26 September 2016

24 Jul 2015

CRN’s ‘Kanaloa’ for sale with Northrop & Johnson


Northrop & Johnson brokers Jonathon Browne and Ed Dickinson have listed the 48.2m CRN build M/Y Kanaloa for sale.

Kanaloa is currently undergoing a 24-month multi-million euro refit at Compositeworks in La Ciotat, France, and is set for completion next month. Amongst the work completed is a full hull restoration, restored teak decks, a full repaint, refitted crew quarters, and a new AV system.

She is packed with 2x Deutz (2,285HP) engines, which allow a 12-knot cruising speed. The monumental 8,800nm range is testimony to why she has had such an impressive charter history in the Mediterranean. It’s even more impressive when you realise that the average range of 45-55m motoryachts delivered this year has been 4,313nm.

With a build year of 1996, she is the fourth oldest yacht to be listed between 45 and 55m this year. If we look deeper into the 45 to 55m sales listings specifically, we can deduce that with an asking price of €6.5 million, she is one of the lowest priced motoryachts to be listed for re-sale in 2015 (45 to 55m), and is priced at roughly a third of the average listing price for the year, which is €20.08 million at this point.
Data from The Superyacht Intelligence Agency shows that in the last two quarters of the year, there were 13 sales made in 2014, 27 in 2013 and 18 in 2012 (45 to 55m). As you can see from the chart below, the quarterly sales have been somewhat sporadic in this size segment since 2012. In more recent times this segment has appeared to be less favourable, as only 18.6 per cent of all 30m+ sales last year were in the 45 to 55m size category; a drop from the 26.9 per cent made in 2013.

Chart: 45-55m quarterly sales from 2012-2015

LOA: 48.2m
Year of build: 1996
CA: Northrop & Johnson
Asking price: €6,500,000

Profile links

CRN Costruzioni Riparazoni Navali SpA

Northrop and Johnson


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


Get regular updates from SuperyachtNews with our weekly Email Newsletter.



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

Engine Room, HVAC & Refrigeration

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

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

Paint & Protection

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

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.

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.

Shore Power Convertors

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.

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.

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.

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