Brokers on ‘two-speed market’, resilience and straight talkingopinion Rob Hodgetts 28 Jan 25 0The superyacht market is much like a chocolate orange; it is all about the segments. But in yachting’s case, the segments can be very different.… Read more
US yacht brokers defeat inflated commission lawsuitnews Rob Hodgetts 23 Jan 25 0A Florida judge has thrown out a class action lawsuit in which the International Yacht Brokers Association (IYBA) and other brokerages were accused of inflating… Read more
Dynamiq disrupting with ‘top technology for great price’opinion Rob Hodgetts 20 Jan 25 0He likens it to trying to win English football’s Premier League. You need a blend of top players from a host of nations to excel.… Read more
Phi appeal verdict due in six weeksnews Rob Hodgetts 17 Jan 25 0The verdict on detained superyacht Phi will be delivered in about six weeks after the latest appeal was heard for the 58m Royal Huisman moored… Read more
Dunya: King Benji builder rides Turkish waveopinion Rob Hodgetts 9 Jan 25 0It would be easy to jump on the groundswell of goodwill lifting Turkish yachting, but Dunya Yachts is selective about which wave to catch. The… Read more
Edmiston: ‘Does this make the car go faster?’opinion Rob Hodgetts 9 Dec 24 0“Does this make the car go faster?” It’s simple, straight to the point and a question Jamie Edmiston often asks, although he tweaks it. The chief… Read more
‘Trump bump’ boosts US yacht-timismopinion Rob Hodgetts 2 Dec 24 0Wall Street’s ‘Trump bump’ in the wake of Donald Trump’s presidential election win is showing signs of spreading to yachting, according to Raphael Sauleau, CEO,… Read more
Cantiere delle Marche aims to beat Stairway to Heavenopinion Rob Hodgetts 26 Nov 24 0Losing the family fortune could lead to ruin for some, but Vasco Buonpensiere says he is thankful for it. His family was wealthy and privileged,… Read more
Sunseeker fined over £350,000 for ‘blood’ teak importsnews Rob Hodgetts 25 Nov 24 0Yacht maker Sunseeker International Limited has been fined more than £350,000 after breaking import laws for exotic timber such as teak. The Poole, UK-based company… Read more
Prospecting for white gold in Aspenopinion Rob Hodgetts 15 Nov 24 0He knew he was on to a good thing when one of his brokers got chatting to someone in a restaurant while waiting to pick… Read more
The Italian Sea Group (TISG) profits jump 54%YoYnews Fayaz Hussain 13 Nov 24 0The Italian Sea Group’s (TISG) reported financial results for the third quarter wherein it posted a strong upward trend as operating revenues clocked in at… Read more
Ferretti scores record backlog, revenues rise 3.8%YoYnews Fayaz Hussain 13 Nov 24 0Net revenue from new yacht sales by Ferretti increased 3.8% year-over-year to €865.3m in the first nine months of 2024, according to financial information released… Read more
Why ‘cherry picking’ is on the horizon for insurersopinion Rob Hodgetts 12 Nov 24 0Superyacht incidents of fire, groundings and sinkings were a narrative of this northern hemisphere summer causing speculation that insurance premiums will skyrocket next year. A… Read more
Bayesian: TISG reiterates ‘unsinkability’, takes legal actionnews Rob Hodgetts 7 Nov 24 0The Italian Sea Group (TISG) has reiterated the “unsinkability” of the Bayesian and is to take legal action against the New York Times for an… Read more
Abeking & Rasmussen: The ’boutique’ yard on ‘full power’opinion Rob Hodgetts 31 Oct 24 0It sounds like the first line of a joke: “What starts with the management and ends with the welder?” But for Björn Benecke, sales manager… Read more
MarineMax reports lower Q4 earnings, issues cautious outlooknews Fayaz Hussain 31 Oct 24 0Florida-based recreational boat and yacht retailer MarineMax reported its fourth-quarter revenue decreased by 5% to $563.1m, down from $594.6m in the same period of the… Read more
How candid calls got ‘job done’ for brokersopinion Rob Hodgetts 23 Oct 24 0As a snapshot of life as a yacht broker it told a good story. Several unanswered calls, multiple messages left and then eventually the pick-up.… Read more
N&J appoints Young as Europe chiefnews Rob Hodgetts 22 Oct 24 0Global yacht brokerage Northrop & Johnson has appointed Ben Young as commercial director Europe. Young, who was founder and commercial director of SYM (now Fairport… Read more
Why ‘old war horses’ need to ‘wake up’ to cryptoopinion Rob Hodgetts 17 Oct 24 0Yacht companies need to “wake up and address” a growing tide of clients keen to use crypto for sales and charter transactions, according to Giles… Read more
Kicking fenders amid Monaco madnessopinion Rob Hodgetts 1 Oct 24 0Chatting on the saloon deck of Kismet, Chris Cecil-Wright’s eyes crease into a smile. Not at the sight of the drizzle dampening the Monaco air, but… Read more
