Superyacht Investor London 2017 Live
Welcome to our coverage of Superyacht Investor London 2017.
Here we will be bringing you highlights from the conference live from the Royal Horseguards Hotel.
You can also email us on [email protected] with any questions that you may have. We can’t promise that we will be able to get them answered, but we will try our hardest.
Here is a link to our Twitter profile if you want to catch live updates.
Here are some of the pictures from day one of Supeyacht Investor London 2017, click through to see the pictures below:
Day 2:
4:15
Many thanks to @HolmanFenwick and The Marshall Islands Registry again for sponsoring the event #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
4:14
And that's it, Al is giving the closing remarks! Thank you to everyone who attended and followed the tweets #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
4:12
Top tips for buyers at #SYI2017 hire a good broker!
— Superyacht Investor (@SYInvestor) May 4, 2017
3:58
Lawyers are mostly dealmakers, not dealbreakers #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
3:44
Overwhelming positivity – 84% of delegates are optimistic about yacht sales over the next two years #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
3:40
Everything is unique, every asset and every buyer. It's truly what sets the yacht industry apart #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
3:30
And now we reach our final presentation 'Selling yachts in 2017' #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
3:26
The depreciation on truly unique and iconic yachts are horrific.Why pay for what someone else wants when you can get what you want? #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
3:13
"Every yard worth their salt should be offering a good warranty" – Richie Blake @DohleYachts #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
3:04
71% of delegates think that yards do a good job supporting fleets #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
2:56
We are back from lunch and sitting down with Richie Blake from Dohle and Karin Paggi from Customline to talk fleet support #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
1:28
58% of people think that humans will always be involved in the chartering process #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
1:17
"Brexit will have an impact on UK yachting but it remains a strong business, chartering won't change" #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
1:00
Our younger .com customers are looking mostly at good value for money yachts #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
12:43
The delegates have spoken, 44% think that MYBA causes deals to fail fairly often, 38% think its very rarely #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
12:30
"You should keep the deal as simple as possible, a standardised contract across the EU and US would be a great final goal" #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
12:10
"MYBA inadequately protects buyers, sellers and brokers" – Bob Allen, Robert Allen Law #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
11:30
Thanks to Paul Cook and Andreas Iseli for a fascinating panel, now we are off for our morning coffee break. #SYI2017 pic.twitter.com/7ZI9jps4sd
— Superyacht Investor (@SYInvestor) May 4, 2017
11:13
Paul Cook, One Ocean Port Vell says that owners are spending more time in marinas #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
10:45
50% of delegates have no experience with IP rights. 9% answer: “What are IP rights?” #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
10:11
What is the secret of good management? Good captains, managing expectations and motivation #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
10::10
71% of people agree that management has improved the running of yachts #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
10:05
The panel (of yacht managers) unanimously agree that manager salaries are too low. #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
9:53
The panel thinks there is more to solving the crew crisis than just paying them more, motivation and training are key factors #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
9:47
“The whole thing is driven by the crews demands, there isn’t a management company who has it all under control” #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
9:43
Business is good across the board for our first panellists #SYI2017 pic.twitter.com/DnvoFw8DHD
— Superyacht Investor (@SYInvestor) May 4, 2017
9:39
We are kicking of today with our panel ‘The art of yacht management: simplifying ownership’ #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
9:38
Good morning everyone! We are back with day two of Superyacht Investor London 2017. #SYI2017
— Superyacht Investor (@SYInvestor) May 4, 2017
Day 1:
9:07
Welcome Superyacht Investor London 2017! Opening remarks by Al Whyte and hfw’s Jay Tooker will begin shortly. pic.twitter.com/bpv1JsUYsQ
— Superyacht Investor (@SYInvestor) May 3, 2017
9.32:
63% of our delegates are “Fairly optimistic about the superyacht market in 2017. Only 6% are pessimistic. #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
9.36
We are kicking off with Jay Tooker from @HolmanFenwick saying “Brexit will not effect the industry a great deal” #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
9:56
“The problem is not too many shipyards, it is what they offer.” Vasco Buonpensiere, @SYInvestor Cantiere delle Marche #exploreryacht
— Superyacht Investor (@SYInvestor) May 3, 2017
9.59
#SYI2017 pic.twitter.com/OKX8cewuse
— Superyacht Investor (@SYInvestor) May 3, 2017
10.12
62% of delegates think that shipyards need more regulation. #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
10.18
83% of delegates believe that there is a shortage of good crew #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
10:39
68% of delegates don’t think that lawyers negatively effect the buying process (Most of these votes are probably from lawyers) #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
10:44
America, Australia and Europe are markets to look out for going forward #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
11:38
Olivier Blanchet, BNP Paribas says: “We need to improve the image of yachts and attract new clients” #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
11:45
44% of delegates think that banks can be fussy on all aspects of a deal #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
11:47
Finance brokers “make a lot of sense”. However there shouldn’t necessarily be more of them #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
12.00
56% of delegates think that a larger regulatory framework would result in a higher quality of service and happier customers #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
12:14
“Clients are not willing to pay additional margin to compensate for risk on pre-owned assets” #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
12:18
High diversification will remain unchanged and owners do not want to pay more for financing – 61% of delegates agree. #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
12:25
80% think banks add “Liquidity and additional security for maritime providers” to the industry, 20% think they add “nothing” #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
12:53
Its a close split. 38% of people think that Trump is good for Yachting, 35% say they don’t know and 27% say he is not. #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
2:33
75% of delegates think that yachts are a high risk target for cybercrime #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
2:40
75% of delegates think that yachts are a high risk target for cybercrime #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
2:52
Our client base is wealthy and high profile, they are very susceptible to cyber ransom attacks #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
3:11
“I believe that collaboration will answer what a yacht will look like 30 years from now” #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
3:43
Thanks to @HolmanFenwick for the awesome cakes. #SYI2017 pic.twitter.com/rsi1m7Dh1t
— Superyacht Investor (@SYInvestor) May 3, 2017
4:03
Next up is a panel hosted by Olivier Blanchet from @BNPParibas that asks the question “What is my yacht worth?” #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
4:12
“We hope that increased transparency can help with yacht sales” – Dennis Causier, VesselsValue #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
4:19
In perhaps the most telling poll of the evening, 78% of delegates think that valuing a yacht is an art, not a science. #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
4:23
When asked whether they are confident about yacht valuations, 57% of people say that they aren’t and neither is anyone else. #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
4:39
After hearing what the panel has to say, the number of people who are confident about yacht valuations has dropped to 25% #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
4:42
We are now onto our final panel for the first day of Superyacht Investor London 2017 – “A view from other markets” #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
4:47
“In the art and yacht world, you guys get away with murder when valuing compared to the private jet world” – Steve Varsano, The Jet Business
— Superyacht Investor (@SYInvestor) May 3, 2017
5:01
61% of delegates said they would prefer to switch to the private art market if they had to choose between art, helicopters and jets #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
5:06
“100% of my business jet clients are also chartering or buying yachts” – Steve Varsano @thejetbusiness #SYI2017
— Superyacht Investor (@SYInvestor) May 3, 2017
5:11
“If there is one thing we could take from the yacht market it be the quality of completions and after sale services” – Nigel Watson, Luviair
— Superyacht Investor (@SYInvestor) May 3, 2017
5:24
We are now off to enjoy a cocktail reception courtesy of the Marshall Islands Registry https://t.co/NgejPw437C. See you tomorrow! #SYI2017 pic.twitter.com/f5uAIt7yqU
— Superyacht Investor (@SYInvestor) May 3, 2017
