Cecil Wright Newsletter Issue 10

MANE ATTRACTION Artist Sam Sopwith captures the essence of her animal subjects in fine detail, and proves that beauty truly is in the eye of the beholder.

A CLASS ACT Wiltons, the epitome of British fine dining in London, has been part of the fabric of St James’s since 1742.

Issue 10

www.cecilwright.com

CONTENTS

10 MANE ATTRACTION Artist Sam Sopwith

16 AN OLD FLAME Birley Cigars in London Mayfair

18 In this issue we are focused on three very British businesses: Birley Cigars, Wiltons restaurant and Sam Sopwith, a talented fine artist whose work I first came across when I sold a boat to her father. They are each an example of how being exacting in standards can make you exceptional in your sphere. A principle also shared by Feadship, and we continue our series on their craftsmanship in these pages.

In the wake of Hurricanes Maria and Irma we’ve continued our support for the Caribbean by funding ShelterBox, a disaster relief charity, that delivered sturdy tents, water purification systems, first aid kits and necessities to those who were affected across those islands. I’m happy to hear that sending physical shelter made an immediate difference as it’s in our interests to look after these beautiful places as much as it is to look after our yachts.

I hope you’ll find it an enjoyable read,

A CLASS ACT British fine dining at Wiltons

2 – 5 CHARTER NEWS Planning your perfect charter 6 – 7 BROKER NEWS A look at the current market 10 – 11 MANE ATTRACTION Artist Sam Sopwith 14 – 15 CLIMATE CONTROL Feadship Facts 16 – 17 AN OLD FLAME Birley Cigars in London Mayfair 18 – 19 A CLASS ACT British fine dining at Wiltons 20 – 21 TRIP OF A LIFETIME Island hopping paradise 24 THE MARKET Overview of the market 25 MEET THE TEAM Get to know Estelle Hubbard

PRODUCTION Publisher: Cecil Wright & Partners Ltd Editor: Stephanie Drax Design & Production: strattons.com Email: chris@cecilwright.com Front Cover: Sam Sopwith

KISMET

72m Lürssen 2006, refitted 2012

KISMET’s sheer scale alone is impressive – this really is a whole floating world of cool. With her very own basketball court, trampoline, laser tag game, ski boat, elegant 10m Hinckley Tender and Jetboard (a powered longboard surfboard), there’s no end of fun both in and out of the water. Inside, an enormous video wall spans two of the yacht’s five deck levels. The screen consists of 42 separate monitors which connect to exterior cameras, creating an enormous ‘virtual window’ – absolute genius. One of our favourite features has to be the fire pit on deck; such a special and ambient spot for guests to gather, no matter how warm the evening.

Mediterranean, Caribbean or Indian Ocean From USD 525,000 per week

95.2m Lürssen 2014 Mediterranean, Bahamas, Caribbean From USD 1,200,000 per week

TITANIA At every anchorage, the crew of TITANIA busy themselves inflating the yacht’s very own multi-faceted water park and 12.7m waterslide (a slide of giant proportions by anyone’s standards). The tender garage is a never-ending artillery of toys; in a week you may still not have tried them all. In the evening, the beach club turns into a nightclub so the fun can be 24/7 on TITANIA.

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72.00m Dunya Yachts 2013 West Mediterranean, Caribbean

REVELRY

From USD 595,000 per week

In the Bahamas REVELRY is escorted by a 11m centre console Yellowfin sports boat which is tailor made for sports fishing. It’s also perfect for towing her array of toys. Water-skiers will love the Yellowfin, too. Timeless exterior lines bely a yacht which is jam-packed with toys and gadgets including – unusually for a yacht of her size – a massive water slide.

39.00m Hakvoort 2010 West Mediterranean, Caribbean, Bahamas From USD 120,000 per week

AXIOMA AXIOMA’s signature infinity pool has the ‘wow factor’, but there’s much more to the charter experience on this yacht. The crew have made themed parties something of a speciality; their dressing up trunk is a testimony to their sense of fun. And this season they have not just one but THREE trained masseuses. Great news because massage therapists are often the busiest crew members on charter. Hairdressing and all sorts of beauty treatments are available, too. Add together her opulent deck spaces, steam room, massage room, 3D cinema and Jacuzzi with ‘swim – up’ bar: they really have relaxation down to a tee on AXIOMA. No one wants to relax all day, every day though, and there are plenty of toys to make a splash with, including: an epic Chase tender, 2 sailing boats, Seabobs, jet skis, SUPs, an ocean pool, inflatable custom slide and an 8-man banana.

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ALFA NERO Winner of numerous awards, this 80 metre Oceanco combines high-tech performance with iconic lines and a striking interior. One of her most distinctive features is her vast split-level aft deck which incorporates an impressive beach club and a 7 metre infinity-edge swimming pool; this converts at the flick of a switch into a helicopter landing pad or a dance floor complete with sound and lighting system.

Inside, the main saloon is partitioned by a glass screen with a piano lounge on one side, and an atmospheric nightclub on the other, and this area can also be opened up to create one large entertainment area. With a highly professional and attentive crew, ALFA NERO is the ultimate charter yacht.

81.00m Oceanco 2007 Mediterranean From EUR 812,000 per week

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COCOA BEAN This magnificent Trinity is 74 metres of cruising bliss. COCOA BEAN has been strictly private since her launch, but she’s now being made available to charter for the first time through Cecil Wright & Partners. COCOA BEAN offers guests so many wonderful features inside and out. Her five tiers of exterior deck cascade down to a sea level beach club which is brimming with all the latest water sports equipment. The interior is warm and luxurious in style, with a full-beam master suite forward on the main deck and an adjacent lounge that can be closed off via a sliding door. Five further cabins lie below deck including a full beam VIP stateroom with two walk-in wardrobes. COCOA BEAN’s crew go above and beyond with their special touches, making smiles and unique experiences every day. This is incomparable luxury; the perfect platform to create beautiful memories with the people who matter to you most.

74.00m Trinity 2014 Mediterranean, Caribbean From EUR 550,000 per week

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For more information contact Henry Smith on henry@cecilwright.com or call +33 6 40 62 01 51 Central Agent for: ENCHANTRESS SILVER DREAM MIRAGE IV

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ULYSSES 107.42m Kleven

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THE MARKET In the last 6 months we have seen very positive movement in the sales market with just shy of 300 sales at the time of writing.

Within this time, there have been a number of very significant sales including the 107.42m, 2015, Kleven ULYSSES (asking USD 195,000,00), the 78.50m, 2008 / 2015, Lürssen TV (asking EUR 92,000,000), the 73.50m, 2012, Nobiskrug FLYING FOX (asking EUR 67,500,000) and the 73.30m, 2014 Picchiotti GRACE E (asking 78,500,000). There have been 16 sales of yachts over 60m – including those mentioned previously – of which 7 were speculative build projects sold by yards. It is safe to say there is confidence in the market and going forward into the spring we are anticipating several more sales to come.

The number of yachts coming onto the market has not made up for the number of sales, which reinforces my sentiment toward the forming of a stronger market. Yachts coming onto the market include a number of speculatively built yachts. Amels and Heesen, both great Dutch yards known for semicustom series yachts, have seen huge success in this field and Heesen have already sold 6

this year. In the brokerage sphere, other than the Feadships I mention later on, we have the 68m, 2006, Nobiskrug TRIPLE SEVEN asking EUR 44,900,000, the 58m, 2006 / 2014, Amels ASTRID CONROY (asking EUR 33,000,000) and the extraordinary 55.20m, 2011, explorer Picchiotti GALILEO G (asking EUR 28,500,000). These three yachts don’t fill the void that has been created so if you are considering selling your yacht then now might be a good time to action it.

TOP 100 When I joined the industry in 2012 I took it upon myself – as a first step – to memorise the top 100 largest yachts that were currently in operation. To be in the top 100 at that time a yacht needed to have an LOA of 77.40m or more, with the backmarker being the, 1974 / 2016, conversion LEGEND. Since Jan 2013 there have been 41 deliveries that have surpassed 77.40m and to qualify as a top 100 yacht now you need an LOA of more than the 2013 built Lürssen, SOLANDGE’s 85.1m (she was sold in March 2017 asking EUR 155,000,000). Within the top 100 yachts there are currently three available for sale on the open market of which two are of serious

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GRACE E 73.30m Picchiotti

interest. When the 110.10m JUBILEE was launched by Oceanco in 2017 she broke the record for the largest superyacht launched from Holland. Currently asking EUR 275,000,000, we know there to be movement in this. The next is the iconic sailing yacht ATHENA – launched by esteemed Dutch yard Royal Huisman in 2004 (refit 2014) and asking USD 45,000,000, we believe her to be one of the best deals on the market today. As always there are a number of yachts off market that are within this club and there are also some in build projects for sale that, when launched, will be in the top 100 (the most imminent of which can be delivered to a new owner this year).

THE FEADSHIP MARKET There have been five Feadship sales in the last 6 months, the most notable of which were the 55.50m, 2005 / 2015, MADSUMMER (asking USD 29,950,000), 55.00m, 1997 / 2013, HUNTRESS II (asking USD 18,957,000) and the 55.50m, 1983 / 2010, ILLUSION (asking USD 9,500,000).

The other two were the classics ONCLE PAUL (1973) and UTOPIA II (1970).

TRIPLE SEVEN 68m Nobiskrug

We have seen a number of significant withdrawals from the Feadship market in this period, some of which were rather surprising. The 96.55m, 2017, FAITH, the 68.00m, 2010, LADY CHRISTINE, the 60.35m, 2014, ROCK.IT, the 53.30m, 2000, KISSES, the 53m, 1973, MIRAGE, the 46.70m, 1997, DAYBREAK and finally the 46.40m, 2015, KISS are all no longer on the open market. Should one of these be of interest we do have links to each of them.

Fortunately, while we have seen a number of stunning opportunities disappear, a large number have come onto the market and fill almost every size bracket. I have listed them all below but of particular note are ANNA, LARISA and LA MASCARADE. We sold SANOO (ex-KINGDOM COME) to her current owner in 2016 and having refitted her exterior the owner is moving on with the impending delivery of a new yacht.

NEW TO THE MARKET • ANNA – 67.00m, 2007, asking EUR 65,000,000 • SANOO – 60.55m, 1979 / 2017, asking EUR 19,950,000 • PARAFFIN – 60.10m, 2001 / 2010, asking EUR 29,500,000 • LARISA – 57.60m, 2013, asking EUR 44,900,000 • AUDACIA – 48.50m, 1987 / 2011, asking USD 5,995,000 • BELLA – 44.60m, 2008 / 2014 asking USD 24,900,000 • SEAGULL OF CAYMAN – 40.00m, 1980 / 2006, asking EUR 5,900,000 • ARCADIA – 31.10m, 1969 / 2004, asking USD 3,995,000 • LA MASCARADE – 30.00m, 1997 / 2014, asking EUR 4,750,000 • COMANCHE – 26.62m, 1985 / 2004, USD 2,495,000 As ever there are some off market opportunities in both the Feadship market and the wider market, details of which are available on request.

LARISA 57.60m Feadship

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ANNA The 67 metre yacht ANNA was custom built in 2007 by Feadship, featuring a distinctive superstructure design and sleek profile which merges classic yachting style with modern design elements Type Length Beam Draft Gross Tonnage Builder Engines Naval Architect

Exterior Designer

Motor 67.00m / 219.10ft 13.10m / 42.12ft 3.4m / 11.2ft 1,549 Feadship 2 x Caterpillar De Voogt Naval Architects Michael Leach

Interior Designer Built Max Speed Cruising Speed Guests Cabins Crew Hull Hull Colour

Michael Leach 2007 17 knots 14 knots 12 6 18 Steel, Aluminium White

Sales Price

EUR 65,000,000

MANE ATTRACTION Artist Sam Sopwith insists on face-to-face meetings with her animal subjects, be they a feisty camel, skulking crocodile or sedate bassett hound. She captures the essence of their character in fine detail, and proves that beauty truly is in the eye of the beholder.

Sam Sopwith’s skill as an artist materialized quite suddenly when she was 15 years old. It was during a long spell in hospital that she idly copied a postcard of a bassett hound in pencils and found that she could draw well. Shortly afterwards, she spent a year on Vancouver Island in Canada and was encouraged to try art therapy. Inspired by the local landscape and marine life – such as orcas and manatees – Sam produced artwork that surprised even herself: “People looked at the pictures and went “Wow!” and instantly I felt better,” she laughs. She later sold a sketch of two dachshunds to the mother of a friend, and it sparked her career as a professional artist.

MAN’S BEST FRIEND Sam spent two years training at the Charles Cecil Studios in Florence where many renowned artists have honed their classical portraiture skills: “Though I do paint traditional portraits, my choice would always be to paint animals,” she explains. Now 39, she is inundated with commissions from doting owners wanting a tribute to their pets. She travels the world meeting her subjects and takes photographs before working on the piece in her studio in London or Hampshire. Sam’s work is always disarmingly faithful to the animal’s personality: “I get so much from looking into the animal’s eyes and watching how it moves,” she says, “Of course I love to paint from life, but animals won’t sit still!” She chooses the medium – pencil, pastels, charcoal or oil – to suit the form and character: “Hairy animals need the texture that comes from charcoal, whereas smooth muscle definition comes out better in oil.”

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ROYAL SUBJECTS Though Sam has had numerous celebrity, aristocratic and royal clients, she is often found painting for pleasure the majestic creatures that roam the wild.

“I’m mesmerized by lions in Africa and how their feet move, also the commanding but wonderfully passive bulk of an elephant,” she explains. She has painted giant tortoises in the Seychelles, alpacas in Berkshire and large camels in Abu Dhabi (one of which was bought by Galen and Hilary Weston, the owners of a fashion and food empire.) Her favourite piece of work to date is a black thoroughbred horse: “A moving horse is a thing of such beauty and grace, with tremendous musculature,” says Sam. Chris Cecil-Wright first met Sam having sold a yacht to her father, and Chris then commissioned her to paint his two daughters. Sam’s grandfather, Sir Tommy Sopwith, was an avid sailor and competed twice in the America’s Cup with his J-class yachts, ENDEAVOUR and ENDEAVOUR II (and when the former was acquired by a new owner and refitted, he commissioned Sam to paint two portraits of her grandfather to hang on the yacht.) Sir Tommy also founded an aircraft company that produced the Sopwith camel, one of the most iconic fighter aircraft of the First World War. “I always thought it would be fun to paint a camel of the four-legged variety,” says Sam, “I’ve been to Abu Dhabi and painted ten camels now. They’ve lured me in and I can’t seem to stop!” www.samsopwith.com

“ Charcoal is my go-to medium for moving horses – it’s wonderful being able to create something with a stick of charcoal, some paper and only your finger.”

Sam Sopwith

TIARA The 178.05ft /54.27m sail yacht, custom built in 2004 by Alloy Yachts and was last refitted in 2013. This luxury vessel's sophisticated exterior design and engineering are the work of Dubois and her stunning interior is by John Munford. This phenomenally successful charter yacht has been owned by the same individual since 2005.

Type Length Beam Draft Gross Tonnage Builder Engines Naval Architect Exterior Designer Interior Designer

Sail 54.27m / 178.05ft 11m / 36.09ft 5.2m / 17.06ft 428 Alloy Yachts 1 x 1400 Hp CAT Dubois Dubois John Munford

Built/Refit Max Speed Cruising Speed Guests Cabins Crew Hull Hull Colour

2004/2013 14.8 knots 12 knots 10 7 10 Aluminium Navy

Sales Price

EUR 13,950,000

Feadship is the epitome of yacht building.

In every issue we comment on the drive for quality at Feadhship that has come to define the brand.

"There are no better or worse projects that we’ve worked on, because we always strive for the highest possible result.”

Joris Kroesen, Feadship Project Manager

CLIMATE CONTROL There’s a feature of a yacht that is crucial for the comfort of all those onboard but should neither be seen nor heard. HVAC – heat, ventilation and air conditioning – is a complex part of any new build project and the specialist team at Feadship is dedicated to achieving a seamlessly integrated perfect climate – without compromise.

“The comfort of air conditioning on a Feadship is beyond comparison to the air conditioning of any other boat,” says Chris Cecil-Wright. The HVAC implemented by Feaship is delivered with no breeze and little noise – and is kind to the yacht itself: “A Feadship is pretty much heretically sealed,” Chris says, “The wood doesn’t crack or creak and the furniture remains solid, all because the humidity is constant.”

On any new build, Feadship works with Heinan & Hopman, a prestigious company that produces air conditioning systems for luxury yachts, commercial vessels and residential interiors. Royal van Lent and Heinan & Hopman have worked together for the last 20 years on 35 yachts, and always with impeccable results. The calculations and the core of the system are devised and developed by 4 key figures at Feadship and 12 engineers from Heinan and Hopman, and installed by a further 35 mechanical engineers.

UNDER PRESSURE The HVAC system works with air that is taken from outside, super heated to get rid of humidity and bugs, and then

super chilled. Humidity is added back into the air that is then warmed to the temperature required in the rooms. The inside of a Feadship is over pressured, so that when you open a door the cold air flows out and the warm air doesn’t flow in. There are also different levels of pressure from one room to another, so that air and smells do not seep between them if it’s not desirable. The dining room, for example, will have low pressure so that the aromas of food and cigars don’t travel anywhere else.

A COMPLEX TASK It’s the way Feadship lets the air into each room that sets the shipyard apart.

“It’s almost impossible to achieve a climate onboard that you don’t see or hear, and yet that is our goal,” says Joris Kroesen, Project Manager at Feadship, “The difficulty is to integrate the AC system into an aesthetically pleasing interior, so we work very closely with the architect to realize this.”

“The technical areas where the AC units are located are connected to the rooms with large pipes – in the ceiling, in the walls, under the floor – and if you move air at a certain speed it makes noise,” explains Joris. “So, to minimize this, we ensure that the air travels at a low velocity and that the locations where the air enters and is extracted from the room are spread out across the volume of the room.”

Naturally, an architect will want to reduce the size and number of the openings to keep the rooms as streamlined as possible, but the Feadship team will not be swayed.

“In order to get AC that is top end, Feadship will not compromise,” says Joris, “We try to blend it into the interiors where possible, but when we need optimum positions for the openings an architect will have to work around it.”

Slots are needed where the air passes through, so the team will minimize their appearance by creating custom grilles and cleverly located shadow gaps.

Mitigating sound is another challenge.

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AN OLD FLAME Birley Cigars, a tiny shop tucked discreetly away in London’s Mayfair, has distinguished itself in a thriving niche of the luxury goods market.

It sources the world’s rarest Cuban cigars, masterfully matches them with the varied tastes of each client, and provides groundbreaking facilities for storing and ageing this rarefied rolled tobacco.

From the outside, the cigar shop of 5 Hertford Street – Robin Birley’s achingly glamorous private members’ club – reveals nothing; it’s simply a gleaming red door and bell. Within, it is every inch a cigar lover’s utopia: a walk-in Spanish cedar wood humidor containing all twenty-seven brands of hand-rolled Cuban cigars and a plump banquette seat on which to relax and sample one. “I’m an occasional cigar smoker,” says Chris Cecil-Wright, “and Birley Cigars is a hidden treasure.”

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ILLUMINATING MATTERS One of the shop’s five immaculately dressed cigar master sommeliers will acquaint a customer with a spectrum of day-to-day, limited edition and vintage cigars, from Henry Clay and Cuban Davidoffs to the Cohiba 50th Anniversary box (priced at £450,000). The cigar master will guide the client through several considerations, such as the nuances of palate and how long the client intends to dedicate to the smoking experience, whether they crave a burst of flavour or something more mellow, or if they intend to smoke pre or post dinner. Cigar smoking, out of fashion for a time, is de rigueur once more – and

smokers are passionate to learn. “Today’s cigar smoker is more educated than a generation ago,” explains Luiz Murano, the manager of Birley Cigars, “Because of social media, people crave an identity that distinguishes them from others. Over the last decade a new passion for the world’s finest cigars has been born.”

This allows the locker owner to monitor the conditions of their locker remotely and in real-time, as well as check their own inventory online. So, should the owner ever wish to sell their cigars at auction they would have the historic temperature and humidity data to hand, giving provenance – and added value – to every cigar.

SMOKE AND MIRRORS Birley Cigars has itself become engaged with social media, amassing nearly 20k followers on Instagram.

Each image shows a huge array of cigars, decoratively arranged within the company’s cigar vault, reputedly the most sophisticated ageing room in the world. The webpage and Instagram account allow a rare glimpse into the room, located in an adjacent building, which stores 260 lockers belonging to clients. The atmosphere is so pristine it would be possible to conduct surgery in there: “We built a bespoke machine that didn’t exist previously,” explains Luiz, “It produces the relative humidity and ambient conditions we need in this room in order to achieve the best possible ageing for our cigars.”

Each locker features its own hygrometer and fan, thereby creating a humidified locker within a humidified room.

PURE INDULGENCE The Birley Cigar sommelier can assist a client in curating a collection and building an attractive portfolio, but they are also in the business of selling, storing and ageing cigars for a client’s future personal enjoyment. “A cigar is one of the few pleasures that one can enjoy on one’s own,” says Luiz, “You might commune over a glass of cognac, but your cigar experience is yours alone.” www.birleycigars.com

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A CLASS ACT

Wiltons, the epitome of British fine dining in London, has been part of the fabric of St James’s since 1742.

The menu offers an array of the highest quality oysters, seafood and game dishes, but so ardent are the restaurant’s regulars, that few of them ever need to read it.

It was 276 years ago when George Wilton first wheeled his barrows heaving with shellfish into his premises on Cockspur Street. He had a rich customer base in the hay and straw market close by (a street now known as the Haymarket) and his enterprise thrived. Ensuing generations gently evolved the business into a fully-fledged restaurant and today, in its current location on Jermyn Street, Wiltons is one of London’s greatest dining institutions.

The menu is a roll call of British classics, such as Cropwell Bishop Stilton soufflé and Dover sole, Rhug Estate venison and Rose County beef, with daily roasts trundled from table to table by carving trolley. Once Purveyor of Oysters to Queen Victoria by virtue of its Royal Warrant, Wiltons continues to shuck one thousand succulent oysters per week and serves them with their quintessential sidekicks – muslinwrapped lemon, Tabasco and shallot vinegar. The restaurant is located close to the Cecil Wright offices, and so it’s often where Chris chooses to take his clients.

“It’s a very discreet place to have a great lunch, and the service is so good, they make you feel as if you’re the only person there,” says Chris.

BEHIND CLOSED DOORS Popular with MPs – from both sides of the House of Commons – and also with members of the House of Lords, Wiltons was also where controllers at MI5 and MI6 would meet their spies (the booth tables are particularly prized for their privacy). These days it’s more likely buzzing with captains of industry: “It’s the sort of place people want to go to be seen because they’re not going to be seen,” explains Jason Phillips, Wiltons’ Director, “Our clients are often the chairmen and presidents of companies – you’re more likely to see them on the pages of the Financial Times than Hello.”

Wiltons attracts creatures of habit that prefer to sit at their table,

“and they do tend to order the same thing, without looking at a menu,” says Jason.

WELL PRESERVED Change is slow at Wiltons, which is reassuring for its loyal clients.

They can always rely on their favourite dishes being served, and that the ambience will remain the same. The interiors – thick monogrammed carpet, plush green upholstery and subdued lighting – absorb the chatter from tables, every one of them filled with dining guests. “When we reopened after a recent refurbishment, we deemed it a success when the regulars commented that while they knew improvements had been made they were unsure what we’d changed!” Jason explains. Though the jacket and tie policy was relaxed in recent years to lighten the atmosphere, many customers respectfully continue to wear them.

Staff uniforms have the aura of a bygone era, with waitresses clothed in seaweed green dresses with white collars and aprons. The outfits are distinctive, charming and resolutely old-fashioned, the perfect sartorial symbol for this establishment. “Wiltons will always be unaffected by fads and trends,” says Jason, “It doesn’t have to prove itself: Wiltons just is.” www.wiltons.co.uk

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ISLAND HOPPING PARADISE For more information contact the Charter Team on charter@cecilwright.com or call +44 20 7408 1001 +377 97 98 76 60

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Made up of 39 islands in the Aegean Sea, The Cyclades Islands are blessed with an astonishing wealth of historical sites left by countless successive civilisations.

A combination of steady winds, beautiful landscapes and natural harbours makes them an ideal sailing destination with infinite variety. From cosmopolitan Mykonos to rustic Santorini, delicious Sifnos, mystical Patmos and hiddenaway Amorgos, these islands are each a distinct world, with its own passionate followers.

Days 1 & 2: Mykonos Mykonos is known for its long sandy beaches, whitewashed buildings and windmills. Mostly though, the island is known for its sizzling Saint Tropez meets Ibiza style party scene. Whilst you can party until the early hours it’s a great place to unwind, too – the atmosphere is totally unhurried.

Day 5: Folegrandos With only 700 inhabitants and a shockingly bad ferry service, arriving at Folegrandos is rather like a time warp. Anchor for lunch at Vathi which is dotted with small sandy coves. In the evening visit the Chora where the winding alleys all lead to the same tree-lined square where rustic fare is served upon brightly painted tables.

Day 3: Antiparos Take an early private tour of Delos, the mythological birthplace of Apollo. Its sacred Doric temples, markets, amphitheatre, mosaics and lion statues are a UNESCO World Heritage Site. By lunchtime, arrive at Antiparos and immediately feel the tempo drop a notch or two. Lunch could be at anchor the uninhabited islet of Despotiko which has a kilometre long sandy beach, or at The Beach House, a pretty restaurant that opened last year. Later head to Naoussa on neighbouring Paros just across the water; this pretty blue and white painted village comes to life at night.

Day 6: Milos Milos has some of the best and most varied beaches in the Aegean, awesome rock formations, a fascinating history and superb seafood – yet it is often overlooked. All the better for the few who do go there; even in July and August you may find a turquoise bay to yourself.

Day 4: Santorini Santorini is one of Greece’s most iconic, dramatic islands. The island is a caldera, hence it’s horseshoe shape, making it a perfect natural harbour. There are two volcanic beaches – one red, one black. In the evening take a tender to the hidden taverna at Armeni Bay for cod tempura and cherry-tomato fritters. Or take a cable car up to the old town of Fira where blue domed buildings perch perilously over the caldera. Oia to the north is known for its million-dollar views.

Day 7: Spetses The small island of Spetses has a quiet, glamorous feel. The fourmile-long island was a 19th-century outpost and the only form of transport is horse drawn carriages which makes is all the lovelier.

The Poseidonion Grand Hotel hosted Elizabeth Taylor, Bobby Kennedy, Marilyn Monroe and Ingrid Bergman in the sixties – a refined spot for evening drinks.

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MIRAGE IV Built to the highest specification in GRP by UK manufacturer Princess Yachts to RINA Class, up to 12 Guests can be accommodated in 6 en-suite cabins. She features garage/beach club which holds 2 jet skiis and a 6.5m rib. An oversized galley and four generous exterior spaces on the main, bridge, sun and fore decks make this yacht perfect for extended family cruising or charter.

Type Length Beam Draft Gross Tonnage Builder Engines Naval Architect Exterior Designer Interior Designer

Motor 40.16m / 131.9ft 8.02m / 26.4ft 2.29m / 7.6ft 395 Princess Yachts 2 x MTU Princess Yachts Princess Yachts Princess Yachts

Built Max Speed Cruising Speed Guests Cabins Crew Hull Hull Colour

2017 23 knots 10 knots 12 6 7 GRP White

Sales Price

GBP 13,500,000

THE MARKET

557 18.6KM 3.7 107 39

YACHTS SOLD IN THE LAST 12 MONTHS

IN LENGTH

At the moment the market appears calm and undramatic.

I see values holding up, and when good yachts come on the market they sell at reasonable prices.

We only deal with established shipyards and for them it is simply business as usual. Focusing on our small enterprise, looking after our clients well, and taking on new clients with discretion has stood us in good stead.

Our 74m Feadship is due for delivery in July 2018 – it’s extremely exciting and is something the market hasn’t yet seen. In addition to this, we’re working on a couple of new build projects also with Feadship. It’s always a pleasure to work so closely with a shipyard that consistently delivers unparalleled excellence.

BILLION

IN VALUE (EUR)

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LARGEST YACHT SOLD (ULYSSES)

YACHTS OF OVER 70M TO BE DELIVERED THIS YEAR OF WHICH 6 ARE FOR SALE

FEADSHIP FA C T S

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FEADSHIPS SOLD LAST 12 MONTHS

FEADSHIPS FOR SALE OF WHICH 11 ARE HERITAGE

865.67 OF FEADSHIPS SOLD BY CECIL WRIGHT TO DATE

Figures are as of the 13/05/2018 24

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In early 2017 Cecil Wright & Partners had successfully grown to a position in which it needed to employ a dedicated financial controller. Estelle Hubbard joined the team, and happily found that it was a case of ‘all hands on deck.’

When Estelle joined Cecil Wright in May 2017 she had no nautical connections and had never been on a yacht. Her corporate background was in SMEs and private companies, start-ups that required her to muck in on various aspects of the business. A recruitment agent said that the job at Cecil Wright had her name on it: “I’m not a big company person,” says Estelle, “Cecil Wright is not a start-up, but I like to do whatever needs doing beyond the finance; to be a Girl Friday and be helpful to Chris, the company and the clients.”

“The culture here is a welcome difference to others in my 20-year career,” she says, “It’s very people orientated, entirely bespoke and such a high level of service. Everyone is at the top of their game.”

And Estelle has now been on her first yacht: an exciting new build at Feadship. The client allowed the Cecil Wright team to board the boat during a company visit to Feadship last Christmas, and Estelle was overawed. “The workmanship was extraordinary. The shipyard – out in a beautiful part of the countryside – was so inspiring. I feel very lucky to have been there – little me and my calculator!”

Estelle’s focus is on consolidated management accounts – payments, pay roll, cash flow and end of year accounts – as well as ensuring the systems are well managed. She has had to consider both the different regulations that come with having a Monaco office and the new addition of cryptocurrencies within finance since she joined the company. But she admits that she’s had to shake off a serious corporate manner and relax into the new role:

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THE TEAM Maria Botwright Mobile: +377 6 40 62 01 50 maria@cecilwright.com Chris Cecil-Wright Mobile: +44 7920 557 837 chris@cecilwright.com Liz Cox Mobile: +33 6 72 54 36 82 liz@cecilwright.com Estelle Hubbard Tel: +44 20 7408 1001 estelle@cecilwright.com Lucinda Rosen Mobile: +44 7467 136 305 lucinda@cecilwright.com Matthew Ruane Mobile: +44 7797 722 024 matthew@cecilwright.com Henry Smith Mobile: +33 6 40 62 01 51 henry@cecilwright.com

Claire Van Der Vorm Mobile: +44 7747 586 642 claire@cecilwright.com

THE OFFICES London Cecil Wright & Partners Ltd 73 St James’s Street London SW1A 1PH UK Tel: +44 20 7408 1001 Monaco Cecil Wright & Partners Sarl Le Mirabel 4 avenue des Citronniers MC 98000 Monaco Tel: +377 97 98 76 60

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Cecil Wright accepts no responsibility for the opinions or information contained in this publication. While the information in this publication is intended to be accurate no representation or accuracy or completeness is made.