CIMC Pride Mega Yachts Announce Sale of 'Illusion'

By Joseph R. Fonseca
Monday, August 04, 2014
Courtesy Superyacht shipyard Pride Mega Yachts

 

Pride Mega Yachts is proud to announce the sale of the 88.8-meter Illusion. The sale of this sophisticated six-deck mega yacht proves Pride's unique position as an established, competitive and accomplished player in the world's mega yacht market.
 
According to Pride Mega Yachts spokesman, “The success of such a significant sale is the proof that the superyacht industry is buoyant and that sales of large yachts are flourishing once again. I believe the sale is another sign that the market as a whole is doing very well. The interest from potential buyers is on the rise, particularly for large mega yachts, evident by the increased number of inquiries. Meanwhile, we are delighted that the buyer of Illusion is so experienced and passionate about yachting, allowing him to appreciate Illusion’s unique qualities even before her launch”
 
The largest yacht ever built in China, Illusion, showcases the ambitious shipyard’s focus on innovation and outstanding craftsmanship. With an impressive interior volume of 3,603 gross tons and a 15.8-meter beam, Illusion’s spacious design has been further enhanced by the use of fine woods, rare natural stone and metals. The yacht was designed by the esteemed Azure Naval Architect, with exterior styling by Rainsford Saunders Design and the interior design developed by the well-respected Sinot Exclusive Yacht Design. Driven by state-of-the-art Rolls Royce diesel-electric-propulsion, motion and system control, Illusion will be ready for delivery in October 2015.
 
The spokesman continued, “Illusion is the third superyacht over 85M that has been constructed by the shipyard. Illusion demonstrates that Pride Mega Yachts can create superior-quality yachts of the highest standards. This showpiece, one-of-a-kind yacht represents our dedication and continued ambition in pursuing and discovering new ideas in the development of high-end superyachts. The sale of Illusion demonstrates that Pride Mega Yachts is able to build the largest and highest quality superyachts, meeting the high standards of this demanding market.”
 

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Larger Tankers May Offer Better Return Chances

Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an

Vessels

Damen Outfitting First of Nine Bahamas Patrol Boats

The first of nine Damen Stan Patrol 3007s ordered by the Royal Bahamas Defense Force has arrived at Damen Shipyards Gorinchem in the Netherlands for outfitting.

MARAD Publishes US ATB, ITB Database

The U.S. Maritime Administration (MARAD) released what it is calling a first-of-its-kind public database that chronicles U.S.-flagged, privately owned domestic

New Chinese Shipyard Launches First Ship

The new shipyard facility of Honghua Offshore Oil & Gas Equipment Company in Jiangsu, China, has launched its first ship, an IMT982 Platform Supply Vessel. The vessel,

Yachts

US Obamacare Impacts the Global Marine Industry

The Affordable Care Act (ACA), otherwise known as Obamacare, the recent healthcare plan in the United States, is affecting the international superyacht industry,

Even 'Small' Vessels are Getting Bigger

The Shipowners’ Club is a mutual provider of P&I insurance that has throughout its 160 year history been dedicated to serving owners of small and specialist ships.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Salvage Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2304 sec (4 req/sec)