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
Heesen forecasts record revenue of €230m in 2024news Rob Hodgetts 25 Sep 24 0Heesen Yachts is forecasting a record revenue of €230m for the year with 12 yachts currently under construction, according to Niels Vaessen, CEO, speaking at the… Read more
Class societies launch safety and environment consortiumnews Rob Hodgetts 25 Sep 24 0A group of leading global class societies launched the Yacht Safety and Environmental Consortium (YSEC) for commercial and pleasure yachts over 24m at the Monaco… Read more
Azimut|Benetti backlog rises to €2.6bnnews Rob Hodgetts 13 Sep 24 0Avigliana-based luxury yachts developer Azimut|Benetti Group announced its financial results for the financial year 2023-2024 reporting revenues of €1.3bn, a 55% increase over the past… Read more
The Cannes Complex: Easy as A, B, Copinion Rob Hodgetts 9 Sep 24 0Noted wit Groucho Marx once said he doesn’t want to belong to any club that would have him as a member. The same logic pervades… Read more
Bayesian: ‘One minute the vessel was there, the next it was gone’news Mike Stones 20 Aug 24 0The search for survivors is continuing after the luxury yacht Bayesian, capsized in a storm off Sicily on Monday. Matthew Schanck, chairperson, Maritime Search and… Read more
CEO chat: Fraser’s Kurten on impact, goals & leadershipopinion Rob Hodgetts 2 Aug 24 0Anders Kurten describes himself as a “pathological optimist” whose role is to “nurture and protect the trust” of his people and clients. He became CEO, Fraser Yachts in… Read more
Coote to help MarineMax superyacht brands flourishnews Rob Hodgetts 29 Jul 24 0Like a gardener encouraging different flowers to bloom at their best, Patrick Coote will look to nurture the various superyacht brands of MarineMax after leaving… 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
Antigua happy to remove ‘major liability’ with sale of Alfa Neronews Rob Hodgetts 26 Jul 24 0Antigua officials insist they took the “best price they could” to remove a “major liability” with the $40m sale of abandoned superyacht Alfa Nero. The… Read more
Leading shipyards of Turkeydirectory Rob Hodgetts 22 Jul 24 0A guide to the best shipyards in Turkey for building and refitting superyachts. Akyacht Notable yachts: Victorious, 85m, 2021 Alia Yachts Aegean Yacht Ares Yachts… Read more
The ‘$1bn marina’ hoping to address an ‘acute crisis’opinion Rob Hodgetts 19 Jul 24 0He describes it as a “billion-dollar plus” project but Ra’anan Ben-Zur insists the “overwhelming” demand for his planned Habacoa superyacht marina in the Bahamas will answer an “acute crisis”.… Read more
‘I wasn’t a great yacht broker’ – Bob Denisonopinion Rob Hodgetts 15 Jul 24 0He was a reluctant yacht broker, but his father insisted. He quickly realised he wasn’t much good at it either, despite an illustrious yachting name.… Read more
Island Capital bids on MarineMax yachting, marina businessnews Fayaz Hussain 10 Jul 24 0Private equity firm Island Capital Group (ICG) has offered to acquire the MarineMax yachting and marine business for $480m. “We propose acquiring the YMRS assets… Read more
‘The word yacht management is completely misunderstood’opinion Rob Hodgetts 8 Jul 24 0The world of yacht management needs an overhaul to better educate owners and ensure the experience matches their dreams, according to a panel of industry… Read more
Goldsworthy: ‘I thought I’d been absolutely brilliant’opinion Rob Hodgetts 5 Jul 24 0He thought yacht broking was an “absolute doddle”. It had to be. Four months in the game and he had already landed his first sale,… Read more
Lurssen fire update: Shipyard blaze put out in Germanynews Rob Hodgetts 2 Jul 24 0Firefighters have put out the major fire which broke out on Tuesday at a Lürssen shipyard in Rendsburg, Germany. The blaze engulfed a hall containing… 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
