Yachting Intelligence

Victims of Pakistan’s widespread flooding will soon be receiving aid delivered in special boats donated by a UAE benefactor.

Ian Lawrie, the managing broker at ART Marine, a yacht-chartering company based in Dubai, is organising the donation of 10 Zodiac boats to the Aman Foundation, a non-profit organisation based in Karachi.

The boats will join another 10 Zodiacs donated from the United Kingdom. The foundation will use them in conjunction with Pakistan’s navy to help deliver food and other types of aid and rescue those stranded by the floods, which cover about one-fifth of the country and have displaced as many as four million people. Read the rest of this entry »

« The moment I saw her, I fell in love with her. I felt it was my duty to save her, » declares Vincenzo Onorato, owner of Moby Lines Ferries and the president of Mascalzone Latino, the Americas Cup Challenge sailing team.

He is talking about his passion, a dilapidated tugboat that he had lovingly restored—to the tune of around €17 million ($21.4 million).

The 53-year-old Neapolitan entrepreneur chanced upon the neglected old ship, at the time called the Henry Morgan, several years ago, at the back of an Italian boatyard. Dating back to 1932, and used for commercial haulage during World War II, the 40-meter boat lay rusting and ready to be dismantled for parts. Read the rest of this entry »

The exiled oligarch was forced to sell the 360-foot vessel, named Darius, to one of the world’s richest Arab dynasties after failing to raise the funds to meet contractual payments.

The yacht suffered serious flood damage due to a leaking porthole while it was being built at a shipyard in Bremen, Germany.

He sold the boat to the Al Futtaim family from the United Arab Emirates at a cut-price of £200 million in October 2008.

But now the High Court has ordered him to pay £6 million to the yacht brokers Edmiston & Company after ruling that he owed the company commission for their role in marketing the part-finished yacht. Read the rest of this entry »

The Superyacht Singapore Association is pleased to announce an outstanding international speaker faculty to address the second Asia Superyacht Conference.

This conference represents the ideal opportunity to join over 200 industry influencers for a two-day event.

The speaker faculty includes – Jean-Jacques Lavigne – Superyacht Singapore Association; Gordon Hui – Sunseeker Asia; Charles Dickson – Marine Queensland – Gold Coast; William Jelbert – McConaghy Boats China; Rob Hossack – Captain M/Y Maverick II; Colin Dawson – Expat Services; Oh Kean Sean – Pen Marine; Greg Parker – Yard 37; Gareth Twist – Ruea Yachts; Nick Coombes – Asia Pacific Superyachts; Simon Farmer – Borneo; Richard Howe – Yacht Survey & Services Pte Ltd; Read the rest of this entry »

Today, Fraser Yachts announced the launch of a comprehensive new web site, www.fraseryachts.ru, developed exclusively for their Russian clients around the world.

The site constitutes the first Russian web portal in the world to be developed by a major, international luxury yacht brokerage company.

Hein Velema, Fraser Yachts’ CEO stated that he’s delighted to be leading the market in this important region and announced “Our Russian clients have been increasingly active in recent years and it’s essential that they are able to access current and comprehensive information on the luxury yacht market. Read the rest of this entry »

The Sacks Group Yachting Professionals Brokerage Division is pleased to announce that the 124-foot motor yacht SEA OWL is a new Central Agency Listing. When she originally was launched from Delta Marine, this much-heralded custom yacht (ex-LADY LINDA) was named ShowBoats International’s “Best Motor Yacht of the Year”.

“This yacht is outstanding in every aspect, from her tank-tested naval architecture and high-tech composite construction to her state-of-the-art VSAT communications package, which makes her one of the few boats in the international megayacht fleet capable of supporting video conferencing,” said Bruce Schattenburg, The Sacks Group’s Managing Director/Yacht Broker. “Professionally managed by IMA Yachts in Fort Lauderdale, SEA OWL has been impeccably maintained and extensively updated. Read the rest of this entry »