Is it going to be a ‘Madsummer’ for sales?
Ross Tannock of Moran Yacht & Ship speaks with SuperyachtNews.com following two sales from the team, including 45m M/Y ‘Madsummer’.…
Following his recent sale of 45m Madsummer, Ross Tannock, broker at Moran Yacht & Ship shared with SuperyachtNews.com that “the process was actually very straightforward … the buyer knew that there were few quality yachts on the market, and being a Feadship, Madsummer was at the top of his list”. As for the 2014 landscape, Tannock commented that “2013 was strong for brokerage sales; the best in years. This momentum has carried on into the first quarter of 2014 and we expect it to continue through the summer season”. However, he has also noticed that there has been “a decrease in supply of large quality charter yachts … [however] the 94m Lurssen Kismet II will join our charter fleet in September, filling a void in the market”.
The week running 23 – 28 April saw five sales completed, three new central agencies announced, and four price reductions made.
Superyacht Sales
The largest sale this week was through Burgess with 1990 Feadship de Vries built 49.8m Inevitable. Listed at $16,250,000, the deal was closed with Merle Wood & Associates introducing the buyer in the transaction.
Merle Wood & Associates, with Allied Marine, have sold 1988 Brooke Marine built 35.96m Deep Blue, listed at $1,450,000.
As mentioned, two sales from Moran Yacht & Ship this week: Tannock sold 2008 Feadship Royal van Lent completed 45m Madsummer, priced at $27,500,000; while the team also closed on 1994 Broward built 34.6m Abbracci, priced at $3,250,000.
The final sale this week was through Wes Sanford and Kevin Merrigan of Northrop & Johnson with 2008 Westport completed 39.62m Stellar, priced at $12,995,000 with Atlantic Yacht & Ship bringing the buyer.
New Central Agencies
There were three new CAs announced this week, settling back down from the 12 of last week. The new listings had a total combined length of 123.9m, with their combined asking prices totalling €21,764,998 ($30,027,780).
The largest new CA announced this week was through Burgess with 2010 Oceanfast built 48m Australis, for sale at €13,950,000.
Yannis Mitsopoulos of Ocean Independence listed 2008 Halkitis Urania built 40m Corvus, priced at €3,500,000.
The final new listing was also through Burgess with 1995 Camper & Nicholsons completed 35.9m Yanneke Too, priced at $5,950,000.
Price Reductions
Price reductions fell back down to four from the 18 of last week. The following yachts are still on the market and looking for a buyer:
The largest yacht to be reduced this week was through Alex Busher of Edmiston with 2009 Baglietto built 44m Apache II, now priced at €12,500,000.
Michel Chryssicopoulous of Cape 4 Yachting and Fraser Yachts have reduced 1994 Codecasa built 41m Ouranos Too, to €3,750,000.
Moran Yacht & Ship have reduced Hakvoort build from last year, 39.7m Apostrophe to €26,500,000.
The final reduction this week is from Christopher Cook of United Yacht Sales with 1962 Benetti built 29.8m Fantastique, now priced at $674,000.
Please send all brokerage news to newsdesk@thesuperyachtgroup.com
To receive breaking news notifications, download our free app.
The week running 23 – 28 April saw five sales completed, three new central agencies announced, and four price reductions made.
Superyacht Sales
The largest sale this week was through Burgess with 1990 Feadship de Vries built 49.8m Inevitable. Listed at $16,250,000, the deal was closed with Merle Wood & Associates introducing the buyer in the transaction.
Merle Wood & Associates, with Allied Marine, have sold 1988 Brooke Marine built 35.96m Deep Blue, listed at $1,450,000.
As mentioned, two sales from Moran Yacht & Ship this week: Tannock sold 2008 Feadship Royal van Lent completed 45m Madsummer, priced at $27,500,000; while the team also closed on 1994 Broward built 34.6m Abbracci, priced at $3,250,000.
Madsummer was sold in house
through Moran Yacht & Ship this week
through Moran Yacht & Ship this week
The final sale this week was through Wes Sanford and Kevin Merrigan of Northrop & Johnson with 2008 Westport completed 39.62m Stellar, priced at $12,995,000 with Atlantic Yacht & Ship bringing the buyer.
New Central Agencies
There were three new CAs announced this week, settling back down from the 12 of last week. The new listings had a total combined length of 123.9m, with their combined asking prices totalling €21,764,998 ($30,027,780).
The largest new CA announced this week was through Burgess with 2010 Oceanfast built 48m Australis, for sale at €13,950,000.
Australis
Yannis Mitsopoulos of Ocean Independence listed 2008 Halkitis Urania built 40m Corvus, priced at €3,500,000.
The final new listing was also through Burgess with 1995 Camper & Nicholsons completed 35.9m Yanneke Too, priced at $5,950,000.
Price Reductions
Price reductions fell back down to four from the 18 of last week. The following yachts are still on the market and looking for a buyer:
The largest yacht to be reduced this week was through Alex Busher of Edmiston with 2009 Baglietto built 44m Apache II, now priced at €12,500,000.
Apache II
Michel Chryssicopoulous of Cape 4 Yachting and Fraser Yachts have reduced 1994 Codecasa built 41m Ouranos Too, to €3,750,000.
Moran Yacht & Ship have reduced Hakvoort build from last year, 39.7m Apostrophe to €26,500,000.
The final reduction this week is from Christopher Cook of United Yacht Sales with 1962 Benetti built 29.8m Fantastique, now priced at $674,000.
Please send all brokerage news to newsdesk@thesuperyachtgroup.com
To receive breaking news notifications, download our free app.
Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry’s most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.
