Yachting Intelligence

Access Superyacht Nr 23 Winter 2010

You can download this issue here

Yachts and sports boats are the latest must-haves for the super rich in India.

Forget the marinas on the Mediterranean and Caribbean Sea, yachts are sailing smoothly into makeshift marinas in India, off the shores of Alibaug, Kochi and Goa.

The financial downturn may have knocked the wind out of the luxury yacht market in the West. But in India, buying fancy liners is a growing trend among the super-rich — everyone from business tycoons and oil barons to bankers. You have Vijay Mallya, of course, self-appointed King of Good Times and proud owner of numerous yachts, including the 311-feet Indian Empress, which is often used to promote his Formula One team. Lire la suite »

A number of Pacific islands are looking to cash in as superyachts venture further afield in search of new cruising areas.

Tahiti in French Polynesia is one such island offering not just a beautiful cruising location but presenting a package which caters for most of the needs for a superyacht. The local tourism organisation sees superyachts as holding growth potential not in big numbers but more a gradual increase over a period of years.The port of Papeete, which serves the capital, has made specific investments designed to attract superyachts to the area. The Papeete Yachts Quay is able to accommodate craft up to 80m. This offers a convenient central location in the port for visiting yachts. Lire la suite »

Superyacht captains will never be ultra-wealthy like the yacht owners they work for but the lifestyle certainly makes up for it.

Rubbing shoulders with the world’s elite, they spend most of the year sailing through some of the world’s most enchanting spots.

What’s more, they take home a six-figure salary for the pleasure of living on an exclusive yacht with all the mod cons — a swimming pool, cinema and helicopter come as standard.

It’s hardly surprising, then, that some people consider captaining a superyacht to be one of the best jobs in the world. Lire la suite »

Dubai has more to offer than the Carribean because of its modern marina facilities

The global and regional leisure marine market is recovering slowly but surely, industry sources say.

« The über-luxury segment was never hit as there were no cancellations of orders for superyachts, » Chrisopher Behne, Managing Partner of BehneMar, told Emirates Business. « However the mid-segment, which was hit globally, is now recovering. We have seen a lot of interest since January this year. » Behne is one of the exhibitors at the Dubai International Boat Show (Dibs), that starts on March 9. Lire la suite »

PARIS, March 4 (Reuters) – French luxury brand Hermes is exiting a luxury yacht joint venture with shipbuilder Wally, saying it is not experienced enough to complete the project, its chief executive told Reuters.

The two partners had unveiled a full-sized model of their mega yacht, « WHY », in Monte Carlo in September.

« We are currently in the phase of carrying out the project, which is technically complex and which requires on-the-spot decisions, » said Hermes CEO Patrick Thomas on Thursday.

« It seemed a good idea to us to have only one decision-maker and we naturally decided to hand the reins over to Wally. » Lire la suite »