Notes From The Editor

Week Ending 08/07/2011

It’s been a healthy week for the international superyacht industry in terms of news. Reports have been flooding in regarding new launches, new designs, new partnerships and new sales; generating an encouraging sense of renewal.

Yachting Partners International announced the news of their recent sale yesterday, proudly informing us that the incredible 60m motor yacht Pegasus II has been sold with the help of Denison & Daves.

This was the 6th largest recorded sale of the year, which is an impressive feat for the Monaco-based brokerage firm seeing as the largest sale of the year was the 115m Pelorus by Merle Wood & Associates.

New designs came straight from the drawing board of Rene van der Velden as he introduced his brand-new range of versatile and open 39m concepts alongside Luiz de Basto’s impressive 90m superyacht design based on the characteristic architecture of Oceanco.

The team also attended the Ferretti Group Press Conference in Mayfair today after being invited to the unveiling of three striking new CRN superyacht models, covering 46- 62m.

New partnerships have also been formed this week with ISA joining forces with Yacht Moments to effectively market their superyachts globally and Latvia’s Latitude Yachts partnering with Victoria Investments to achieve the same, essential international reach.

The most recent yachts to hit the water, such as the 70m M/Y Numptia, the 43m Leopard M/Y Tutto Le Marrane, the 30m Tecnomar M/Y Aurora, the 35m M/Y M&M and the ongoing sea-trials of the 77m Feadship superyacht Tango, all give agency to a growing sense of renewal and strength in the market and show people are still building, buying and expanding to meet the challenges of an important but pivotal year for the superyacht industry.