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.
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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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Spanish studio Daroca Design has introduced Real, an 80-metre yacht concept developed as part of Oceanco’s Simply Custom collection. This approach allows clients to begin with a proven platform by Lateral Naval Architects, then customise both the exterior and interior.According to designer Alejandro Crespo, Real is a “true reflection of a desire for sleek minimalism and perfect proportions,” with an exterior intended to “integrate into the natural landscape.” The design features flowing lines, curved superstructure details, and glass bulwarks. A beach club includes two pools and direct water access via a swim platform. The concept also shows generous lounging areas, a helipad at the bow, and white furnishings for a contemporary look.Crespo describes Real as “a symbol of sincerity and distinction,” designed for both calm coastlines and open waters, with the goal of reconnecting with nature, family, friends, and “the beauty of life.”The Simply Custom designs incorporate advanced technical elements such as optimised stabilisation, pod drives, electric propulsion, and onboard battery storage. Oceanco states that the platform supports renewable diesel fuels like HVO, which can reduce carbon emissions by 80 to 90 per cent compared to standard marine diesel.Real’s unveiling follows the introduction of other Simply Custom concepts, including North West Boatworks’ Aurora earlier in the month.Credit: Daroca Design
December 20, 2024
Aiata, a brand entering the boating market under the Turkish conglomerate Anadolu Group, will make its global debut at Boot Düsseldorf 2025. The show, held from January 18 to January 26, 2025, attracts over 250,000 visitors and more than 1,900 exhibitors worldwide. Aiata will present the Wayfinder 38 in three variations: Cabin, Open, and a specialized Fishing configuration derived from the other two models.The Wayfinder 38 is a 25-foot outboard walkaround designed by Finnish designer Jarkko Jämsén. Aiata states that this model “stands for flexibility, comfort and craftsmanship.” The Cabin version includes a wheelhouse layout with an L-shaped salon, integrated galley, Webasto sunroof, and air conditioning system. It offers teak furniture, a queen-size bed, an enclosed bathroom, and 2-meter ceilings. Its wheelhouse incorporates a lift-up mechanism connecting the interior and cockpit. The bow area features a U-shaped sofa with a hi-low table.The Open model is designed for a more outdoor experience, featuring a suntop and a continuous salon layout intended to create a seamless connection between interior and exterior spaces. Oak furniture complements the open deck.A Fishing configuration is also available, applicable to both Cabin and Open models. It includes a spacious foredeck sunbed and is described as ergonomic and intuitive, making it suitable for day cruises, watersports, or fishing activities. The Wayfinder 38 offers outboard engine options ranging from 300 to 425 horsepower.Yutkun TokYutkun Tok, General Manager of Aiata, said: “We are honored to participate in Boot Düsseldorf, a prestigious platform that celebrates the pinnacle of the boating world. The Wayfinder 38 embodies Aiata’s mission to deliver versatile, high-performance boats backed by the Anadolu Group’s legacy of innovation and excellence. For Aiata, this is a defining moment – not only because we are showcasing the Wayfinder 38, but because it reflects the expertise and unwavering commitment to quality that define the Anadolu Group. Aiata benefits from the financial strength and engineering excellence of Anadolu Group, ensuring every vessel we produce is a symbol of reliability, innovation, and craftsmanship. We look forward to sharing our passion for boating with enthusiasts from around the globe.”Credits: Aiata
December 20, 2024
Antonini Navi, established in 2020 by the Antonini Group in collaboration with engineer Aldo Manna, has announced the successful joining of the hull and superstructure for its Seamore 34 superyacht. According to the shipyard, “The steel hull was connected to the aluminum superstructure using bimetal,” and with this phase completed, the focus will now shift to the vessel’s internal compartmentalization.Seamore 34, featuring design and development by Hot Lab, is the first model in a “semi-custom” series scheduled for launch in the second half of 2025. The yacht’s profile is described as having “a high, dominant bow” that gives it a “sleek and sporty feel,” combined with superstructure volumes that result in “an elegant, maritime look.” The concept prioritizes versatility and flexibility, as well as open spaces that “create unique settings for sharing and conviviality among guests.”The shipyard states: “One of the most interesting features of Seamore 34 is the more than 150-square-meter open-air living space on the main deck, much of which can be closed off if needed by sliding pocket windows fitted flush with the deck.”At the current stage of construction, potential buyers, captains, and brokers can arrange onboard visits. These inspections, guided by engineers from the shipyard’s technical office, provide industry professionals the opportunity to examine the yacht’s construction quality and design firsthand.The Pertusola shipyard in the Gulf of La Spezia was bought by Walter Antonini in 1977. Since then, Antonini Navi has been a family-held leader in superyacht custom build and refitting.Credits: Antonini Navi
December 20, 2024
Turkish shipyard Sarp Yachts has released the first interior renderings of the XSR 85 RPH, a 25.9-metre raised-pilothouse model set to debut in late 2025. Developed in collaboration with Red Yacht Design and Van Oossanen Naval Architects, the yacht is described as having “more expansive interior and exterior spaces” compared to previous models in the XSR series.According to the shipyard, the interior design takes cues from “the captivating beauty of ocean life,” using light tones and airy spaces to promote a connection to the seascape. The yacht accommodates five cabins, including a main deck master cabin with a private bow terrace. Al fresco dining options are available on the sundeck, and lounge areas are located on the main deck aft and swim platform.Design director of Red Yacht Design, Cana Gokhan, stated: “The XSR 85 RPH represents our commitment to pushing boundaries in yacht design. By integrating an ocean-inspired theme with modern luxury and optimising both interior and exterior spaces, we’ve created a yacht that sets a new benchmark in its category."Elkin Yildirim, general manager of Sarp Yachts, added: “The XSR 85 RPH represents a leap forward in yacht design and functionality. In this project, we push boundaries and craft a vessel that merges elegance, comfort and practicality. We are thrilled to share these remarkable interiors, which perfectly reflect our dedication to innovation and excellence."Credit: Sarp Yachts
December 19, 2024
The 2025 RORC Transatlantic Race’s multihull lineup presents a departure from recent years, as a range of different vessels seek Line Honours in the MOCRA Class. Previous editions were dominated by MOD70s, but this year’s field promises greater diversity.Among the competitors is Oren Nataf’s Pulsar 50 Rayon Vert (FRA). In 2021, Rayon Vert secured overall line honours in the RORC Transatlantic Race, finishing in 9 days 2 hours 33 minutes and 19 seconds, and later took second place in MOCRA for the 2021 Rolex Fastnet Race. For the 2025 edition, Rayon Vert will race double-handed with François Seruzier.Miami-based Jacopo Bracco enters with the custom 53-foot trimaran Finn (USA), designed by Renaud Banuls. Bracco has raced multihulls since childhood, and Finn’s crew includes individuals with MOD70 experience, such as project manager Sam Mabey, 5.80 Transat winner Etienne Messikommer, and record-setter Jeff Mearing. Bracco stated: “In the right conditions, Finn can easily hit 20 knots and surf at 30!” He also noted one concession: “I have found a real Italian restaurant in Lanzarote which will be preparing some great meals. I am originally Italian, so there is no way we are going to race without good food!”Clarin Mustad’s Alibi 54 trimaran Dakota returns after failing to start in 2024 due to rudder issues. Now prepared in Lanzarote, Dakota could finish in about 12 days under ideal conditions. Mustad, new to ocean racing, said: “I prefer to compete rather than cruise because it makes the journey so much more exciting.” Dakota, bearing a Grenadian sail number, will be crewed by experienced sailors including co-skipper Carles Boned Roig and Christina Menabó, plus other friends.Thierry Roger’s Newick 39 trimaran Perros-Guirec, a sistership to the 1978 Route du Rhum winner Olympus Photos, will also compete. Roger will race double-handed with longtime colleague Renan Le Penven and aims to maintain an average speed of 10 knots. Roger, who has waited years to attempt a transatlantic crossing, said: “This will be my first transatlantic, but I have looked out over that ocean all my life… Now, at 64, I work less, so I have raced the boat in many regattas, but my ultimate goal is the 2026 Route du Rhum.”These entries join others in the Multihull Class at the RORC Transatlantic Race, supported by Calero Marinas, the International Maxi Association, and the Yacht Club de France. The race is scheduled to start on January 12, 2025, from Marina Lanzarote, covering 3,000 miles to Camper & Nicholsons Port Louis Marina in Grenada.Credit: RORС
December 19, 2024