Yacht Brokerage News

Vesselbay.com went live in 2019 with the launch of an online sales platform for vessels, a platform designed to ensure efficient sales processes.Vesselbay.com aims to bring together buyers and sellers of vessels, invisible to the eyes of third parties, on an international scale. It works as follows: 1] A private or business vendor advertises a yacht or ship on Vesselbay.com.2]  A potential buyer makes an invisible, provisional bid for the vessel online via the Vesselbay.com website or app. 3] The seller is then able to accept the bid or reject it and in return make a counter offer.

At a special press event held at the Palm Beach International Boat Show, MarineMax announced today that they are expanding into yacht management, crew placement and charter of luxury megayachts. Bob Saxon Associates, has joined MarineMax as part of the new endeavor that will be headquartered at the MarineMax Yacht Center in Pompano Beach, Florida. “We are excited to announce this strategic initiative,” offered Bill McGill, MarineMax President and CEO. “Bob Saxon Associates is a natural fit for MarineMax, expanding the breadth of our offerings into the rarefied sector of yacht management. With over 35 years of experience, Bob is well known and highly respected as an early innovator and is considered by many to be the patriarch of the yacht management industry.

Webb Institute, a four-year college specializing in naval architecture and marine engineering, announced the 2014-2015 recipients of Crowley Maritime Corp.’s Thomas B. Crowley, Sr. Memorial Scholarship today. The school’s scholarship selection committee chose Erin McElroy, of Groton, Mass., and Brian Mills, Sanford, N.C., for their remarkable leadership qualities, academic excellence and an unprecedented commitment to the maritime industry. As chairman for both the social committee and Women of Webb, McElroy, (Class of 2015), is an active member of the school community.

BYS, a Burger Company, has introduced its new website which includes yacht descriptions, detailed specifications, image galleries, and videos. According to the new web site BYS, located in Fort Lauderdale, Florida, serves yacht brokerage and charter clients worldwide. Absolute professionalism and discretion are assured when working with a BYS associate. A full array of new yacht construction and brokerage vessels are available through BYS and its brokers are astute, knowledgeable and work on the client’s behalf at all times.

Burger Boat Company, celebrating its 150th anniversary, announce the appointment of Thom Conboy as its Commercial Director. As Commercial Director, Thom will be working closely with the shipyard in Manitowoc, WI to secure new construction, refit and repair projects as well as heading its yacht brokerage and charter division at Burger Yacht Sales. Thom's yachting career spans over 30 years. He is an avid sailor and held positions as captain, project manager, yacht builder, shipyard owner and superyacht broker.

YachtX, Inc. launch the boating industry's first online yacht exchange. YachtX.com removes the obstacles that have inhibited owner-managed selling of high value boats and yachts – rendering the expense of commission-based yacht brokerage obsolete. Selling a boat is a specialized process. Until now, boaters have had only two choices when selling their prized possession: hire a yacht brokerage or sell entirely on their own. Yacht brokerage comes at the expense of seller control and, of course, a large commission (typically 10% of the sales price). For boaters wishing to influence their sales outcome and preserve equity by selling on their own, support services beyond basic advertising web sites have simply not existed.

Fort Lauderdale-based luxury yacht brokerage firm 26 North Yachts recently launched an upgraded website that the company beliieves sets a higher standard for luxury yacht sales and purchase. Stated to be comprehensive in its scope and coverage, 26NorthYachts.com provides extensive information and reviews on over 80 luxury yacht manufacturers, in addition to yacht reviews and comparisons. Employing the latest web technologies, 26NorthYachts.com also offers engaging podcasts and videos to review and showcase previously owned yachts for sale—all in a format easily accessed through mobile devices. Arming buyers and sellers with up-to-date information they require, the site provides strategy guides and market analyses, unique to the user's position in a deal.

Fort Lauderdale, Fla., and Marina Del Ray, Calif. - Denison Yacht Sales, a full-service global yacht brokerage and yacht charter firm, recently hired eight new yacht brokers and a charter fleet manager. The new hires will expand the company's presence at its Florida and California offices. Joining the Fort Lauderdale brokerage are Skip Denison, Juan Pasch, Peter Quintal, and Gene Echols. Pasch will specifically be assisting in the sale of new Beneteau G.T.'s. New brokers to the California location include Dave Millett, Rick Peters, John Zagorski and Ed Gillespie.

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. “The show was a tremendous success this year,” said Andrew Doole, senior vice president and COO of Show Management.

Industry Leader Continues Strategic Path of Growth. Denison Yacht Sales is pleased to announce its acquisition of Generation Marine, a Fort Lauderdale-based yacht brokerage and service company. Generation Marine's reputation in the trawler and explorer yacht categories helps strengthen Denison's position in this segment of the yachting market. "We feel strongly that the trawler and expedition markets will continue their steady growth," said Bob Denison, owner of Denison Yacht Sales.

Curtis Stokes & Associates has announced the addition of a new sales associate, Bill Nelson, which brings the international yacht brokerage company to a team of six professionals who represent the company’s brokerage inventory and customer relations worldwide. Bill Nelson has over 35 years of experience in the marine industry and has most recently managed his own marine consultants company which provides consultants in the areas of yacht brokerage, new construction and marine surveyors. He is joining Curtis Stokes & Associates because of the opportunity to reach a broader client base where he can apply his expertise in all facets of brokerage, management and cruising.

Carol Reid has joined Kvichak Marine Industries, Inc. as their Marketing Services Manager.  In her position she is responsible for all company related marketing, promotional and advertising functions. Prior to accepting the position she was in sales and marketing at Swiftsure Yachts, a premier full service yacht brokerage in Seattle, Wa.  In addition to a lifelong involvement in boating, Carol brings to Kvichak over eight years of direct experience in the marine industry.

Bradford Marine, Inc. (Bradford Marine) announced that they have expanded their line of services with the formation of a new subsidiary, Bradford Marine Group, Inc. (Bradford Marine Group). The Bradford Marine Group will significantly add to Bradford Marine’s ability to provide a full line of quality yacht services from their shipyard in Ft. Lauderdale. Bradford Marine Group will provide consulting services to yacht owners, their Captains and crews. Technical services such as naval architecture, project management (including new construction), vessel class compliance, certification compliance, vessel security plans and yacht brokerage (through Bradford Marine Group’s division, BMG Yacht & Ship Brokers) is some of the new features provided.