12 Aug 2013
This Week in Superyacht Brokerage: Sales increase to three completed
Speaking with Toby Maclaurin, commercial manager of Ocean Independence, he shared that the brokerage market is “at the same level as the last couple of years – we aren’t any better but equally, we aren’t any worse off, and we are continuing to sell yachts.” Regarding the market of this year compared with previous trends, Maclaurin explains that “2012 was very similar to 2011, and 2013 is shaping up to be remarkably similar to the last couple of years. For the buyers, we are seeing exceptionally good buys out there with owners looking to remain in the market and simply trade in, upgrade or downsize. Although sellers may have to list at a lower price, they will in turn be able to purchase their next yacht at a cheaper price.”
The week running 6 – 12 August saw three sales completed, 14 new central agencies announced, and four price reductions made.
The largest sale completed this week was through Burgess, YPI and Seaminds with 69m Tu Moana. Completed by Austal in 2003, Burgess and Seaminds also represented the buyer at an asking price of €6,500,000.
Two sales this week through Fraser Yachts: Stuart Larsen has sold 49.95m 1997 Benetti built Taiba, listed at €9,500,000; while Dennis Frederiksen has sold 1997 Feadship built 48.2m Noa VII, with International Yacht Collection representing the buyer at an asking price of €19,500,000.
New Central Agencies
There were 14 new CAs announced this week, nearly doubling from the eight announced last week. The new listings had a total combined length of 559.44m, with their combined asking prices totalling €87,644,203 ($116,839,239), although two prices have been withheld.
The largest new CA announced this week was through Stuart Larsen of Fraser Yachts with 67m Amazon Express. Completed by Arsenale in 1965 and refit in 1994, she is currently listed at $7,500,000.
New listing from Thom Conboy of BYS this week with 36.88m 2003 Crescent built Olga, currently on the market at $7,900,000.
Two new listings from James Rayner of Camper & Nicholsons this week: 36m 2009 Tecnomar built Lake Daimon; and 34.1m Mariellina Gio Gio, completed by Leopard in 2008, and are both listed with their prices upon application.
Chris Daves of Denison & Daves Yachting has listed 2004 Lazzara built 33.5m Silver C on the market at $4,995,000.
Three new listings from Fraser Yachts this week: Jose Arana Jr and Jose Arana Sr have listed 46m White Knight, built by CRN Ancona in 1985 and refit this year, for sale at €3,750,000; they’ve also listed 30m 2005 Rodman built Interceptor XII for sale at €2,900,000; while Peter Jones has announced new listing 37.7m 2000 Heesen Yachts built Alumerica for sale at €9,950,000.
Kevin Bonnie of International Yacht Collection has listed 1994 45.5m Oceanco built Jaan 2 on the market at $4,900,000.
Rick Weisenberger of Northrop & Johnson has listed 35.66m Custom built Crystal II, completed in 2005 and refit in 2009, on the market at $5,900,000.
Axel Douque and Peter Hurzeler of Ocean Independence have announced new listing 46m Rossi Navi new build to be completed in 2015, 2 Ladies, is on the market at €24,000,000.
Two new listings from OceanStyle this week: 2008 39.6m Maiora built Inclination II is for sale at €7,950,000; and 31.5m 2003 Overmarine built Madame is for sale at €2,500,000.
Steve Martin of Sanlorenzo Americas has announced new listing 2010 Sanlorenzo built 40m Princess Claudia II is currently on the market at $17,549,000.
Price reductions dropped slightly this week with four announced, compared with the six reductions from last week. The following yachts are still on the market and looking for buyers:
The largest yacht to be reduced this week was 34.14m Song of the Sea, completed by Nautor Swan in 2002 and currently listed through Bill Titus of Northrop & Johnson at $5,995,000.
Toby Walker of Dubois Yachts and Michael Nethersole of Northrop & Johnson have changed the currency and therefore slightly reduced the price of 2003 Holland Jachtbouw built 32.3m Carl Linne to €3,950,000.
Antonio de Yturbe Redo of Edmiston has reduced 32.8m 2008 Sanlorenzo built Japimana to $5,999,999.
The final reduction this week comes from Bill Titus at Northrop & Johnson again with 32.6m Capricorn. Completed by Hatteras in 1991 and refit in 2010, she is now on the market at $1,350,000.
Please send all brokerage news to email@example.com
Add a comment
Other Fleet News
There has been a continuation of tactical pre-Monaco Yacht Show price reductions, with IYC announcing price cuts on two of its show attendees. More
In the run up to the 2016 Monaco Yacht Show, three of Lurssen's second-hand listings are stealing the limelight. More
The 54.5m Amels-built motoryacht has been listed for sale with an asking price of €17 million. More
Following the Cannes Yachting Festival, Overmarine has announced its new 54m flagship superyacht has been sold More
Most Recent Comments
Superyacht Tenders & Toys
Superyacht Tenders & Toys have a high level of expertise in providing new build and custom tenders, chase boats, RIBs & all popular yacht toys. With an unrivalled global service network, maintaining a personal & bespoke service, wherever you are in the world, Superyacht Tenders & Toys can help.
Marlink offers seasonal, flexible contracts to match regional sailing requirements. Through our dedicated account managers & customer services, we develop personal relationships with customers & drive innovations to develop digital solutions & smart applications that take you beyond just connectivity.
Integrated Navigation Systems based on state-of-the-art technology and decades of experience in the superyacht industry. Ultimate knowledge and flexibility in system integration. Dedicated customer care throughout the whole project and beyond.
ASEA POWER SYSTEMS
ASEA POWER SYSTEMS is the Marine Industry Leader for Shore Power Conversion equipment ranging in power from 8kVA - 1000kVa.
WREDE Consulting is an independent paint consultant and paint surveyor company who has worked for most of the 200 largest yachts worldwide in coating, paintwork and equipment areas. WREDE Consulting engages in quality management and objective quality assessment for the coating of mega- and superyachts. www.wrede-consulting.com
ABB Marine and Ports
ABB is a leading supplier of electrical power and propulsion systems for ships. We provide innovative, safe and environmentally-friendly solutions and qualified services worldwide. Our AzipodÂ® propulsion has proven its efficiency and reliability on yacht vessels with its ultimate silent and ecological solution.
Jets Vacuum AS
Jets Vacuum has for over 30 years been the leading innovator in vacuum sanitation technology. With over 11,000 Jets systems in operation on all types of ships, Jets are known for high quality, flexible cost efficient solutions backed up by first class world wide service
ATLAS MARINE SYSTEMS
Atlas Marine Systems, the world leader in the design of marine electrical power systems, offers a full range of engineering services necessary to define the onboard electrical distribution system or simply the application of the Atlas power conversion products.