7 Aug 2012
Week in Superyacht Brokerage: 50m 'Perseus' and 50m 'QM Of London' sold
By Lulu Trask
As the superyacht industry entered August, brokerage activity continued at high levels despite a small drop in sales activity. Nonetheless, three superyachts were sold in the week dating 31 July – 6 August, two of which were larger than 49m, whilst 12 new central agencies were announced alongside nine price reductions.
Three superyachts were sold this week, with a cumulative length of 125.89m. The largest superyacht sold this week was Perini Navi’s 50m sailing yacht Perseus. The 2001 yacht was listed for sale with Burgess and Perini Navi USA at €14.9 million when Aqua Marine brought the buyer, and she has now been renamed Silencio.
Also sold this week was Benetti’s not much smaller 49.7m motoryacht QM Of London. The 1998 vessel, refit in 2006, was a joint listing with Y.CO and Camper & Nicholsons, and was asking €9.9 million at the time of sale.
The smallest sale of the week was Nordhavn’s 26.2m 2001 motoryacht Caryali, for sale with Northrop & Johnson, asking $6.95 million.
New Central Agencies
This week saw the announcement of 12 new central agencies, a third of which were announced by Fraser Yachts, adding four superyachts to its sales fleet. Benetti’s 1991 42m motoryacht Trinity II (refit in 2001) is asking €3.55 million; two new build sailing yachts by CNT Castagnola Lavagna listed also with Equinoxe Yachts, the 39m Renaissance (previously Loop I), which will be on display at Monaco, and Loop II, both asking €8.5 million; and one joint listing, Riva’s 25m 2001 motoryacht Yannina, asking €1.95 million.
OceanStyle announced two additions to its fleet this week: Warren’s 36.6m 2009 motoryacht Ghost II, asking $12 million, and a new joint listing, MCP Yachts’ 29.9m 2006 motoryacht Obrigado, asking $4.7 million.
Elsewhere, Moran Yacht & Ship has been appointed central agent for Westport’s 34m 2009 motoryacht Contigo, asking $7.85 million, Yachtzoo has been appointed central agent for Mangusta’s 32m 2002 motoryacht Ellicha, asking €1.95 million, whilst Northrop & Johnson will handle the sale of Broward’s 32m 2004 motoryacht Polo V, asking $3.4 million.
This week also saw Gilman Yachts appointed central agent for the sale of Christensen’s 31.4m 1988 motoryacht Magic Time, asking $1.895 million, Dahm International appointed central agent for Jongert’s 56.7m sailing yacht Ithaka, asking €4.95 million, and Camper & Nicholsons appointed central agent for Horizon Yachts’ 26.2m 2006 motoryacht Espresso, asking €1.925 million.
This week saw nine price reductions, one more than the previous week. International Yacht Collection boasted the largest superyacht to be reduced this week as the brokerage house reduced Trinity Yachts’ 57.9m 2010 motoryacht Mi Sueno by a significant $4.95 million – the largest reduction of the week - to a new price of $39.95 million.
Not far behind in length was Benetti’s 49.9m 1997 motoryacht Taiba, reduced by Blue Water Yachting by €800,000 having undergone a refit, and now asking €8.9 million.
Fraser Yachts, moreover, continued its surge in brokerage activity with the announcement of five reductions on its listings. Feadship’s 47.2m 1987 motoryacht X, a joint listing with Yachting Partners International, was reduced by $1 million to $8.5 million; Astondoa’s 31m 2005 motoryacht Wind Song VI by €300,000 to €3.7 million; Nautor Swan’s 30.5m 1986 sailing yacht Garuda (refit in 2010) by €100,000 to €1.55 million; Moonen’s 26.2m 2006 motoryacht Far Niente by €450,000 to €3.65 million; and North Wind’s 26m 1996 sailing yacht Xilgaro II (refit in 2002) by €450,000 to €1.45 million.
Meanwhile, Reel Deal Yachts reduced Sterling’s 44.8m motoryacht Aero Toy Store for the second time in recent weeks. The 1986 motoryacht, refit in 2006, had its price lowered by $100,000 to $5.8 million. A1 Yacht Trade Consortium also announced a $300,000 reduction on its central listing, Feadship’s 1971 32.5m motoryacht Olympias (refit most recently in 2000), now asking $1.2 million.
Add a comment
Other Fleet News
The 44m motoryacht is entirely Dutch built and designed and is on course for a home delivery in June. More
Moonen Shipyards in the Netherlands has launched the long distance explorer Moonen 100, a robust exhibition-style vessel, which features smooth lines. More
The 54m sailing yacht is the sixth built for her owner by Baltic, which this year celebrates 40 years of business. More
The motor yacht is the first launch since the brand’s acquisition by Tecnomar in 2011. More
Superyacht Intelligence Data
ASEA POWER SYSTEMS
ASEA POWER SYSTEMS is the Marine Industry Leader for Shore Power Conversion equipment ranging in power from 8kVA - 1000kVa.
Reckmann Yacht Equipment GmbH
Reckmann Yacht Equipment GmbH is a specialist company for reefing systems, masts and hydraulics and will celebrate the 120th anniversary in 2012. Today, the company is one of the leading producers and traders of headsail reefing equipment and is a synonym for quality, continuity and innovation.
Helkama Bica Oy
Helkama is specializing in development and production of marine and offshore cables. Our experience in this field goes back more than thirty years. We produce only halogen free cables and the cable range include both flame-retardant and fire resistant cables. Helkama marine cables are approved by all major classification societies.
Bond TM is an independent consultancy company for AV, IT, communication, navigation and security systems. We manage new builds and refits projects for the most advanced super yachts and provide to the industry the best 24/7 IT support.
Nautic Crew International, Inc.
Nautic Crew Intl is a Crew placement company started by yachting professionals that truly care about your future crew because we understand the dynamics of life onboard. When it comes to hiring new crew or looking for a position, Experience the Difference!!
For 40 years Pantaenius has been providing yacht insurance to yacht owners all over the world.