Marine link
 

Yacht Sale

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.


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


IMTRA Acquires Custom Product Sales Talent

Prentice Weathers

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


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


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


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.


Amsterdam Port Partners with HISWA Holland Yachting Group

Photo: Port of Amsterdam

 Port of Amsterdam officially joined the HISWA Holland Yachting Group as a partner on, presenting itself as a new partner to the members during the annual HISWA summer event.    The event was held on the wharf of yacht manufacturer Royal van Lent (Feadship) on the Kaag waterway


New CEO at the Helm of Crystal Cruises

Tom Wolber (Photo: Crystal Cruises)

Genting Hong Kong appointed travel industry veteran Tom Wolber as President and CEO of Crystal Cruises, effective September 15.   Wolber brings to the role over three decades of experience in general management, operations, newbuild construction and business development


Scorpio Tankers Updates on Fleet Status

Photo: Scorpio Tankers Inc

Scorpio Tankers sold and leased back, on a bareboat basis, three 2013 built MR product tankers, STI Beryl, STI Le Rocher and STI Larvotto to Bank of Communications Financial Leasing in April 2017.   The sales price was $29 million per vessel and the company bareboat chartered-in the vessels


Michelsson to Join Evac

Tomas Michelsson (Photo: Evac)

Waste, wastewater and water management systems provider Evac has appointed Tomas Michelsson as the President, Offshore and Merchant business area, effective January 8, 2018.   Michelsson will replace the former President, Claes Rudling, who has retired during the summer.   


Rickmers to Sell its Last 9 Vessels to Navios

File photo: Rickmers Maritime

 HSH syndicate, comprising HSH Nordbank and DBS Bank, has approved the sale of the remaining nine of 14 vessels of Singapore-based Rickmers Trust Management for some $54 million to Navios Partners Containers and Navios Partners Containers Finance.


James Troop Celebrates 150th Anniversary

L-R Robert Pollock, Bob Troop and Derek Bate in Coburg Dock (Photo: James Troop)

Liverpool diesel-engine sales and maintenance specialists James Troop & Co is celebrating its landmark 150th anniversary with a surge in new business and export sales.   The family-run company based in Runcorn is one of Liverpool’s longest-standing maritime and industrial


VMAG Rolls Out its Marine Refit and New Build Department

Photo supplied by Voyager Maritime Alliance Group (VMAG)

 Voyager Maritime Alliance Group (VMAG) , one of the leading marine technology providers in South Florida, is expanding its already comprehensive list of services by adding turnkey marine services that now encompass the entire refit and new build process.   


MV WERFTEN Delivers Its First Newbuild

© MV WERFTEN

Shipbuilder MV WERFTEN has completed its first newbuild project, having today delivered Crystal Bach, the first of four new Rhine Class luxury river cruise vessels for Crystal River Cruises.   Designed specifically for river cruising in Europe, the 135-meter-long and 11


25th Anniversary of the Destriero’s Record Atlantic Crossing

25th Anniversary of the Destriero’s Record Atlantic Crossing   On August 9, 1992 – 25 years ago today – the motor yacht Destriero set the record for the fastest Atlantic crossing, a record that remains unbeaten to this day.  


MAN Engines Expands Sales & Service Network

(Photo: MAN Engines)

MAN Engines said it is expanding its sales and service network for marine engines with bases in the U.K., Poland, Sweden and Chile. These partnerships will build on existing commercial ties between the service companies and MAN Engines, some of which go back decades.  


Bay Ship and Yacht to Perform Maintenance on Balclutha

Bay Ship & Yacht has been chosen for the third time to perform maintenance on the 131-year-old historic ship, Balclutha. (Photo: Business Wire)

Bay Ship and Yacht Co. has announced it has once again been honored with the contract to perform maintenance on the historic sailing ship Balclutha. This is the third time the reputable ship yard has been chosen to perform much-needed detailed maintenance on the 131-year-old ship


MAN Engines for the Latest Riviera Luxury Yacht

The strongest version of the twin engine system for the 68 Sports Motor Yacht produces 3,800 hp (2,794 kW). (© Riviera)

Riviera 68 Sports Motor Yacht to be powered by MAN V12 engines.   Australian yacht builder Riviera Yachts is equipping its new 68 and 72 Sports Motor Yacht models with V12 diesel engines from MAN Engines. Customers have the choice of the V12-1550 or V12-1800 models


APM Terminals Sells Paranagua Port Stake

Photo: Terminal de Contêineres de Paranaguá

 APM Terminals announced the sale of its 5% share in Terminal de Contêineres de Paranaguá (TCP) to China Merchants Port Holdings.    The share sale was initiated and led by Advent, who is the controlling shareholder of TCP


ABB to Power the ‘Anti-cruise Ship’

(Image: ABB)

ABB will provide the power and propulsion for the first in a series of vessels that mark Ritz Carlton’s first foray into the maritime sector. The 190-meter long vessel has been dubbed the “anti-cruise ship” because it can accommodate just 298 passengers and is aimed at providing


DMA Approves Tests Providers for Yachtsmen

Photo: Danish Maritime Authority

 Currently, the Danish Maritime Authority is in the process of approving test providers and issuers of certificates for yachtsmen.  ​The approval is made in accordance with new regulations that entered into force earlier this year






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright