2 Sep 2013

By
Rebecca Curran

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Eric Trupheme experienced a busy week in the Ocean Independence office last week with two sales closed. He spoke with SuperyachtNews.com following the sale of Obsession II and shared she was a “direct to client sale, with no other brokers involved”. Incidentally, Paolyre, Trupheme’s other sale last week, was closed direct to client as well. She “was a very fast sale and her new owner plans to keep cruising the Mediterranean for the season”. While the sailing yacht market has not fared as well as motoryachts in recent years, Trupheme believes we are slowly beginning to see an improvement in this sector.

As for the market on the whole, Trupheme shares “we are seeing many positive points, certainly an improvement to past years. With it remaining a buyers market, we are seeing more people looking to enter the market which shows much promise for the future.” Trupheme shares he and the Ocean Independence team will be at Cannes and MYS “as every year, meeting with clients, making new contacts and hopefully those will lead to future yacht sales”.

The week running 28 August – 2 September saw six sales completed, eight new central agencies announced, and five price reductions made.

Superyacht Sales

The largest sale completed this week was 56m Galaxy, completed by Benetti in 2005. Sold through Burgess directly, she was listed at €19,950,000.

Merle A. Wood of Merle Wood Associates has sold 2007 Trinity Yachts built 49m Maidelle. Listed at $19,950,00, International Yacht Collection introduced the buyer in the sale.

Moran Yacht Ship have sold 39.62m Mary Alice II, completed by Westport in 2002, with Northrop Johnson introducing the buyer at an asking price of $8,950,000.

Two sales as mentioned by Eric Trupheme at Ocean Independence: 34.2m 2002 CIM built Obsession II had an asking price of €2,500,000 and was sold direct to client; while 2008 OCEA built 32.7m Paolyre was also sold direct to client, with an asking price of €3,900,000.

The final sale this week comes from Spirit Yachts with their own 30.66m Gaia, completed in 2007. She was listed at €3,000,000 with Camper Nicholsons introducing the buyer.

New Central Agencies

There were eight new CAs announced this week, slightly dipping from the nine announced last week. The new listings had a total combined length of 371.69m, with their combined asking prices totalling €91,220,319 ($120,786,354).

The largest new CA announced this week was 50.8m Auspicious, completed by Mondo Marine in 2009. Refit earlier this year, she is listed through Vesa Kaukonen at K K Superyachts for €18,900,000.

New listing for Camper Nicholsons this week with 33.91m Jiva, built by Sunseeker in 2008. She is currently on the market at €4,995,000.

Kent Chamberlain of Chamberlain Yachts has listed 2009 35.05m Monte Fino built Miracle, on the market at $3,750,000.

Ken Burden of Fraser Yachts has listed 49.8m Shu She II, completed by CRN in 1998 and refit this year, on the market at €9,900,000.

Merle Wood and John Cohen of Merle Wood Associates have listed 43.28m 1987 Feadship built Mahogany, for sale at $9,850,000.

Peter Hurzeler and Axel Douque of Ocean Independence, and Moonen Brokerage, have jointly listed Moonen new build, 30.75m Moonen 100 for sale at €10,900,000.

Simpson Marine has listed 2002 Falcon Yachts built 32.5m Aquarius S for sale at $2,975,000.

The final new listing this week comes from YachtZoo with 44.8m 2006 Izar built Tuscan Sun, currently priced at $19,950,000.

Price Reductions

Price reductions were nearly halved this week with five announced, compared with the eight 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 2011 Trinity Yachts built 58m Lady Linda. Currently listed through Frank Grzeszczack And John F. Dane of International Yacht Collection, her new price is $43,500,000.

Another reduction from IYC this week with Kevin Bonnie reducing 1999 Heesen Yachts built 39.1m Red Sapphire to €7,500,000.

Jointly listed 51.4m Lazy Z, completed by Oceanco in 1997 was reduced to $13,900,000 by Merle Wood Associates and Burgess.

Elena Canepa of Pegaso has reduced 30.26m 2011 Southern Wind build, Cape Arrow to €6,900,000.

The final reduction this week comes from Mark Osterhaven of Worth Avenue Yachts with 1991 Broward built 42m A I, now priced at €4,000,000.

Please send all brokerage news to newsdesk@thesuperyachtgroup.com

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