Abramovich tale fires warning to gamers of the systemopinion Rob Hodgetts 6 Feb 25 0Revelations into alleged attempts by Roman Abramovich to dodge tax due on his fleet of superyachts could be causing quiet alarm and sending out shockwaves… 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
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
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
MarineMax beats revenue estimates in 3Qnews Rob Hodgetts 26 Jul 24 0MarineMax, the world’s largest recreational boat, yacht and superyacht services company, reported financial results for the third fiscal quarter of 2024, posting revenue of $757.7m,… Read more
Monaco added to anti-money laundering ‘grey list’news Rob Hodgetts 28 Jun 24 0Monaco has been added to the anti-money laundering “grey list” of countries subject to increased monitoring. The principality is deemed to have “strategic deficiencies” in… Read more
Feeling the fear, doing it anyway – Ikonic risesopinion Rob Hodgetts 21 Jun 24 0Clambering over the guard rail of the Perrine bridge 500ft above the Snake River, every nerve ending screamed at him not to do it. This… Read more
IYC links up with Bitcashier as crypto partnernews Rob Hodgetts 11 Jun 24 0Brokerage house IYC has partnered with crypto payment company Bitcashier to offer sales and charter clients a straightforward digital currency solution. The link-up will provide… Read more
Bankers spy ‘green shoots’ for yacht financeopinion Rob Hodgetts 3 Jun 24 0Yacht finance has come through a “bumpy” period but there are “green shoots” of recovery according to bankers speaking on a panel at Superyacht Investor… Read more
Ferretti Group backlog grows to €1.6bnnews Fayaz Hussain 17 May 24 0Italian luxury yacht manufacturer Ferretti Group announced first quarter financial results reporting an 11.7% year-over-year growth in revenues to €313m. Segment-wise breakdown showed composite yachts… Read more
WATCH: ‘Dealing with yard insolvency mid-build’video Rob Hodgetts 15 May 24 0Legal experts discuss what happens when yard insolvency occurs mid-build. Read more
WATCH: ‘Will crypto be king in yachting?’video Rob Hodgetts 15 May 24 0Crypto experts discuss the impact and reach of digital currency on yachting transactions. Read more
WATCH: ‘Future prospects for yacht finance’video Rob Hodgetts 15 May 24 0Financiers discuss the landscape for yacht finance and examine where there are gaps in the market. Read more
WATCH: ‘How to value a superyacht’video Rob Hodgetts 15 May 24 0Bankers and brokers discuss the variables involved in putting a value on a superyacht. Read more
McCartney’s ticket to ride brings breakfast with movie staropinion Rob Hodgetts 19 Apr 24 0He’s no stranger to the uber rich but even Vincent McCartney was starstruck when he was invited to have breakfast with a movie legend. McCartney,… 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
Camper & Nicholsons launches corporate services divisionnews Rob Hodgetts 16 Nov 23 0Camper & Nicholsons has launched a corporate services team to help owners navigate the complex world of yacht ownership. Camper & Nicholsons Corporate Services, in… Read more
Italian Sea Group (TISG) rides wave of yacht demandnews Fayaz Hussain 13 Nov 23 0The Italian Sea Group (TISG), a global leader in the yachting industry, reported a 25% year-on-year (YoY) increase in revenue for the first nine months… 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
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
