The superyacht market is the strongest it has been for several years. There are more vessels being built around the world now than at any time since the end of the global financial crisis. According to Boat International, there have been 3.01 billion euro in superyacht transactions from January to December 2015. Italy is still the biggest superyacht producer in the world thanks to the leading shipyard Azimut Benetti, which has 63 vessels in build. The Netherlands is in second place and Turkey in third.
Dutch shipyard Feadship started the year with the launch of the 57m Halo, outfitted in record 33 months at the special request of the owner, and boasting an eye-catching exterior profile and fantastic sun deck. The striking 46,40m Kiss also hit the water this year, unveiling an exclusive owner's deck and beautiful black livery, the most complex paint job undertaken on a superyacht to date. The all-new highly innovative 44,20m Moon Sand was also launched as well as the imposing 92,50m Royal Romance, hosting a 12-metre pool connected to a waterfall lit up by LEDs.
Timothy Hamilton, Director of Feadship America, says that 2015 was one the best years in terms of sales in the shipyard's history: "We did especially well in the USA and in Asia. The projects continue to get larger on average, but we also signed a few more "normal" size yachts. We look to 2016 to be more of 2015 with strong demand and ever larger projects."
Interesting to note that the market has been boosted by the growing demand for explorer yachts. "I saw an increase in explorer yacht sales & new construction projects as I feel this is going to continue to grow in popularity around the world as yacht owners want to explore more parts of the world than the traditional cruising grounds of Mediterranean/Caribbean", explains Alex Clarke, Managing Director of Denison Yachts. He continues: "Adventure and less traveled areas such as Ushuaia or the South Pacific, or the North West Passage, or the Fjords of Norway will become within reach of expedition yachts that have a range of 5,000nm such as Cantiere delle Marche are building".
Despite the fact that some of the shipyards were seriously affected by Russian crisis, Denison Yachts' clients benefited from the recession and a weak ruble, as many yachts owned by Russians were available for sale for below market value. Hamilton also admits that Russia was indeed very quiet with the sales. "But fortunately the continued strength out of the American market and significant optic in the Asian market filled the void", he adds.
The continuing trend for 2015, according to Alex Clarke, is that the Russian buyers backing away from buying or building larger yachts. He states: "Charter continues to be increasingly popular and as we all know 75% of new buyers have chartered in the past so sales will continue to follow this trend. And new construction projects have jumped up pushing many order books out to 2017-18 at successful shipyards like Feadship, Oceanco, Cantiere delle Marche, and Heesen".
The world's biggest superyacht in build this year is known as Project Omar. The 156 metre motor yacht is being built at German yard Lurssen, the company responsible for the biggest yacht in the world: the 180 metre Azzam.
Dutch shipyard Feadship started the year with the launch of the 57m Halo, outfitted in record 33 months at the special request of the owner, and boasting an eye-catching exterior profile and fantastic sun deck. The striking 46,40m Kiss also hit the water this year, unveiling an exclusive owner's deck and beautiful black livery, the most complex paint job undertaken on a superyacht to date. The all-new highly innovative 44,20m Moon Sand was also launched as well as the imposing 92,50m Royal Romance, hosting a 12-metre pool connected to a waterfall lit up by LEDs.
Timothy Hamilton, Director of Feadship America, says that 2015 was one the best years in terms of sales in the shipyard's history: "We did especially well in the USA and in Asia. The projects continue to get larger on average, but we also signed a few more "normal" size yachts. We look to 2016 to be more of 2015 with strong demand and ever larger projects."
Interesting to note that the market has been boosted by the growing demand for explorer yachts. "I saw an increase in explorer yacht sales & new construction projects as I feel this is going to continue to grow in popularity around the world as yacht owners want to explore more parts of the world than the traditional cruising grounds of Mediterranean/Caribbean", explains Alex Clarke, Managing Director of Denison Yachts. He continues: "Adventure and less traveled areas such as Ushuaia or the South Pacific, or the North West Passage, or the Fjords of Norway will become within reach of expedition yachts that have a range of 5,000nm such as Cantiere delle Marche are building".
Despite the fact that some of the shipyards were seriously affected by Russian crisis, Denison Yachts' clients benefited from the recession and a weak ruble, as many yachts owned by Russians were available for sale for below market value. Hamilton also admits that Russia was indeed very quiet with the sales. "But fortunately the continued strength out of the American market and significant optic in the Asian market filled the void", he adds.
The continuing trend for 2015, according to Alex Clarke, is that the Russian buyers backing away from buying or building larger yachts. He states: "Charter continues to be increasingly popular and as we all know 75% of new buyers have chartered in the past so sales will continue to follow this trend. And new construction projects have jumped up pushing many order books out to 2017-18 at successful shipyards like Feadship, Oceanco, Cantiere delle Marche, and Heesen".
The world's biggest superyacht in build this year is known as Project Omar. The 156 metre motor yacht is being built at German yard Lurssen, the company responsible for the biggest yacht in the world: the 180 metre Azzam.