The superyacht market preserves a historically high pace. By the end of the 3rd quarter of 2022 the overall sales of 30m+ yachts in 2022 are already higher than sales of any previous whole year except 2021 in almost all segments of the market. The sales skyrocketed in the 2nd half of 2020 as many buyers, including first-time yacht purchasers and former charterers, came on the market in search of an asylum and a safer means of transportation in the middle of the pandemics.
Pick of the market:
Top 3 yachts for sale under 5 years old
For many sellers, the post-Covid surge in demand became a signal to enter the market with speculative asking prices. This provided an increase in new listings in the beginning of 2022. However the buyers, which remain cost-conscious as ever, keep looking for reasonably priced opportunities, including off-the-market yachts. 2022 Q2 sales saw a small drop-off from the 2021 figures in almost all size segments of the superyacht market, though the sales were still higher compared to the corresponding periods of 2018, 2019 and of course 2020. The lack of supply and world events have understandably slowed the market. Besides, sales activity is generally quieter in summer as brokerage yachts become busy with owners' use and active charter schedules.
As an ending mark of the summer season in the Med and ahead of the autumn yacht shows Monaco and Fort Lauderdale, the brokerage market demonstrated a surge in the number of owners putting their boats up for sale in August-September. There were 65 new arrivals on the sales market in August and 87 – in September, with several big-ticket listings, most notably the 90m Phoenix 2 asking EUR 129,000,000 and 85.6m B2, asking EUR 88,000,000.
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With more yachts entering the market and the exchange rates playing in favor of American buyers - the main driving force of the superyacht market - the sales saw a huge increase from the previous months in September, both in numbers and total price. The most expensive deal in Q3 was the sale of the 97m Carinthia IV with an asking price of EUR 95,000,000.
The majority of market transaction volume in 2022 continues to lay within the sub-50m range, with 30-40m yachts accounting for half of all sales. On average, yachts are sold within 12 to 18 months of being placed on the market. Quality and reasonably priced yachts aren’t sitting on the market for long. Speaking of the quickest deals since the beginning of 2022, the 42m Istros was sold in 53 days, 72m Stella Maris and 46.7m Odyssea shifted hands in 2 months.
There is still a good number of people actively looking to buy a yacht and it helps to maintain prices at a relatively higher value than before. Sometimes sellers were only testing out the market with high prices and would seriously discuss a deal, but many owners stayed firm on their asking prices – not least because of the high replacement costs. In the last two years, on the back of increased demand, many shipyards raised their new construction prices by 10-20% – which is best noticeable in the semi-custom segment with well-known base price levels, as with Heesen and Amels. And now we can see a huge price gap between the new yachts and 5-15 years old brokerage yachts. Owners entering the market are focused on the new construction prices, while the buyers, on the other hand, focus on the average brokerage market prices of previous periods.
Pick of the market:
Major price reductions third quarter
As for the new build market, according to Boat International, the 2022 Global Order Book records an impressive 1,024 projects in build or on order, a rise of 24.7% on 821 in 2021. The demand for new construction projects remains consistent, despite the rising new build costs and longer delivery times. All the leading shipyards have their order books stretched into 2026. Even builders of production GRP yachts are now selling slots with deliveries in 2025. Because of the increased demand and the heavy workload in the yards, contracts are now being concluded 6 to 12 months before the start of construction work (mostly for small and GRP yachts).
But what looks like to be a success for the industry also gives some food for thought on whether or not the boom on the superyacht market is going to remain for long. Concerns are that as most of the leading shipyards operating in the production segment with certain model ranges are packed with orders for the next couple of years or more, it means that they are not able to build new generation yachts before they complete current builds. And by the time the new buyers will be able to start building, the models offered to them may become too outdated and less appealing. Along with a lack of inventory on the brokerage market this may create a downfall in sales.
We have seen quite a few good yachts coming into the market recently and expect to see stable market activity in the following months. However, though the demand for yachts remains ever high, the global uncertainty and lack of supply may put some serious pressure on the sales in 2023.
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Northrop & Johnson has listed the newly delivered 28.63-meter Sunreef Power catamaran Petite Belle for sale. Broker Gabriele Modica Ragusa represents the fifth hull in this series, which features numerous upgrades from standard specifications.The catamaran's 13.5-meter beam accommodates 10 guests across five ensuite cabins. The main saloon features panoramic glazing that opens to the aft cockpit, integrating interior and exterior social spaces. Outdoor areas include forward lounges, a beach club platform, and an expansive flybridge with hot tub, dining area, and bar.Petite Belle incorporates 13kWp of solar panels integrated into the superstructure and hardtop, supporting silent night operation through battery power. The yacht meets European and U.S. compliance standards including Malta Sea Area A1+A2+A3 certification (sCYC 2024).Additional features include a full AV system with DJ connectivity, 20 underwater lights, security cameras, and custom bar installations. The vessel carries a Williams SportJet 625 tender and two jet skis.Construction was supervised by independent surveyors at Sunreef's Gdansk facility. The catamaran enters the brokerage market immediately following delivery, offering availability without construction wait times. Northrop & Johnson will coordinate viewings and sea trials for prospective buyers.Sunreef Yachts was founded by Francis Lapp in 2002 in Gdansk, Poland. Since then, the shipyard has been designing and manufacturing luxury sailing and power multihulls. Credits: Sunreef Yachts
August 28, 2025
Italian yacht builder Lomac Milano has named fashion designer Alessandro Martorana as Creative Director of its Lomac Atelier division. The appointment coincides with the world premiere of the GranTurismo 12.5 AMare limited edition model at the 2025 Cannes Yachting Festival.Martorana's collaboration with Lomac represents the first product from the newly established Lomac Atelier, a service dedicated to fully customized yacht configurations. The GranTurismo 12.5 AMare features customized colors, bespoke upholstery, sartorial stitching, and matching engine livery. The design emphasizes individualized styling while maintaining the performance characteristics of the base model.The limited edition model is powered by twin Yamaha XTO 450hp outboard engines, maintaining the standard powertrain configuration of the production version. Lomac will display two additional models at Cannes: the GranTurismo 12.0 with triple 300hp Mercury engines and the flagship GranTurismo 14.0 X with triple Yamaha 450hp engines capable of 60-knot speeds.Alessandro Martorana stated: "The boat is the new 'must' for the elegant man. Together with Lomac, we aim to create unique pieces that reflect the personality of their owners, just like a bespoke suit."The Lomac Atelier service launched earlier this year at the Düsseldorf boat show, focusing on complete customization of the company's GranTurismo maxi-RIB series. The Cannes presentation marks the first physical realization of the program, with the AMare edition serving as demonstrator of the customization options available.Lomac's participation in the Cannes Yachting Festival includes three models from its production range, with the Martorana-designed limited edition representing the company's emphasis on personalized yacht design. Lomac was founded in the early 1960s in Milan. Today it is led by Paolo and Fabrizio Lo Manto, the third generation of the family, and offers a production that includes seven different series for 58 models, the result of the union of the highest technologies with careful craftsmanship. Lomac also produces and markets a wide range of original accessories to better customize your boat, and maintenance products created specifically for its models.Credits: Lomac
August 28, 2025
Italian yacht builder Benetti will showcase its complete fiberglass series at the Cannes Yachting Festival from September 9-14, 2025. The display will include the world premiere of the Class 44M model Juno's 7 and an exclusive preview of an undisclosed new model.The Class 44M represents the flagship of Benetti's fiberglass range, measuring 44 meters with exterior and interior design by Cassetta Yacht Designers. The yacht incorporates antique elm wood flooring and mineral resin surfaces with stone powder accents. Design features include extensive glazing and a hull form optimized for long-range cruising.Alongside the Class 44M, Benetti will exhibit three additional fiberglass models:Motopanfilo 37M Angel featuring exterior design by Francesco Struglia with a "Bronze Ribbon" design element connecting hull and superstructureOasis 40M CADA Día with customized configuration including master cabin on upper deckOasis 34M A+ utilizing the Oasis Deck® design with 76 m² stern platformThe Oasis 40M display unit represents the twentieth hull in this series, with exterior design by RWD and interiors by Bonetti & Kozerski. The model emphasizes social spaces and connection to marine environments through its layout and design features.Benetti's participation demonstrates the shipyard's continued development of its fiberglass product lines, which range from 34 to 44 meters in length. The company emphasizes customizable interior configurations across all models while maintaining standardized hull forms and engineering systems.The Cannes presentation follows Benetti's strategy of introducing new models at major European boat shows. The company maintains production facilities in Viareggio and Livorno for its fiberglass and steel/aluminum yacht divisions respectively.Founded in 1873, Benetti is the oldest Italian shipyard specializing in luxury yachts. Benetti designs, builds and sells composite vessels from 29 to 44m and steel and aluminum boats from 37 to over 100m. The fleet consists of five categories: Class, Oasis, B.Yond, B.Now and Custom to meet all the needs of the market. Benetti belongs to the Azimut|Benetti Group, the largest privately owned luxury yachting group in the world.Credits: Benetti
August 28, 2025
Italian yacht builder Dolomia Yachts has introduced its inaugural power catamaran range, developed in partnership with design firm Centrostiledesign. The initial models include the 22-meter D100 and smaller D70, designed to provide monohull-equivalent volume with reduced hydrodynamic resistance.The D100 model offers approximately 300 square meters of interior space, comparable to 30-meter monohull yachts. Configurations include four-cabin layouts with full-beam master suite or five-cabin charter arrangements with crew accommodations. The design incorporates 66 square meters of solar panels generating 15kWp of power.Construction utilizes non-toxic resins, FSC-certified wood, and renewable cork materials. Propulsion options include Volvo diesel engines with IPS or straight-shaft transmission, alongside hybrid and fully electric system alternatives. The yacht features photovoltaic panels and semi-solid-state battery technology.Design elements comprise a flybridge with active spoiler, retractable tender garage for 5-meter watercraft, and 18-square-meter beach club area. The company emphasizes reduced fuel consumption and environmental impact through hull design and sustainable technologies.Dolomia Yachts founder Alessandro Righi stated the company is "very close to achieving the highest technological quality" while maintaining aesthetic appeal. Construction of the first D100 unit is underway with scheduled delivery for 2027, while development continues on the smaller D70 model.The company has established partnerships with four Italian marine suppliers and contracted NSS Charter for yacht management services, including luxury charter operations in Sardinia's Costa Smeralda region. The yachts will be constructed in facilities utilizing established Italian shipbuilding expertise.Credits: Dolomia Yachts
August 27, 2025
Italian marine engineering company West Navaltech has launched Forte Yachts, a new yacht brand focused on aluminum vessel construction. The debut model, the Forte 47, is currently in development at the company's Ameglia facility near La Spezia.West Navaltech operates from a 1,300-square-meter covered production area with 1,800 square meters of hard standing. The company has previously specialized in constructing steel and aluminum workboats ranging from 14 to 50 meters, including fire department vessels, electric catamarans, and tugboats. The company also supplies aluminum components to shipyards in the Miglio Blu district.Livio Franchini, Technical Manager and partner at West Navaltech, stated: "The creation of Forte Yachts marks a strategic expansion. We wanted to separate our workboat production from our leisure brand, keeping both worlds independent but complementary."The Forte 47 measures 14.3 meters in length with aluminum construction emphasizing interior volume. The design includes two full-height cabins and two bathrooms, with ceiling heights exceeding two meters below deck. Naval architecture was developed by Umberto Tagliavini of Marine Design.The vessel will be offered in both outboard and inboard engine configurations, with layout variations depending on propulsion choice. The design targets coastal cruising itineraries such as Monaco to Porto Cervo or Miami to the Bahamas.Fernando Moricca, co-founder of the new brand, described the venture as "a response to the desire to reinterpret the sea with respect, competence and style." The brand name references both strength (from Italian "forte") and the coastal town of Forte dei Marmi.Production continues at West Navaltech's existing facilities, with the Forte 47 representing the company's entry into the premium leisure boat market. The company's industrial capabilities provide the technical foundation for the new yacht brand.Credits: Forte Yachts
August 27, 2025