When one intends to buy a yacht, sooner or later they will come across yacht brokers. A bad broker would opt for selling their yachts by all means, while a good one could even dissuade a customer from buying a vessel instead. Yachts’ maintenance costs sometimes are so high, that it might be easier to confine to chartering. Still, in any case, it is important to first try several different yachts on charter before buying your own.
The largest international brokers such as Burgess, Fraser, Moran Yachts & Ship, Edmiston and several others act as central agents of the «best» yachts: they manage them, select the crew and sometimes oversee the construction. However, one can book a yacht even through a small company, if it has the appropriate certification. Below, you will find 9 significant steps to consider prior to buying a yacht.
#1. Define the goal
First of all, one has to define answers on such questions, as: why they need a yacht, where they are going to use it, whom they are planning to invite on-board, whether there will be children among the guests and many other issues. That is where the information about a customer, his or her tastes and lifestyle matters.
A good broker would have a detailed conversation with a potential buyer, even asking some rather personal questions. Ideally, they should spend with a customer several days to understand how they dress, what kind of car they have, where they prefer to have dinner, how social they are etc.
Those things are crucial as a yacht represents a continuation of her owner’s personality. Like your own home, it may or may not be suitable for parties, sports, the presence of children, it may be chamber or large-scale, high-speed or slow-moving, with or without a helipad. Dozens, if not hundreds of details, will affect the final choice, and the cost here is by no means the main criterion. After all, you can find a yacht at a comfortable price, but she may not suit you at all.
#2. Set the style
First, it is important to understand whether you need a sailing or motor yacht, since these are two fundamentally different styles of yachting. Usually, those who prefer to be closer to the water, lead an active lifestyle on the yacht, delve into the nuances of management, seek to obtain a captain's license and are interested in sails. Those people in the first place can be called yachtsmen. On the contrary, motor yachts, even the fastest ones, are floating boutique hotels, where the owners will be served at the highest level. As to sports racing yachts, they are not generally suitable for recreation.
It should be noted that in the sailing segment, not all yachts are the same. For example, superyachts above 40 metres, produced by such builders as Perini Navi, are not inferior to motor yachts either in design and comfort, or in high-technology equipment. They might even outperform motor yachts of the same size in price.
#3. Consider your lifestyle
How and with whom do you want to spend time on a yacht? For parties, one would need large open spaces, and it would be nice to have a Jacuzzi or a pool with a backlight. Naturally, a yacht must come with built-in audio and video systems and wireless Internet. For gambling, you would need a special zone. If you like cooking, a yacht should have a specially equipped separate kitchen. If you plan to invite parents to the yacht, you need to make sure that there is a VIP suite on-board. If the yacht has three or more decks, older people will need an elevator. If you have children, the system of fences is crucial so that they do not fall overboard or on the lower deck, plus a cabin for the governess should be provided, etc.
#4. Think over your activity
There can be many different nuances, but there is something that almost everyone pays attention to: a garage with tenders and water toys on a yacht. You would need a tender in any case. Furthermore, it is good to have the yacht equipped with everything for diving, snorkelling, water skiing, "sea-beans", jet skis and other toys. Many yachts also come fitted with a fitness deck, which usually comprises a gym, massage room, hairdresser, sauna and hammam.
#5. Choose the right crew
Naturally, owners of yachts assemble the crew according to their own requirements, and the crew is not less important than the yacht itself. Not only should they be sociable people with an understanding of the service, but they should also meet special requirements. For instance, it is important to consider whether a cook is good on a yacht and what exactly he or she can cook. A professional broker would be aware of such things as if there is a massage therapist, yoga and diving instructor on-board and what languages the team speaks. A broker would either know the invited crew members personally, or do a decent research on them in advance.
#6. Get directions
It is important to decide whether you are planning to live on-board during your vacation. For example, if one has a villa in Forte dei Marmi and wants to take a short trip to Corsica for a day, a small 50-60 foot open class yacht or a yacht with a flybridge, with a speed of 30-40 knots.
At the same time, if you plan to go on a cruise from Saint-Tropez to Portofino, to Corsica, Sardinia or Sicily and back, then for a two-week trip you would need a comfortable yacht of at least 30–35 metres. If the group is big, the size has to be even larger. The speed of such yachts will make only 11-17 knots. However, low speeds save fuel: megayachts making 30 knots per hour require hundreds of thousands of EUR a year for fuel. In addition, high speeds even on the best yachts might not be comfortable: noise and vibrations increase, and it becomes difficult to talk and walk.
If you plan to take the yacht from the Mediterranean to the Caribbean for the winter period, she should boast a transatlantic power reserve, to complete the journey without refuelling. And if you are thinking about traveling around the world, you need not only a large cruising range, but also an Explorer class yacht, which can operate under different weather conditions. To cruise to the Far South or North, you need an Ice-class yacht - although not an icebreaker, she would not be subject to collisions with small ice floes.
#7. Choose a hull
Yacht hulls are mainly built of steel, aluminium and composite. Almost all major European yachts builders rely on steel or aluminium, while in American and Asian yachts (except for the largest yachts) composite is used, since it is a lighter material that is easier to care of; it is not subject to corrosion. However, the composite is not suitable for all operating conditions. Owners of megayachts relate to it without reverence: a 50-metre composite yacht would already be an exceptional case.
#8. Estimate expenses
A yacht should not be taken as an investment, it is a luxury item and not more than that. Moreover, her cost drops by 10% per year. About the same amount should be saved for yearly operating costs, such as parking and repairing expenses, crew salaries and taxes, not to mention fuelling. Meanwhile, if several years ago green yachting was considered uneconomic since environmental options increase the cost of the yacht, now yachting enthusiasts have concluded that eco-yachts save fuel, and, therefore, are cheaper to operate.
Step 9. Set the timeline
A fully-custom superyacht of above 35 metres, will take up to four years to be built with such yards as Lürssen, Abeking & Rasmussen, Feadship or Oceanco. A faster option is always a semi-custom-yacht of the same size, where a standard hull is used, and the interior is created on-spec for the owner’s needs. Such yachts take about 2.5 years to build and they are 30% cheaper. In that niche, the most famous shipyards are Dutch Amels and Heesen.
Serial yachts of up to 100 feet in size would confine your choice to one of 3-5 typical interior options. However, there are many good yachts on the market that the owners sell after 2–4 years of operation, simply because they want a new one Such vessels with clear and proven seaworthy properties can be acquired immediately.
The difference in the price of yachts even for one niche is so great that it makes no sense to focus on it. Everything depends on the interior materials, technical options, the name of the designer, and the class of the shipyard. For example, the cost of a Feadship yacht might be twice as large as a Turkish yacht of the same size. Nevertheless, Feadship will far less fall in price over the years.
Southern Wind has delivered the SW96 Liberty after successful sea trials. The latest addition to its fleet designed by Farr Yacht Design and Nauta Design, Liberty emphasizes racing while maintaining luxury. The owner, a European yachtsman on his second Southern Wind Yacht, expressed his satisfaction after his first sailing experience in Cape Town. Built with a foam core and infused carbon skins, Liberty boasts a lightship displacement of 62 tonnes, ensuring excellent speed even in light air. Her Hall Spars high-modulus carbon mast and boom, along with EC6+ carbon rigging, enhance her performance further.Featuring full water lines and a lifting keel, Liberty is easy to control in various conditions. Her raised saloon layout and panoramic windows provide ample light, complemented by the largest hull portlights in the series. The deck showcases the latest Southern Wind “Twin Fold” transom.With three guest cabins and a spacious owner's suite, Liberty offers comfort alongside exhilarating performance.Now SW96 Liberty embarks on her 7500 mile Maiden Voyage from Cape Town to the Mediterreanean Sea.Southern Wind is a boutique bluewater sailing yacht shipyard founded in Cape Town in 1991. Since its foundation, SWS has specialized in the production of semi-custom high-performance superyachts.Credits: Southern Wind
April 23, 2024
Yonca Shipyard, a renowned builder of state-of-the-art composite vessels with a strong presence in the defense sector, has announced the launch of Mishi Yachts, a new brand targeting the sailing superyacht market.With a sprawling facility covering 44,000 square meters, half of which is under cover, Yonca Shipyard is equipped to construct vessels up to 160 ft in length and weighing over 400 tonnes. The yard's cutting-edge construction capabilities enable the production of up to 20 naval and leisure yachts annually.While excelling in various materials, Yonca's expertise lies in high-speed composite vessels, renowned for their robustness, seaworthiness, and impressive top speeds ranging from 40 to 80 knots.Şakir YılmaztürkChairman and founder, Şakir Yılmaztürk, expressed the shipyard's enthusiasm for venturing into the leisure marine sector. "Yonca Shipyard is esteemed in the defense industry and has served as the builder behind other esteemed yachting brands," said Yılmaztürk. "With 36 years of honed skills and capabilities, we are delighted to introduce Mishi Yachts, focusing on luxury sailing superyachts."Mishi Yachts' debut offerings include designs for an 88 ft and a 102 ft luxury sailing yacht, embodying the expertise and craftsmanship synonymous with Yonca Shipyard. The yard collaborates with renowned naval architects and designers to ensure superior performance and enduring quality.Yonca's proficiency in complex mold design and flawless composite work positions it as a leader in the industry. From CNC milling to vacuum infusion, the yard's meticulous approach ensures impeccable standards in fiberglass construction. Additionally, its finishing capabilities, including woodworking and stainless steel fabrication, further attest to its commitment to excellence.Mishi Yachts management board: Şakir Yılmaztürk, Erdem Yılmaztür and Didem Yılmaztürk Ulusoy"We are driven by the same passion and dedication that fueled our inception in 1986," stated Yılmaztürk. "Our reputation for composite craftsmanship and engineering excellence positions us to seize opportunities in the superyacht market. We look forward to delivering exceptional vessels that embody the essence of Mishi Yachts."Founded in 1986, Yonca Shipyard aimed to lead in fast boat design and advanced composites. Despite doubts, handcrafted boats reflected our vision. Now an industrial-scale enterprise, the shipyard produces cutting-edge pleasure, commercial, and naval craft. Yonca Shipyard delivered more than 180 ships and boats, specializing in fast interceptor craft and patrol boats for defense and law enforcement agencies.Credits: Pozitif Studio/Yonca Shipyard
April 23, 2024
On April 22nd, the Boatbuilding Technology Centre, the House of Swan in Pietarsaari, Finland, witnessed the launch of the first unit of the Swan 88 featuring hybrid electric propulsion. The Swan 88 is a groundbreaking model, meticulously developed to offer a hybrid electric propulsion option in collaboration with Torqeedo. This innovative project continues the successful partnership with German Frers for Naval Architecture, Misa Poggi for Interior Design, and Lucio Micheletti, Micheletti + Partners, for the exterior styling.A defining feature of this new project is the coachroof's shape, inspired by the wind, boasting essential and dynamic lines. The transom beckons to the 'Beach Club' swim platform. With a focus on space, functional quality, and on-board comfort, both indoors and outdoors, the Swan 88 is designed to impress. Natural light floods in from the stunning 'atrium' companionway, coachroof, and hull windows, providing a bright interior ambiance.The Swan 88 offers Owners a super-smart opportunity to reduce running costs through chartering. This performance maxi design ingeniously complies with the critical 24-meter load line length rule for light MCA charter regulations. Nautor Swan's decision to develop this vessel aims to offer a true performance superyacht based on an efficient platform, minimizing management costs, and simplifying the charter certification process.Dedicated cruising appendages include a moderate draught fin T-keel of 4 meters and twin rudders, providing advantages such as reduced draught, enhanced safety, and excellent sailing balance. The hull and deck boast full carbon fiber epoxy construction, utilizing Sprint® lamination technology and the yard's advanced carbon mold technology."The Swan 88 marks an important milestone for the shipyard's production. It's the first hybrid propulsion yacht, showcasing our constant collaboration with Torqeedo and contributing to the study and development of similar features across the entire range, not just maxi yachts," says Giovanni Pomati, Nautor Group CEO. "This significant new model, of which we will launch the second unit in a few days, epitomizes Swan's 360-degree essence, the DNA that has made our boats recognizable worldwide for 58 years, and we are immensely proud of it."The Swan 88 will make its global debut at the Cannes Yachting Festival from September 10-15 and the Monaco Yacht Show from September 25-28.Nautor Swan was founded in 1966 in Pietarsaari, Finland. The builder entered the superyacht market in 1999. Since then, the yard has continued building high-performance sailing yachts in three different lines; ClubSwan, Swan Yachts and Maxi Swan Yachts. Credits: Nautor Swan
April 23, 2024
On Saturday, April 20, Heesen announced the delivery of YN 20150 Cinderella Noel IV, following rigorous trials in the North Sea. The owners christened their yacht on December 23, 2023, marking an unforgettable moment for all shipyard employees and subcontractors involved in the construction.Stefan Zucker and Sven Stark, the clients' surveyors and project managers, expressed their appreciation for the shipyard's efforts, stating: "We have hardly experienced such intense involvement of clients ever before."Cinderella Noel IV stands out not only for her exceptional design but also for her owners' deep involvement. With a passion for sailing, the clients actively participated in the yacht's creation, bringing practical and technical insights from years of experience on the water.During three days of sea trials in challenging conditions, Cinderella Noel IV surpassed all expectations. Captain Bob van Zundert praised her swift responses and exceptional handling, even in rough seas.Built on a proven engineering platform, Cinderella Noel IV integrates a hybrid propulsion system chosen by the owner to minimize environmental impact. Heesen's hybrid system, powered by twin MTU 8V4000 M63 main engines and Danfoss electric motors, ensures cleaner, quieter, and more efficient cruising.Rick van de Wetering, Heesen's Chief Operating Officer, expressed pride in the collaboration with the owners and their teams, highlighting the strong bond formed during the 41-month construction period. He concluded, "On behalf of everyone at the shipyard, we wish them fair winds and following seas on their wonderful yacht."Heesen Yachts is a Dutch ship building company that specializes in custom-built superyachts in aluminum and steel from 30m to 70m in size. Founded in 1978, it has launched more than 170 yachts since its inception.Credits: Ruben Griffioen/Heesen Yachts
April 22, 2024
The Italian Sea Group (TISG) has been honored with the "Best Performing Large Size Company" award at the Alychlo Awards 2024, marking its third consecutive win in this category.TISG secured the recognition for its outstanding turnover and EBITDA results, which ranked as the best in its reference category.The awards ceremony took place at the enchanting Pairi Daiza, a renowned botanical garden and zoo, bringing together 160 guests, including entrepreneurs and managers from companies in which Alychlo, the family investment company of Belgian entrepreneur Marc Coucke, invests.The Alychlo Awards celebrate companies, individuals, and teams that have achieved exceptional results. In the 2023 edition, 10 prestigious awards were presented to 10 outstanding winners.Alychlo, the cornerstone investor of The Italian Sea Group since its IPO, has investments in over 40 public and private companies across various sectors, with a focus on high-value-added companies that contribute significantly to job creation."We are extremely honored to receive this recognition and to be selected among important and excellent companies," commented Giovanni Costantino, Founder & CEO of The Italian Sea Group. "We thank Mr. Marc Coucke for his constant trust in our Group since its listing on Euronext Milan. We will continue working passionately and with dedication to achieve increasingly ambitious results."The Italian Sea Group is a global operator in the luxury yachting industry, listed on Euronext Milan (“EXM”) and active in the construction and refit of motor yachts and sailing yachts up to 140 meters. The Company, led by Italian entrepreneur Giovanni Costantino, operates on the market with the brands Admiral, renown for elegant and prestigious yachts, Tecnomar, Perini Navi, and Picchiotti; the Company has a business unit, NCA Refit, that manages the maintenance and refit services for yachts and mega yachts with a length over 60 meters. Credits: The Italian Sea Group
April 22, 2024