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
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.
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:
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
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
Marine Manufacturer Adds Talented Technical Sales Professional To Expand Key Big Boat Market Segment Presence IMTRA, the leading manufacturer and importer of quality marine products, announced today the addition of Prentice Weathers to its sales team. Focusing on business development efforts for the big boat segment, Weathers has joined Imtra in a Custom Product Sales position. In his new role, Weathers is dedicated to providing excellent customer service
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
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
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 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.
The container ship Southern Lily sailing around 500km north of New Zealand were able to save two men and a womanfrom the battered yacht Platino. Five crew members were sailing the multi-million dollar yacht Platino from Auckland to Fiji on Monday when foul weather tore down
The annual Shetland Race from Bergen will be at Lerwick from Thursday 23 to Saturday 25 June. 2016 marks the 30th annual race which started in 1987 – that first year with only one competitor actually making the trip but it still ranked as a qualifying race
As of September 2016, Hans Laheij will take over as Vice President Sales & Marketing at SCHOTTEL GmbH, assuming the responsibilities of Dr. Jens-Erk Bartels, who is retiring. Hans Laheij has extensive experience and expertise in the area of ship propulsion
C. Raymond Hunt Associates, a boat design firm that continues to expand on the legacy of its founder, C. Raymond Hunt, to produce innovative boats with rugged seaworthiness, is now celebrating its 50th year. “Ray Hunt was a genius
Inmarsat (LSE:ISAT.L), and Cobham SATCOM today announced that their partner Beijing Marine Communication & Navigation Company Ltd. (MCN) has won the largest Inmarsat Fleet Xpress installation project to date, with Nanjing Tanker Corporation of China
IMTRA announced today its new high-output LED searchlight – the Colorlight CLite2. The Colorlight CLite2LED Searchlightfrom IMTRA is the first compact, high-output LED searchlight that provides full movement on both the X- and Y-axis for unlimited rotation with no hard stops
Paul Smulders has been appointed CEO of Radio Holland, part of the RH Marine Group (formerly Imtech Marine). Smulders returns to Radio Holland where he started his career ashore in 1989 as sales engineer deepsea, after a career at sea as nautical officer
Elandra Yachts has added another layer of craftsmanship to its boat-building operation with the launch of a new in-house paint department at the Gold Coast plant, signalling further growth for the Australian luxury motor yacht brand. Renowned for the range of spectacular bronzed and golden hues
A North Korean coast guard ship has detained a Russian yacht with a crew of five people on board, Russia's Foreign Ministry said on Saturday, adding it had sent a note to Pyongyang demanding explanation for the cause of the detention.
A yacht with no one on board has been discovered in the ocean in Port Stephens in the Hunter, prompting fears a person may have fallen overboard, as per a report in SMH. The eight-metre yacht was spotted on Tuesday night drifting off Samurai Beach in the Hunter region
Afai Southern Shipyard (Panyu Guangzhou) Ltd. and CoCo Yachts B.V. announced that the second of the two new fast ferries, Hai Jing, was delivered to Zhuhai High Speed Ferry Company on April 22, 2016. During the sea trials a top speed of 38 knots at full load was measured.
Primeline Energy Holdings Inc. announces that it has sent a letter to China National Offshore Oil Corporation (CNOOC) and CNOOC China Limited (CCL) (together CNOOC Group) giving formal notice of its intention to commence arbitration proceedings against CNOOC Group under the provisions of the
Dubai plans to build a marina for luxury yachts in response to high demand as the emirate is targeting one million cruise passengers per year by 2020, said Sultan Ahmed bin Sulayem, Chairman and CEO of DP World and Chairman of Ports, Customs and Free Zone Corporation.
A skipper and his crew have been rescued from a life raft after their yacht - The Miracle - caught fire off the coast of Shetland, Scotland. According to a BBC report, nine people have been rescued after a yacht caught fire off Shetland
A containership is rerouting to assist three people aboard the battered yacht, Platino, 550 kilometers north of New Zealand, after a crewman was lost overboard and another died when hit by rigging yesterday morning. An RNZAF P3 Orion is already out searching again this morning for the man