Superyachts sold in September 2009

September saw a number of 2009 brokerage sales records broken, with 24 superyachts reported sold at asking prices totalling nearly €374 million. This was well above the combined total of July and August of €340 million and, indeed, the first four months of the year when, between January and the end of April, yachts at total asking prices of €372 million were sold. It was also the month when very large yachts came into their own, as Lurssen’s 59.4m Oasis, the 70.5m Boadicea from Amels, Benetti’s 56m Allegro and the 64.5m My Shanti, again from Amels, all found new owners. So, have we moved from the slough of despond to the broad, sunlit uplands of increasing volumes and values of sales?

Charlie Birkett of YCO comments: “Understandably, expectations for what was once the start of the busiest season for yacht sales were conservative across the industry this year, and major brokerage houses reacted cautiously even to the apparent signs of recovery in August. However going into September we saw recovery consolidated somewhat with sales of the 60m+ yachts of prestigious yards and, speaking to other leading brokers at this year’s Monaco Yacht Show, the mood was certainly more optimistic. »The data presented below is based on reported sales by brokers and the yachts’ asking prices at the time of sale and of course we have to remind readers that some sales are so discreet that they pass under the radar.

Name	Length	Builder	Asking Price	Listing Broker	Buyer Broker
Allegro	56.00m	Benetti	$39,500,000	Merle Wood & Associates	International Yacht Collection
Amore	32.92m	Monte Fino	$2,450,000	J Woods Marine Group	Chamberlain Yachts
Atlantica	24.89m	Nautor	€ 3,500,000	Nauta Yachts	Yachting Solutions
Berenice	28.60m	Samuel White	£295,000	Berthon	Berthon
Black Mamba	25.00m	Sunseeker	£1,740,000	Dbeere Yachts	Dbeere Yachts
Boadicea	70.50m	Amels	Withheld	Burgess	Burgess
Caramia	27.00m	Arno	€ 4,500,000	Camper & Nicholsons International	Fraser Yachts
Caribbean Sparkle	32.59m	Denison	$1,495,000	The Marine Group	The Marine Group
Celtic Dawn	31.45m	Astondoa	€ 2,900,000	Ocean Independence	Ocean Independence
Commitment	39.69m	Carp Navi	€ 4,500,000	Camper & Nicholsons International	Camper & Nicholsons International
Cormar	25.00m	Naumachos	€ 5,000,000	Bartram and Brakenhoff	Bartram and Brakenhoff
Freedom	32.00m	Broward Marine	€ 2,950,000	International Yacht Collection	Chamberlain Yachts
Lady Ann Magee II	65.00m	Codecasa	€ 47,000,000	Edmiston, YPI and CNI	Direct
Les Belles	36.00m	Millenium	$4,900,000	Chamberlain Yachts	Atlantic Yacht and Ship
Mirabella	40.00m	Concorde Yachts	$2,900,000	Camper & Nicholsons International	Camper & Nicholsons International
My Shanti	64.50m	Amels	$103,000,000	Merle Wood & Associates	Merle Wood & Associates
Northlander	38.16m	Moonen	Withheld	Moonen Brokerage	Moonen Brokerage
Oasis	59.40m	Lurssen	€ 59,500,000	YCO and Burgess	YCO
Rainmaker	34.00m	Westport	$4,750,000	Westport Yacht Sales	The Sacks Group
Safari Escape	34.10m	Lloyds	$1,295,000	Fraser Yachts	Fraser Yachts
Stultifera Navis	26.00m	Feadship	$795,000	Ardell	Ardell
Under The Sun	24.99m	Horizon Drettmann	£999,950	JD Yachts	JD Yachts
Wheels	37.80m	Trinity Yachts	$9,950,000	International Yacht Collection	International Yacht Collection
Whitehawk	32.00m	O. Lie-Nielsen	$2,900,000	Camper & Nicholsons International	Camper & Nicholsons International

Going back to Charlie Birkett at YCO, he concludes: “It is true that brokers are working harder than before to secure a sale but this is no bad thing, and the future for the astute, knowledgeable broker is certainly looking brighter now than this time last year. »

The first chart below shows the value of yachts sold since January 2009 and clearly demonstrates September’s large market share for the year so far, looking like a Manhattan skyscraper on Main Street USA.

Superyacht Sales by Month, January – September 2009

The second chart below indicates the value of sales by length and shows that large yachts in the 50-70m range, at €323 million, have finally overtaken those in the 40-50m range, currently at €299 million. Meanwhile, the sale of the 70.5m Boadicea adds an extra fillip to the 70m+ size of superyachts, with total values sold in 2009 running at €394 million.

Superyacht Sales by Length, January – September 2009

Source: Boat International

Tags: Superyacht sales

Category: Industry