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Discover the captains and brokers point of view about the recession and the fact that owners are having a harder time selling their smaller yachts.
The Wealth Report
>> http://blogs.wsj.com/wealth/2008/05/23/megayacht-biz-takes-on-a-little-water/
The Triton>> http://www.megayachtnews.com/index.php?news=2443
Designed by Frank Mulder, the FM75 is a luxurious vintage chase boat built in aluminium alloy and able to reach a top speed of 44 knots...
Contact us for more information yachtspec@gmail.com
Harbor: Port Vauban, Antibes, French Riviera
Lease: 2021
Dim: 30 x 7 m
Asking price: 1,600,000 euros
Contact: yachtspec@gmail.com
Feadship F45 near Antibes, note the huge swimming platform
By combining a transatlantic range capacity and the traditionnal Feadship quality, the new Feadship F45 Vantage built by Royal Van Lent shipyard is a new concept in the semi-custom mid-size yacht range. Designed for owners who require a lot of internal space without having to pay the significantly higher costs associated with a fully customised project, the F45 serie comes with 4 different finishes.
Length overall: 44.65m - 146- 6"
Beam overall: 9.2m - 30' 2"
Draft: 2.7m - 8' 1"
Fuel cap.: 40,000 L - 10,500 US Gall.
Fresh water cap.: 10,000 L - 2,600 US Gall.
Main engines: twin MTU 12V2000M70 - 788 KW/1,055 HP
Top speed: 14.5 knots
Price: 25,000,000 euros approx.
Dim: 15 x 5 m
Lease: 2021
Price: 292,000 euros
Contact: yachtspec@gmail.com
By Jessica Clark First Coast News ST. AUGUSTINE, FL --
According to Show Management's web site, it produces some of the world's largest in-water boat shows right here in Florida. It had its sights set on St. Augustine for a full-scale boat show in May, but not anymore. The event has been "postponed," according to Show Management. The company says it's due to "current economic conditions," but it did not elaborate. City of St. Augustine Spokesman Paul Williamson told First Coast News he believes the company was not able to get enough exhibitors. "I don't think it had anything to do with their anticipation of people not coming to the show, but it was they didn't have enough vendors to make the show viable," Williamson said. In the Matanzas Bay, right in downtown St. Augustine, Show Management planned to set up floating docks to show off the boats and marine products, Williamson explained. That temporary infrastructure can be pricey-- especially in economic rough waters. "The city was ready to partner with them to make it a success," Williamson said. "It's just the market right now, it's just not the right time." On Show Management's web site a note reads the company is still interested in St. Augustine as a location for a boat show. The company mentioned nothing about a date to reschedule.
>> http://www.wjxx.com/news/local/news-article.aspx?storyid=107190
MY Marco Polo at the 2008 Antibes yacht Show
The Antibes Yacht Show started Friday under a rainy and windy sky. This year, the show sees its capacity almost double with more than 1,000m of quay and 15,000 sq m.
Famous yachts will be on display like MY Ionian Princess, MY Masquerade of sole, MY Explorer Marco Polo.
Show hours:
Port Vauban Friday 17 April to Sunday 20 April
10:00 AM to 7:00 PM
http://www.antibesyachtshow.com
Fort Lauderdale-based broker Anchor Yachts says sales of yachts in the $200,000 to $800,000 range have declined 50%, prompting sellers to cut prices by as much as 20%.
>> More information on CNN: http://money.cnn.com/galleries/2008/fortune/0804/gallery.luxury_recession.fortune/4.html
>> Other article on The Wealth Report web site:http://blogs.wsj.com/wealth/2008/04/10/yacht-prices-sinking-fast/?mod=WSJBlog
