Broken engine of the month

Unfortunately, the Captain was sacked because he broke the two engines...in two weeks

Superyacht valuation question...

Goooooood news

In March 2008, the superyacht "Maltese Falcon" launched in 2006 by Perini Navi Istanbul was for sale for €115,000,000.
The superyacht is now for sale for...€70,000,000: yes, that is a big saving !!!

We strongly suggest you wait another year before you purchase your next superyacht...;-)

>> Maltese Falcon website

Yacht Financing Question

"The bigger problem now is not finding the client, it's finding the leasing for the client..."
Fabrizio Politi told the Reuters Luxury Summit in London

>> Interview published on Reuters UK

Click to enlarge - MY "Indian Empress" was at anchor in Cannes.


During the Monaco Grand Prix, Vijay Mallya, owner of the Force India team, has moored his 95-metre yacht, Indian Empress, offshore, determined to enjoy himself in the best traditions — and in spite of him losing his billionaire status in the recession.
“Glamour and sport go hand-in-hand and it’s no more obvious than in Monaco,” he said. “Monaco is a race that is so famous that almost everybody wants to come to it.”

Times Online

MY "Pari" grounded near Saint Jean Cap Ferrat

Click to enlarge

The 39m MY "Pari" broke her lines yesterday and grounded near Saint Jean Cap Ferrat.
The French tug "Abeille Flandre" will try to tow the yacht that is currently grounded on the rocks.
According to the French authorities, no crew member were injured.
The engine room has been flooded and there are 3 holes in the hull.
Specialists must pump out 20,000L of fuel.
The 39m motor yacht was built by Alucraft in Turkey and fitted out by Cantieri Navali Argentario in Italy.
The exterior of Pari was designed by Vincenzo Ruggiero and famous architect Espen Oeino redesigned the yacht.

Where are the "blingchevik" ?

MR Kerimov is the owner of the 295ft Lurssen "ICE"
In November 2006 Kerimov lost control of the Ferrari Enzo he was driving in Nice, France, and crashed into a tree.

According to a recent article published on Reuters UK website, "Russia's billionaire oligarchs have (so far) avoided losing their luxury investments such as property, yachts and soccer clubs despite seeing their collective wealth plunge by $378 billion over the past year."

>> Russia tycoon cedes French, London estate for debt

Cannes Super yacht Cup Cancelled

Bad news !
According to the french newspaper Nice-Matin, the Cannes Superyacht Cup open to sailboat measuring 30m and larger has been cancelled at the last moment. From May 28 to 31, up to 25 sailing superyachts were expected to participate...in the first SYC
The Palm Beach Casino, broker Camper & Nicholson and Aston Martin Cannes were among the official sponsors of the race.

>> SYC 2009 website

Yacht Silhouette

Here is a set of B&W "photoshopped" pictures taken around Juan les Pins by an avid reader Carl C.


Click to enlarge



MY "ICE" with an helicopter

Recession bites at Monte Carlo

Click to enlarge

The Times Sports News Correspondent finds a few less yachts in the harbour, believes that Hamilton has lost his sparkle and offers a few tips to those thinking of moving to Monaco...

This article confirms what we announced weeks ago.

>> Times Online 1

Cannes Film Festival: a superyacht festival II ?

MY Lauren L


Click to enlarge

Although it is just the beginning of the charter season, the Cannes Film Festival brought together many superyachts and big cruise ship.

This photo of the Baie de Cannes was taken today: cruise ship, superyacht, italian motoryacht, sailboat, chase boat are all at anchor and it is just the same near the Lerins islands and the Cap d'Antibes with MY Virginian, MY Enigma, MY Fortunate Star, MY Siren, MY Meamina and so many others...


MY Indian Empress

Many superyacht are coming from the not so far harbour of Monaco Port Hercule.
Saudian, American and Indian owners...but where are the Russians ?