Watching the market carefully our team share their knowledge and market analysis to bring you a comprehensive guide to the industry, including data and statistics in our global order book, country reports and monthly fleet and brokerage.
Each year the editorial team also review the year in key areas that affect the industry to bring you a condensed, comprehensive report on how these areas fared over the last twelve months and what to expect in 2014.
Below Rebecca Curran, Andrew Johansson, Lulu Trask, and Bryony McCabe outline what to expect from their reviews in the areas of sale and purchase, design, crew, and management, respectively. Next week, the remainder of the team will be detailing what to expect in their reviews of marinas and cruising, refit and repair, regulations, new build, insurance and banking, and world wealth in 2013.
SALE AND PURCHASE
Rebecca Curran, brokerage editor
The Superyacht Report, SuperyachtNews.com and The Superyacht Owner
2013 finally saw firm steps taken out of the recession for the sales market. The industry saw noticeably fewer price reductions year on year, consistent large yacht sales and yachts moving at a quicker rate than in previous years. With further work needing to be done, 2014 is set to continue the momentum of 2013 with brokers maintaining a healthy optimism for the future of the resale market.
Managing editor, SuperyachtDesign and design editor, The Superyacht Owner
The design report explores the creative developments and themes of the past 12 months. Speaking to a handful of design studios from around the world including Claydon Reeves, De Voogt Naval Architects, Ken Freivokh Design and Nauta Yachts, we investigate why these ideas have grown in popularity. Like most ideas, there can be more than one interpretation and we look at the most extreme, and the potential problems associated with them. We also look at a set of regulations, which offers a refreshing and forward thinking alternative for yacht owners.
Lulu Trask, managing editor
The Crew Report
With an estimated 1,400 jobs created for crewmembers in 2013, over the past 12 months the crew sector has expanded at a sprightly pace. This has created some struggles for other branches of the sector, with many raising the question of crew quality with the training schools who ready our crew for this industry. One increase that the industry should be thrilled to acknowledge is that of the rights of crew under the implementation of the Maritime Labour Convention, 2006 (MLC); the crew sector has taken the biggest leap towards professionalism it has, arguably, ever seen.
Bryony McCabe, assistant editor
The Crew Report
With the Maritime Labour Convention 2006 (MLC) implementation cited as the most significant development within the yacht management sector this year, 2013 has seen yacht managers focus a great deal of effort on ensuring their fleet are compliant. As a result, management companies have felt a greater need for a higher level of legal, commercial and administrative knowledge within their team. With increased regulations threatening to affect overall owner experience a challenge for the future, management companies will have to be efficient with such developments whilst continuing to manage owner expectations.
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