Alfa sells, with asking price of €67mnews Rob Hodgetts 15 Feb 24 0Award-winning superyacht Alfa has been sold and will be managed and chartered by Ocean Independence. The 70-metre Benetti, built in 2020, was sold by Vassilis… Read more
Sanlorenzo results chart steady course in 2023 as revenue risesnews Rob Hodgetts 12 Feb 24 0Italian yacht builder Sanlorenzo delivered impressive year-end results for 2023, propelled by double-digit revenue growth and surging profitability. “The performance of the year is substantiated… Read more
Relationships, time & playing the long gameopinion Rob Hodgetts 2 Feb 24 0Time in the market, not timing the market is the old investment adage but it could equally apply to building relationships in the superyacht world.… Read more
IYC’s Sauleau on ultra running and the art of the CEOopinion Rob Hodgetts 26 Jan 24 0Endurance athletes need a goal, a plan, discipline and determination, and the flexibility to react to hardship along the way. The same is true of… Read more
MarineMax results underwhelm as margins shrinknews Rob Hodgetts 26 Jan 24 0MarineMax reported earnings per share (EPS) of $0.19 for the first quarter of 2024 compared with $1.24 from a year ago, lower than expectations. The… Read more
Sales market predictions for 2024opinion Rob Hodgetts 18 Jan 24 0It’s mid-January and the year is steaming ahead at pace, but the consensus among superyacht brokers is that the sales market will settle back to… Read more
Christie on the art of a deal, slow burns & bear marketsopinion Rob Hodgetts 11 Jan 24 0For a man who hates losing, broker Will Christie is in no rush to sell you a yacht. The Briton has been busy since setting… Read more
N&J’s Coote on ‘dream job’, US elections and carrotsopinion Rob Hodgetts 21 Dec 23 0His schoolfriends stuck pictures of Pamela Anderson or Harley-Davidson motorcycles on their bedroom walls, but Patrick Coote only had eyes for superyachts. A trip to… Read more
Burgess’ Craven-Smith on painting, prospecting and the trials of a brokeropinion Rob Hodgetts 14 Dec 23 0His love of procedure made Henry Craven-Smith lay newspaper on the chalet floor before painting. That’s when he saw it. The cryptic advert that changed… Read more
Instability breeds uncertainty for marketsopinion Rob Hodgetts 7 Dec 23 0Financial markets might be looking forward to a Santa rally but global instability continues to cast an air of caution over the superyacht industry. War in… Read more
How serious is yachting about sustainability?opinion Rob Hodgetts 30 Nov 23 0Just as turkeys are famously unlikely to vote for Christmas, so the superyacht industry is unlikely to downplay its progress in sustainability. The mood music… Read more
6 brokers on headwinds facing the industryopinion Rob Hodgetts 22 Nov 23 0The superyacht industry is used to weathering storms and even came out of the pandemic with increased forward momentum. But there are always headwinds on… Read more
Sales market suffers hangover from triple cocktailopinion Rob Hodgetts 16 Nov 23 0It’s a potent cocktail and is making the superyacht sales market a touch dazed and confused. The triple mixture of post-Covid party comedown, inflation and… Read more
Cecil-Wright on the art of a brokeropinion Rob Hodgetts 9 Nov 23 0Money is a useful by-product of selling a superyacht, but broker Chris Cecil-Wright insists he is driven more by a “psychological” need for acceptance and to make… Read more
Bankers help fuel green revolutionopinion Rob Hodgetts 2 Nov 23 0Global warming is a hot topic. And a quick straw poll across superyacht sectors tells you sustainability remains at the forefront of many people’s thinking… Read more
Charter market holds firm as ‘new generation’ seeks fresh horizonsopinion Rob Hodgetts 25 Oct 23 0The superyacht charter market appears to have held firm in the face of strengthening headwinds this year as a “new generation” of clients take the… Read more
Why amped-up asking prices lead to ‘frustration’news Rob Hodgetts 17 Oct 23 0Buyers and sellers have always danced to different tunes but amped-up asking prices are risking stagnation in the superyacht market, according to Will Christie, CEO,… Read more
Superyacht sales market: fizz subsidesopinion Rob Hodgetts 11 Oct 23 0If the superyacht sales market is a bottle of vintage Champagne, then the bubbles are settling after the shake-up of the Covid era and a… Read more
VesselsValue to leave superyacht valuation marketnews Rob Hodgetts 10 Oct 23 0Ship valuation and market intelligence company VesselsValue will cease operating in the superyacht space in 2024, the firm has announced. UK-based VesselsValue, which provides independent… Read more
5.2 million euro private submarine set for deliverynews Rob Hodgetts 3 Oct 23 0A 5.2 million euro submarine, dubbed the world’s fastest private submersible, will be delivered to its owner in late 2023, according to manufacturer U-Boat Worx.… Read more
