26 September 2016

20 Jan 2014

“As the economy improves, yacht sales will follow” says Michael Rafferty of CNI

By

Looking ahead to 2014, Michael Rafferty, broker for Camper & Nicholsons stated, “I believe my thoughts are similar to a number of other brokers. As the economy improves, yacht sales are sure to follow”. Echoing a sentiment expressed by many brokers at the close of 2013, Rafferty explained, “the market is still very price sensitive, but as the inventory starts to decline, the prices should start to firm up.” Ultimately, he and the team “are cautiously optimistic that the trend of increased sales from 2013 will continue into the year”.

The week running 14 - 20 January saw two sales completed, eight new central agencies announced, and fifteen price reductions made.

Superyacht Sales


The largest sale completed this week was 36.5m Private Lives. Completed in 2003 by RMK Marine, she was listed for sale through Vripack and sold through the team. After being removed from the market last year, she remained quietly for sale until the closure last week at $7,950,000.


Private Lives sold this week

As mentioned, Michael Rafferty of Camper & Nicholsons has sold 34.7m 1997 Hatteras built Far Niente. She was listed at $3,600,000 with HMY Yacht Sales introducing the buyer.

New Central Agencies


There were eight new CAs announced this week, rising from the five last week. The new listings had a total combined length of 332.88m, with their combined asking prices totalling €122,512,880 ($166,702,076).

The largest new CA announced this week was through Moran Yacht & Ship with 2010 Lurssen built 60m Solemates, currently priced at €57,500,000.


Solemates

Burgess and Bernard Gallay Yacht Brokerage have listed 1997 Sensation Yachts, 44.7m Mari-Cha III for sale at $12,950,000.

Camper & Nicholsons have listed 2004 Custom built 38.26m Azul de Cortes for sale at €1,200,000.

Vassilis Fotilas and Stuart Larsen of Fraser Yachts have announced new listing 35.5m 2007 Azimut built Ileria is priced at €4,900,000.

Merle A. Wood and Christian Bakewell of Merle Wood & Associates, with SG Private Wealth, have listed 2012 Delta built 50m Arianna, for sale at $45,900,000.

Two new listings from Northrop & Johnson: Wes Sanford and Kevin Merrigan have listed 39.62m 2008 Westport built Stellar for sale at $12,995,000; while Joost Goverts has listed 2003 Cheoy Lee built 31.4m My Way, for sale at €1,450,000.

The final new listing this week is from Peter Hurzeler at Ocean Independence with 1990 Jongert build, 33.4m Lady Sunshine, and priced at €4,900,000.

Price Reductions


Price reductions more than tripled to 15 announced from last week’s four. The following yachts are still on the market and looking for a buyer:

The largest yacht to be reduced this week was through Merle Wood & Associates with 68.18m 2010 Nobiskrug built Sycara V, now on the market at €69,500,000.


Sycara V

David Lacz of Bartram & Brakenhoff has reduced 2000 NorthCoast Yachts built 36.6m Scott Free to $4,295,000.

Two reductions from Edmiston this week: Jonathan Barbe is joined by Merle Wood & Associates with 1979 Feadship Van Lent built 60.56m Nara, now priced at €9,900,000; while Alexander Busher has reduced 2005 Palmer Johnson built 36.9m DB9 to €5,900,000.

Two reductions as well from Eric Pearson of Fraser Yachts: 37.7m 1986 Picchiotti built Freedom is now priced at $4,900,000; and 1988 Feadship built 36.27m Ozark Lady has been reduced to $4,495,000.

Two more reductions from International Yacht Collection: David Nichols, with Merle Wood & Associates, have reduced the asking price of 1994 Azimut built 36m Shalimar to $3,490,000; while Mark Elliott announced the reduction of 2011 Marlow built 30m Kakawi to $5,350,000.

Three reductions from Northrop & Johnson: Wes Sanford has reduced 2006 Palmer Johnson built 37.5m BB3 to $7,750,000; Jonathan Chapman has announced the new price for 2012 Aydos Yatcilik built 34.7m Music is €5,900,000; and Simon Turner has reduced 32m 2011 Hatteras built Hatteras 105 to $8,750,000.

Two reductions from SuperYachtsMonaco this week: 2009 Trinity built 60m Bacarella is now for sale at €35,000,000; while Perini Navi USA joins in the reduction of 2004 Perini Navi built 43.45m Victoria to €12,750,000.

Stephen Barnes and Christopher Booke of United Yacht Sales have lowered the asking price of 1997 Crescent built 34.75m Cloud Nine to $1,490,000.

The final reduction this week is from Michael Mahan of Worth Avenue Yachts with 38.1m Namoh. Built by Cheoy Lee in 2003, she is currently on the market at $9,740,000.

Please send all brokerage news to newsdesk@thesuperyachtgroup.com

To receive breaking news notifications, download our app.

Comments

Add a comment

1800 character limit

Having problems? Let us know editor@superyachtnews.com

Other Fleet News

$9 million of price reductions on IYC's fleet for the MYS

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

Lürssen's 'Solandge' reduced by €14 million, 'Capri' by €3 million and 'Blind Date' sold

In the run up to the 2016 Monaco Yacht Show, three of Lurssen's second-hand listings are stealing the limelight. More

Yacht & Villa International lists 54.5m ‘Faribana V’ for sale

The 54.5m Amels-built motoryacht has been listed for sale with an asking price of €17 million. More

Overmarine announces sale of new flagship yacht

Following the Cannes Yachting Festival, Overmarine has announced its new 54m flagship superyacht has been sold More

Fleet News Archive

Most Recent Comments

  1. Another CA change for 49.9m ‘JoyMe’ More
  2. 60.6m Feadship hits the market More
  3. Superyachts "selling at 50 cents to the dollar" More
  4. ‘2014 exceeded all my expectations’, says Jan Jaap Minnema of Fraser Yachts More
  5. 2013 closes on a high with 16 sales over the holidays More
SuperyachtNews app available now. Click here to download.
The Superyacht Intelligence Annual Report is out now. Subscribe today and access your digital copy instantly. Subscribe now.

E-Newsletter

Get regular updates from SuperyachtNews with our weekly Email Newsletter.

Submit

SuperyachtIndex.com

Latest Premium Listings

Cummins Inc.

Cummins Inc.

Nlightened Software Ltd

Nlightened Software Ltd

Cogs 4 Cancer

Cogs 4 Cancer

Zytexx International Ltd

Zytexx International Ltd

Melita Marine Group

Melita Marine Group

Raytheon Anschuetz

Raytheon Anschuetz

Kahlenberg Industries, Inc.

Kahlenberg Industries, Inc.

Directory. Add your logo here with a premium listing.
 
 
 
 
 
 
 
 
 
 

Featured Listings

Tenders & Toys

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.
www.superyachttendersandtoys.com

Water Treatment & Watermakers

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
www.jetsgroup.com

Engine Room, HVAC & Refrigeration

ASEA POWER SYSTEMS
ASEA POWER SYSTEMS is the Marine Industry Leader for Shore Power Conversion equipment ranging in power from 8kVA - 1000kVa.
www.aseapower.com

Satellite Communication

Marlink AS
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.
www.marlink.com

Navigation, Satellite Communication, Security

Raytheon Anschuetz
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.
yacht.raytheon-anschuetz.com

Shore Power Convertors

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.
www.AtlasMarineSystems.com

Paint & Protection

Wrede
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
www.wrede-consulting.com

Electrics, Environmental Solutions, Propellers & Propulsion, Software, Training

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 Azipod® propulsion has proven its efficiency and reliability on yacht vessels with its ultimate silent and ecological solution.
www.abb.com/marine

Add your company listing here

Add a featured listing here and your advert will appear on every page of SuperyachtNews.com, SuperyachtIndex.com, TheSuperyachtReport.com and TheCrewReport.com.

Add my company listing