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Industry

Patrick Coote, former MD Northrop & Johnson has joined MarineMax's superyacht division.

N&J’s Coote on ‘dream job’, US elections and carrots

opinion
Rob Hodgetts
21 Dec 23
0

His 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…

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Burgess’ Craven-Smith on painting, prospecting and the trials of a broker

opinion
Rob Hodgetts
14 Dec 23
0

His 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…

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Lürssen shipyard launches its Project Cosmos in Germany. Photo: Tom van Oosanen

Instability breeds uncertainty for markets

opinion
Rob Hodgetts
7 Dec 23
0

Financial 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…

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How serious is the superyacht industry about sustainability?

How serious is yachting about sustainability?

opinion
Rob Hodgetts
30 Nov 23
0

Just as turkeys are famously unlikely to vote for Christmas, so the superyacht industry is unlikely to downplay its progress in sustainability.  The mood music…

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Superyachts in Monaco.

6 brokers on headwinds facing the industry

opinion
Rob Hodgetts
22 Nov 23
0

The superyacht industry is used to weathering storms and even came out of the pandemic with increased forward momentum. But there are always headwinds on…

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Camper & Nicholsons have launched a corporate services division for superyacht owners.

Camper & Nicholsons launches corporate services division

news
Rob Hodgetts
16 Nov 23
0

Camper & Nicholsons has launched a corporate services team to help owners navigate the complex world of yacht ownership. Camper & Nicholsons Corporate Services, in…

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Superyacht sales are experiencing a shift in the mid-size market.

Sales market suffers hangover from triple cocktail

opinion
Rob Hodgetts
16 Nov 23
0

It’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…

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The Italian Sea Group (TISG) reported 25% increase in revenue in first nine months of 2023.

Italian Sea Group (TISG) rides wave of yacht demand

news
Fayaz Hussain
13 Nov 23
0

The 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…

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Chris Cecil-Wright founded Cecil Wright & Partners, superyacht brokers.

Cecil-Wright on the art of a broker

opinion
Rob Hodgetts
9 Nov 23
0

Money 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…

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Project Pegasus could revolutionise zero-emission sustainable superyachts.

‘Zero-emission’ Project Pegasus a step closer to reality

news
Rob Hodgetts
3 Nov 23
0

Revolutionary “zero-emission” concept yacht Project Pegasus is a step closer to reality after it was taken on as a construction opportunity with Denison. The 88m…

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Sustainability is one of the key issues facing the superyacht industry.

Bankers help fuel green revolution

opinion
Rob Hodgetts
2 Nov 23
0

Global 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…

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Superyacht Legend is a popular choice for Antarctica charters.

Charter market holds firm as ‘new generation’ seeks fresh horizons

opinion
Rob Hodgetts
25 Oct 23
0

The superyacht charter market appears to have held firm in the face of strengthening headwinds this year as a “new generation” of clients take the…

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Niels Vaessen will become the new CEO of Dutch shipyard Heesen.

Heesen appoints Vaessen as CEO

news
Rob Hodgetts
24 Oct 23
0

Dutch shipyard Heesen has appointed Niels Vaessen as its new CEO from November. Vaessen joined Heesen in 2012 as finance manager and moved to CFO…

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Columbus Atlantique 37.

Columbus Yachts sells first Atlantique 37

news
Rob Hodgetts
19 Oct 23
0

Columbus Yachts has sold its first 37m Atlantique which will be delivered to a European customer in 2025. This all-aluminium motor yacht will be built…

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Superyachts at the Monaco Yacht Show.

Why amped-up asking prices lead to ‘frustration’

news
Rob Hodgetts
17 Oct 23
0

Buyers 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,…

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Superyacht sales market: The 95m Kismet sold in September with an asking price of €149m euros.

Superyacht sales market: fizz subsides

opinion
Rob Hodgetts
11 Oct 23
0

If 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…

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VesselsValue is to leave the superyacht valuation market.

VesselsValue to leave superyacht valuation market

news
Rob Hodgetts
10 Oct 23
0

Ship 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…

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World's fastest private submarine set for delivery.

5.2 million euro private submarine set for delivery

news
Rob Hodgetts
3 Oct 23
0

A 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.…

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James Jaffa (left) and Ian Petts launch Jaffa Prive superyacht advisory service

Jaffa & Co launches Jaffa Privé to advise on superyachts

news
Rob Hodgetts
27 Sep 23
0

Law firm Jaffa & Co has launched Jaffa Privé to offer advisory services to  superyacht and business jet owners. The group, based in Mayfair, London,…

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Yacht fire: Irmao sinks off Formentera after blaze.

Yacht fire: Luxury vessel Irmao sinks off Spanish island

news
Mike Stones
14 Aug 23
0

The 90-ft (27.34m) luxury yacht Irmao has sunk off the Spanish Balearic Island of Formentera after a devastating  fire on Saturday, August 12th, confirms the…

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Latest news
MarineMax owns superyacht brands Fraser Yachts and Northrop & Johnson.

MarineMax refinances $1.49bn in credit facilities

1 July 2026
Leon Batchelor joins JB Capital Group.

Batchelor joins JB Capital Group as partner

19 June 2026

Wave Expandary buys stake in Camper & Nicholsons

1 June 2026
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