American Yacht Brokerage Sales Increase a Hefty 10% in March 2016: Following two weak months to start 2016, boat sales by American brokerages increased by 10% as 2,443 units were sold, up from 2,215 during the same period last year. Significant gains occurred in sales of boats under 45 feet. Sales volume for larger yachts…
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Facheris Design Produces Aqueous 120 Megayacht Sleek Design Concept: Although the name Patrizio Facheris may not be familiar to some in the yachting industry, he has three decades of experience working for some of the world’s top yacht design and construction companies, including Donzi Marine and Michael Peters Yacht Design. Facheris’ desire to provide superyacht…
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February Yacht Values Rise, Volume Down Slightly: In February 2016, 552 boats changed hands in the 26- to-35-foot category, a figure that was 50 units smaller than for the same month a year ago. While that segment typically has more sales than others, the number of boats sold during the month was nearly equal in…
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40-Knot Megayacht Otam 80 HT Millenium Starting Spec Build: If you’re in the market for a fast yacht, Otam will try to give you one—fast! Measuring 25.5 meters, the 80 HT Millennium is the fourth hull in the Millennium series. Otam has noted that its shipyard has had a high number of requesting and ongoing…
DetailsPlans for Expedition Yacht Include a Seaplane: It’s no secret that many superyacht owners are seeking adventure on the oceans. The latest concept from Bill Prince Yacht Design fills that bill with a 40m expedition yacht that totes an Icon A5 seaplane. Unlike the somewhat traditional helipads found on many superyachts, the A5 seaplane was…
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Oceanco Reveals Additional Details About 90m Moonstone Superyacht Project: Moonstone revealed additional details about its impressive new 90-meter luxury yacht project called Moonstone at the recent Dubai International Boat Show. The mega yacht is Oceanco’s latest distinctive creation in collaboration with Van Geest Design that includes innovative and artful features. The defining feature that makes…
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Megayacht Builer CRN Completes First Refit: CRN, part of the Ferretti Group, has completed its first refit with delivery of the newly restyling 46m luxury yacht Eight. The refit involved most of the interiors and a general restyling of the superyacht, as well as maintenance and upgrading of technical systems and appliances. The new design…
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Nautica Italiana Seeking to Expand in the United States: Nautica Italiana, the Italian marine association comprised of some of the industry’s most prestigious brands, and affiliated with Fondazione Altagamma, is seeking to capitalize on recent growth presented by the American market. Data presented by the National Marine Manufacturers Association (NMMA) indicates that the American boating…
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Mega Yacht Barbie Owner Receives $20 Million Payout: The owner of M/Y Barbie, one of two superyachts destroyed in a fire at the Marmaris Marina, Turkey, in early January has received a $20 million payout from 14 Lloyd’s insurers for irreparable damaged caused to the vessel by the blaze. The January fire started on Lürssen’s…
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CCN Announces New 50m Superyacht Project: Cerri Cantieri Navali (CCN) has announced the sale and construction of a new fully custom 50m superyacht, the first bespoke project of this scale to be constructed at the Italian shipyard. Fuoriserie will feature an aluminum semi-planing hull designed by Studio Bacigalupo with chic interiors coming from Studio Vafiadis.…
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