BEST YEAR EVER FOR THE SUPERYACHT INDUSTRY Key players in the superyacht industry including superyacht brokers and shipyards have revealed a positive start to 2016 with strong sales, continued growth and optimism.
number of superyacht shipyards revealed strong starts to 2016 including Amels, which currently has 10 Limited Editions superyachts and five Damen Yacht Support vessels in build at its facilities. Fellow shipyard Heesen Yachts currently has 10 superyachts under construction, ranging from 47m to 70m in length. - 2016 is going to be a very exciting year for us as we’re going to launch the largest project to date, Kometa, a 70m superyacht, says Sara Gioanala from Heesen Yachts According to figures from Boat International, superyacht sales increased by 40% between 2014 and 2015. In the newest edition of its annual Wealth Report, property agent Knight Frank also commented not only on the growth of sales in the superyacht industry, but the perception of yachting among ultra-high-net-worth individuals, “In danish maritime magazine
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a world where many UHNWIs are cash rich yet time poor, yachting continues to provide the ultimate sanctuary for privacy and an opportunity to spend quality time with family and friends.”
for 2016. Rupert from Burgess Yachts also attributed the health of the overall market to the strong US dollar, as well as a “sizeable client base of UHNW Americans with a good appetite for superyachting.”
In line with this growth trend, Yachting Pages Media Group, a specialist in products and services for the superyacht industry has confirmed increased revenue for its print directories and record profit for both its website and delivery service.
When asked about the US market, Sara Gioanala from Heesen Yachts commented: - We are investing a lot in the US market and look forward to the results!
Michelle Williams from Yachting Pages: - More and more marine businesses want to invest in advertising, because they can clearly see return on investment. Captains and crew are spending large amounts of money on supplies and services and they want to be found. The US sector in particular is looking to be both a source of success and a target market
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As well as builds and sales, superyacht shows are seeing a promising start to 2016, with a number of shows reporting record visitors, including Yachts Miami Beach and Boot Dusseldorf. London Boat Show in particular saw a rise in industry revenue and continued growth in the domestic market.
SOURCE: YACHTING PAGES