Quote of the day...

“We had a Russian client who ordered a yacht and then withdrew even though he had to give up the 40 percent deposit...”
Wally spokeswoman Monica Paolazzi

Economic Crisis & Superyacht market trends

New yacht: Luxury Yachtmakers at Monaco Show Cut Prices Up to 20%
>> Bloomberg

Second hand super yacht : My Shanti and Boadicea sold !!!
Accoding to globes.co.il website: "Shari Arison has sold her yacht "My Shanti" for $103 million, six months after putting it up for sales. "Boat International" reports that she made the sale on Tuesday at the Monaco Yacht Show."

In March, Arison put up the 64.5 meter yacht at Fort Lauderdale-based broker Merle Wood Associates Inc. agent Peter Croke confirmed the sale, adding that the firm represented both Arison and the buyer.

Burgess Yacht have also announced the sale of the 70.5 metre Amels "Boadicea".

Monaco Yacht Show Vs MYBA Selection

Burgess stand at the MYS in 2008

Another new yacht show ?
As you probably know, the 19th edition of the Monaco Yacht Show (MYS) is being held from September 23 to 26, 2009 in the Principality of Monaco.
However, it seems that the MYBA members (Mediterranean Yacht Broker Association) have decided to run a concurrent yacht show for three days from Friday 25th to Sunday 27th September.

The "MYBA yachts" will anchor in the Rade de Saint Hospice, five miles west of Monaco Port Hercule and potential buyers will be ferried by private tender from the official Monaco show to the MYBA Selection fleet.

Major brokerage companies (Burgess, Camper & Nicholsons International, Edmiston & Company, Fraser Yachts...) are all members of the MYBA.

A MYBA broker added that in 2008, yacht owners were often unable to secure one of the oversubscribed berths...and some were also unwilling to pay the high entrance fees required at the MYS.

However, the 19th edition of the Monaco Yacht Show is nonetheless fully booked up and the yacht list will be on-line in July 2009.

Superyacht events: 2008 Monaco Yacht Show - part I

Discover our selection of luxury toys on display at the 2008 Monaco Yacht Show

Mini submarine by U Boat Worx

click to enlarge

U-BoatWorx BV is a Dutch company specialised in developing and marketing small, safe and affordable one-person and two-person submersibles

A carbon tender powered by solar panel

click to enlarge


click to enlarge

The Czeers MK1 is a prototype of a solar powered speedboat that can hit 30 knots in full stride. Relying on the sun to power its engines, this 10m tender was developed by the Dutch-based Delft Technical University Solarboat Team.

Superyacht events: N°18 Monaco yacht Show 2008 24-27 September

Copyright Pierre Pettavino

The 18th Monaco Yacht Show brings together professionals from the international luxury yachting sector; ship-builders and designers, equipment suppliers, brokers and service providers.

The MYS is renowned throughout the sector for being the show that must not be missed in the luxury yachting sector because it is the only yacht show exclusively devoted to Superyachts of at least 25 meters in length.

- Quayside exhibition

500 exhibiting companies, including international yachting industry leaders, 15000sqm of exhibition.

- Floating Exhibition

95 of the world's finest 82 to 262 feet yachts. 40 motor and sailing yachts are world premiering at the 2008 MYS.

- Participants (26 000 in 2007)

>> Official website
>> Map
>> Check out the official yachts list on display at the 2008 MYS


>> Our Exclusive list of the yachts at anchor

MY
85' OPERA SUPER
BRADLEY
KIAL
MAESTRO
PERI 29
PERSHING 90
CELTIC DAWN
CUSTOM LINE NAVETTA 33
DARSEA
FREEDOM
MEDITERRANEO
SHANE
SOSSEGO
VARUS
VICEM 92

SY
ANTONIA
DRUMFIRE
ECLIPSE
HIGHLAND FLING X
LITTLE BLUE
MRS SEVEN
RED SULA
SHERE KHAN
NGONI
SWAN 90
Y3K