30 Jul 2012

Week in Superyacht Brokerage: five superyachts sold

By Lulu Trask

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The week dating 24-30 July 2012 saw an improvement in brokerage activity from the previous week, with two additional superyacht sales, the same number of new central agencies, and two fewer price reductions. This week American shipyard Broward confirmed two sales of 41m new build motoryachts, a 139m superyacht has joined the sales fleet, and a $4 million reduction has been announced.

Superyacht Sales

This week saw five superyacht sales – three more than the previous week – three of which were sales of new builds. The largest second-hand superyacht to be sold this week – and the larger than both new builds sold – was Feadship’s 46m motoryacht The Highlander. The 1985 superyacht joined the market in May 2011 with Bradford Marine Yacht Sales who has now sold the yacht, with an asking price of $4.99 million at the time of sale.



Also sold this week was Ferretti’s 27m 2008 motoryacht Juna, sold by Ocean Independence and Woods & Associates, with an asking price of €3.2 million at the time of sale.

New builds continued to see sales success this week. As SuperyachtNews.com reported last week, Fort Lauderdale-based shipyard Broward signed contracts for two 41m motoryachts, one for delivery in 2014, and the other in 2015, whilst Italian shipyard Cantiere Delle Marche signed a contract for a 26m Nauta Air motoryacht, due for delivery in 18 months.



New Central Agencies

This week saw nine new central agencies, the same number as last week, all of which were motoryachts whose asking prices amounted to a significant €262,101,557. The largest new central agency of the week is confidential, however the second-largest superyacht in this category this week was Feadship’s 38m Monaco. Built in 1981, the motoryacht is now for sale with Polaris Yachting and is asking €5.25 million after a €250,000 reduction. The brokerage house also told SuperyachtNews.com it has been appointed central agent for the sale of Sunseeker’s 25m Bootlegger.

SuperYachtsMonaco this week also announced it would handle the sale of Sunseeker’s 37m 2009 Nina, asking £7.95 million.

Fraser Yachts announced three new central agencies this week: Benetti Sail Division’s 32.4m BSD 105 RS (a joint listing with Camper & Nicholsons) due for delivery in 2013 and asking €6.7 million, Italcraft’s 31m 2007 Celeste (a joint listing with Torrance Yachts) asking €2.95 million, and Hatteras’ 26m 2003 Migration, asking $3.6 million.



Camper & Nicholsons announced three new central agencies this week: the above-mentioned joint listing with Fraser Yachts of BSD 105 RS, Camper & Nicholsons’ 30m 1967 Lamadine, asking €2.15 million, and Ferretti’s 25.3m 2003 Sea View, asking €3.7 million.

Price Reductions

This week saw eight price reductions on six motoryachts and two sailing yachts, two fewer than last week, which totalled €5,618,527. This week the length of yachts reduced correlated with the price of the reduction, with the largest reduction of the week falling upon the largest yacht, Sterling’s 47m Triumphant Lady. Northrop & Johnson reduced the 1985 motoryacht by $4 million to $8.9 million. The brokerage house also reduced another of its listings this week, Valdettaro’s 34m 1994 sailing yacht Titan XIV (refit in 2004), down by $700,000 to $2.9 million.



Other than the reduction on Triumphant Lady, all respective reductions fell below €540,000. Yachtzoo reduced its listing of Westport’s 39.6m 2009 motoryacht Mustang Sally by $650,000 to $16.95 million, whilst Polaris Yachting reduced its above-mentioned new listing Monaco by €250,000 to €5.25 million.

Fraser Yachts’ activity continued in this sector of brokerage, as the brokerage house announced two reductions on its central listings. Benetti’s 35m 2000 motoryacht Aminah (refit in 2010) was reduced by €450,000 to €6.75 million, and Nautor Swan’s 34.3m 2000 sailing yacht Mystery (refit in 2008) has been reduced by €550,000 to €5.85 million.



Elsewhere, Camper & Nicholsons announced a reduction on Moonen’s 26m 1992 motoryacht La Dolce Vita (refit earlier this year), asking €1.49 million, whilst Burger Yacht Sales announced a $300,000 reduction on Burger’s 27.7m 1994 motoryacht Current Issue, now asking $2.995 million.

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