1 Jul 2013
By
Rebecca Curran
Comments
Chris Callahan, Marketing Director at Moran Yacht Ship shared that “despite the economic news globally, the brokerage market has continued to rebound.” With the summer charter season now in full swing, Callahan explained “we have seen a significant increase in both enquiries and offers from all of our offices worldwide, and we expect this trend to continue throughout the summer and into the boat show season as buyers are looking to secure financing before the cost of borrowing increases with rising interest rates”.
The weeks running 18 June – 1 July saw four sales completed, seven new central agencies announced, seven price reductions made and two yachts withdrawn from the market.
Superyacht Sales
The largest sale completed this week was through Thom Conboy of Merle Wood Associates with 46.5m Latitude. Completed by Timmerman Yachts in 2008, she was listed at €14,950,000 with YachtZoo representing the buyer.
Two sales from Camper Nicholsons this week: 36.9m Joseph Conrad, built by GS in 1916 was sold through Jeremy Comport and Richard Higgins with an asking price of €1,250,000 in an in house deal; and Simon Goldsworthy has sold 31.2m 2008 Admiral Yachts built Luna, with an asking price of €2,950,000 and Pacifica Yachting representing the buyer.
The final sale this week comes from YachtZoo with 34.53m Stella. Built by Sunseeker in 2011, she was listed at €7,500,000.
New Central Agencies
There were six new CAs announced this week, increasing slightly from the six announced last week. The new listings had a total combined length of 314.27m, with their combined asking prices totalling €50,344,890 ($65,536,227), although two prices are being kept confidential.
The largest new CA announced this week was 67m Shadow Marine built Global. Currently listed through Moran Yacht Ship, she has an asking price of $15,950,000.
Camper Nicholsons has announced new listing, 45.7m Wider 150 Hull 2, to be completed by Wider in 2015.
Eric Trupheme of Ocean Independence has announced new listing 39.62m Ineke IV this week. Completed by Lloyd Ships in 1990, she is currently listed at €2,900,000.
Think Yachts Asia has listed a new build project with the Nedship 41m. Currently looking for a buyer for completion, she is laying in the yard with a negotiable price tag.
Michael Mahan and Peter Thompson of Worth Avenue Yachts are the new co-agents for 2007 ISA built 36.45m Sealyon, listed at $7,500,000.
Two new listings from YachtZoo this week: 46.5m 2008 Timmerman Yachts built Latitude has been put back on the market just days after being sold, at €14,950,000; while Mark Burdis has listed 38m 2011 Danish Yacht built Shooting Star, on the market at €14,500,000.
Price Reductions
Price reductions remain on par with last week, with seven reductions made in total. The following yachts are still on the market and looking for buyers:
The largest yacht to be reduced this week was 41m Ouranos Too, completed by Codecasa in 1994. Listed through Michel Chryssicopoulous of Cape 4 Yachting and Fraser Yachts, she is now on the market at €3,950,000.
Mikhail Zhitnikov of MZ Yachts has reduced 34.95m 2006 Benetti built Dream On II to €6,200,000.
Two reductions this week from Ocean Independence: Mario Velona has reduced 40.8m 2011 San Lorenzo built 40.8m Scorpion to €14,990,000; while Bjorn Vang-Mathisen has listed 29.8m 1975 Benetti built Favorita at €1,450,000.
Two reductions from Worth Avenue Yachts this week: Michael Mahan and Mark Osterhaven have reduced 2006 Westport built 31.08m Domino to $6,250,000; while Simon Gibson and Leonce Richard are joined by Performance Boats in the reduction of 30m Mi Cielo, built by Azimut in 1997 and refit multiple times, including last year, to $2,150,000.
The final reduction this week comes from Yachts Greece with 33.32m 1997 Custom Steel Displacement 2240, now on the market at €1,150,000.
Other News
39.8m Little Fish, completed by Heesen Yachts, and Balk built 36.4m Lars from 1995 have both been withdrawn from the market at this time.
Please send all brokerage news to newsdesk@thesuperyachtgroup.com
Comments
Add a comment
Having problems? Let us know editor@superyachtnews.com