Denison Yachting has published its quarterly business report, calling the quarter 1 of 2022 as ‘positive one’ in the yachting industry. According to it, ‘like 2020, 2021 was an impressive year for the yacht sector, and 2022 is following this upward trend. After unprecedented shake-ups in the initial stages of the COVID-19 pandemic, yachting recovered with a bang, and hotbeds like the United States Southeast and the Mediterranean region achieved record sales. By the end of Q4 2021, powerboat sales in the U.S. had exceeded more than 300,000 units for the second consecutive year, and the industry stood out as an excellent example of economic resilience. This set the stage for Q1 2022’.
Bob Denison
Now that 2022 is underway, the long-term impact of the pandemic has begun taking shape. While a reasonable chunk of the sales in 2021 was attributed to the long backlogs carried over from 2020, the market’s performance this year has so far been primarily driven by new orders.
Global Yacht Market Performance in Q1 2022
Despite economic times and supply chain upheavals, the yachting sector had a strong start to the year. Quarter 1 2022 had the third highest first-quarter boat sales of the last 15 years, behind only 2021 and 2018.
The below chart demonstrates this, showing first-quarter sales in North America in the last seven years.
Sales across all the top boating regions decreased in Q1 2022 compared to Q1 2021, bringing the total closer to, but still above, pre-pandemic times.
The following chart illustrates first-quarter sales in Asia since 2016.
Asia registered a 35% drop from the target-shattering 2021 figures, followed by North America with 16%. Surprisingly, sales in Europe only dropped by 8%, even with sanctioned Russian buyers, who have traditionally accounted for 9% of all global superyacht sales.
The chart below displays first-quarter sales in Europe for the past seven years.
Q1 2022 Sales in the U.S.
The U.S. market started the year on a high, with sales in Quarter 1 2022 only marginally below Quarter 1 2021 levels. America was the only one of the three key yachting areas with higher sales than the five-year average.
Sales in the top three major boating destinations – the Southeast, the Gulf Coast, and the Mid-Atlantic – dropped by 14% from Q1 2021, but were still 19% higher than Q1 2020.
An Impressive First Quarter for Denison
Denison sales in Q1 2022 mirrored the industry’s overall performance, exceeding pre-pandemic numbers and our five-year average. The top Denison categories – superyachts, motor yachts, sportfish, sailboats, and trawlers, all had a strong showing in Q1.
The Report says that ‘we had a remarkable Quarter 1, with sales exceeding $160 million for the second consecutive first quarter’.
‘Denison’s charter business has achieved commendable growth in the past two years, and is expected to continue throughout 2022’, says at the end of the report.
Denison has long been a leader in the yachting industry with a rich family history dating back to 1948, and the start of Broward Marine in Fort Lauderdale. Today, the company provides complete yachting services worldwide, including superyacht sales, yacht charter, crew placement, and new construction. Denison operates out of 21 waterfront offices in the United States, and one location in Monaco with a team of 100+ licensed and bonded yacht brokers.
Credits: Denison Yachting; Unsplash
The second hull of the Wallyrocket51 racing yacht sustained damage after being knocked from its cradle during strong winds at Cantiere Rossini in Pesaro on the evening of 20 August.Images of the incident, showing the boat on its side with a broken mast, circulated online and led to speculation regarding their authenticity. Commentators questioned the extent of the damage and the setup of the cradle, with some suggesting a storm had caused the accident.Alfonso Postorino, director of Cantiere Rossini, confirmed the cause. “First of all we are glad that nobody was injured,” he said. “The boat fell down when hit by a strong wind, with gusts above 50 knots, that caused several serious damages all around the city of Pesaro.”Postorino explained that the yacht was resting on a cradle supplied by the owner and noted that high-performance sailing boats are particularly vulnerable when ashore. “These kind of high performance sailing boats are subject to this type of accident when they are ashore, due to their light weight compared to the windage surface,” he said, adding that no other yachts in the yard were damaged and the facility’s painting sheds were unaffected.Cantiere Rossini specialises in yacht refit services, including repainting, and has capacity for up to ten 50-metre yachts on hardstanding and 12 berths for yachts up to 55 metres.The Wallyrocket51 is the first pure racing yacht developed by Wally, launched in October 2024. With a length of 15.5 metres and displacement of 6.3 tonnes, it was designed with Botin Partners for competitive racing under IRC and ORC rules. The model incorporates features such as a trim tab to improve upwind lift and reduce drag.Ferretti Group completed its full acquisition of Wally in July 2025. The Wallyrocket51 was promoted as capable of outperforming TP52s and positioned as a potential benchmark in one-design racing.Technical partners for the project include APM (keel), Cariboni (hydraulic systems), Southern Spars (rigs), Future Fibre (standing rigging), Harken (deck hardware) and Gurit (composite materials).Credits: Ocean Racing
August 22, 2025
Northrop & Johnson has announced the listing of the 31.52-meter custom-built sailing yacht Playmobil. Represented by broker Jochen Brill, the yacht is asking €2,975,000.Constructed for an experienced owner, Playmobil is described as combining performance with long-range cruising capability. According to the broker, she is designed for easy handling with a minimal crew and is suitable for private use. A condition survey carried out in July 2025 confirmed her operational condition, including upgraded systems and sails fitted in 2024.The yacht accommodates up to eight guests in four ensuite staterooms, including a full-beam owner’s suite, a VIP cabin and two guest cabins. Crew quarters consist of two separate cabins. The interior is arranged around an open-plan saloon and galley, with large windows providing natural light.On deck, the yacht features an aft lounge area and a shaded forward seating space. Her teak decks, rigging, sails and navigation systems have been upgraded or serviced within the past year. Equipment includes a Williams tender, two Yamaha SuperJet jet skis and an updated Raymarine touchscreen helm station.Playmobil is powered by twin Mercedes 311hp engines and supported by two Fischer Panda 25kW generators, a Newport watermaker and a hydraulic bow thruster. These systems were tested and verified during sea trials earlier in 2025.Credits: Northrop & Johnson
August 22, 2025
Antonini Navi has confirmed its participation in the Cannes Yachting Festival 2025, which will take place from 9 to 14 September. The La Spezia-based shipyard will be present at Vieux Port – Jetée Nord, Booth 163, where it will showcase updates on several ongoing projects.Visitors will be able to view photographs and videos detailing the progress of the Seamore 34 and Evo 31 yachts, both of which are under construction. The Seamore 34, sold to an experienced owner, is scheduled for delivery in the first quarter of 2026 and will be exhibited at the following year’s Cannes Yachting Festival.At the redesigned Antonini Navi stand, which now includes an outdoor area, scale models of current and future projects will be displayed. These include the Seamore 34, Lounge 43, Explorer 43, XPD 88 and the SUY 110. The latter, designed by Fulvio De Simoni, has been described as a modern interpretation of the Sport Utility Yacht, combining a sporty profile with explorer capabilities.Antonini Navi will also present details of its activities in the wider industry, including its role in the Blue Design Summit, a regional event connecting yachtbuilding, engineering and design sectors, and its past collaborations with Mercedes-Benz. Throughout the show, the Antonini Navi team will be available to provide information to clients, dealers and industry professionals.The shipyard was established in 2020 as a partnership between Gruppo Antonini SpA, an industrial company active in La Spezia since 1943, and industry veteran Aldo Manna. Antonini Navi is based in the Gulf of La Spezia, within the “Blue Mile” district that is home to several major yachtbuilders. Its facilities cover more than 33,000 square metres, with 4,200 square metres of covered space in two sheds, and four construction slots dedicated to yachts of up to 70 metres. The shipyard employs more than 200 people, including an in-house technical team with extensive shipbuilding experience, and offers services ranging from yacht construction to refits, after-sales, berthing and third-party production.Credits: Sculati & Partners SRL
August 22, 2025
Finland’s boating sector is showing signs of recovery after the decline that followed the pandemic, with registrations and used boat sales both increasing over the past year. As of July 2025, the national watercraft register listed 246,000 boats, an increase of 2,928 compared with the previous year. Of these, 214,000 were motorboats.According to the Finnish Marine Industries Federation (Finnboat), growth has been driven largely by the sale of previously unsold stock vessels, which do not appear in first registration statistics. “According to first registrations, the boating sector would appear to be at its lowest point this year. However, the sale of unsold stock boats has significantly boosted the total fleet size. These boats are not visible in the first registration statistics,” said Finnboat CEO Jarkko Pajusalo.Outboard-powered boats have led the growth, rising by more than 2,200 units. While first registrations of motorboats fell by 17 per cent, the total number of motorboats in the register rose by the same proportion. Pajusalo attributed this to the statistical definition of “new” boats as those built in the current or two previous years. He noted that the anomaly created by pandemic-era unsold boats is expected to resolve itself.The Helsinki In-Water Boat Show Uiva Flytande, held in Lauttasaari, Helsinki, drew nearly 11,000 visitors. Exhibitors reported cautious optimism among buyers, with strong interest in larger cruising yachts. Nine such yachts were on display, from builders including Lagoon, Hanse, Dehler, X-Yachts and Beneteau.Samuli Leisti of Ajola Yachts and Hansail said that 2025 is shaping up to be the strongest year in 15 years for his company, with several deals in progress and one new order signed. His brokerage firm Blue Ocean sold 80 used boats by August, exceeding last year’s total of 67. Antti Saarisalo, CEO of Ajola Yachts, also noted strong interest in sailing yachts, with onboard visits matching those of the larger Helsinki International Boat Show held in February.Manufacturers reported positive developments as well. Linex-Boat, builder of Nord Star yachts, highlighted international interest, with visitors from Estonia viewing the Nord Star 42+. Quarken Boats reported new export market openings and strong domestic activity, securing deals, arranging sea trials and issuing numerous offers during the event.Buster remained the leading brand in new motorboat registrations. According to Mercury Marine EMEA CEO Jussi Sepponen, the Finnish market is beginning to recover in line with European trends. “The marine industry often emerges from recessions later than other sectors. Now, however, it feels like we might even help pull the economy upward,” he said.The show also featured small-scale exhibitors, including sailmaker EfxSails, which presented sailmaking services and recycled sail products. “Sailmaking is a design profession, and part of the designer’s role is to understand the sailor’s true needs,” said EfxSails’s Matti Luhtala.The next Helsinki In-Water Boat Show Uiva Flytande will take place from 13 to 16 August 2026 in Lauttasaari. The Helsinki International Boat Show – Vene 26 Båt – will run from 6 to 15 February 2026 at Messukeskus, Helsinki Expo and Convention Centre.Credits: Yacht Harbour Archive
August 21, 2025
The 25-meter motor yacht African Wild Dog has been sold in-house at Ocean Independence, with broker Bob Friscia representing both the seller and the buyer.Built in carbon fibre composite and delivered in 2018 by Pershing, part of the Ferretti Group, African Wild Dog is the 18th hull of the Pershing 82 series. She is a Pershing 82 VHP (Very High Performance) model, designed by Fulvio De Simoni with naval architecture by the Ferretti Engineering Department.Accommodation is arranged for up to seven guests across three cabins, including an owner’s suite, a VIP double cabin, and a twin with an additional Pullman berth. Crew quarters allow for three staff. Interior features include a lower-deck media room and an open-plan main saloon with a sit-up bar forward, located just behind the triple helm seats.Exterior deck spaces include a sundeck with a secondary helm station, foredeck lounging and sunbathing areas, and a large aft sunpad. The aft deck connects to a swim platform and a transom garage.Powered by twin 2,638hp MTU engines, the 108GT yacht can reach a top speed of 52 knots and maintains a cruising speed of 40 knots.African Wild Dog was last asking €3,400,000.Credits: Yacht Harbour Archive
August 21, 2025