Planning Area Oil and Gas Lease Sale 235. The sale held on March 18, 2015, made 7






 
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