Last year’s superyacht sales were still higher compared to any pre-pandemic year both on the brokerage and new build sides of the market.
2022 Summary
The number of transactions on the superyacht market in 2022 did not reach the record figures of 2021, yet substantially exceeded the results of any other previous year - 502. The sales were higher than in 2018-2020 in almost every size sector.
Among the most significant sales of the 2022 were Golden Odyssey (Lurssen, 123m), Carinthia VII (Lurssen 97m), Palladium (Blohm+Voss, 95m) and Tatoosh (Nobiskrug, 92m).
The 2022 holds a record in terms of new listings – 606 yachts were introduced to the market.
2022 Dynamics
The surge in demand and record sales of 2021 encouraged a lot of sellers to test the market with speculative asking prices. This provided an increase in new listings during Q1 2022 and supply outstripping demand for the first time over a year.
The political uncertainty since the Ukrainian crisis breakout led buyers to become more cost-conscious than ever. They kept looking for reasonably priced opportunities, including off-the-market yachts. The lack of reasonably priced offers and world events have understandably slowed the market during Q2-Q3.
Ahead of the autumn boat shows in Cannes, Monaco and Fort Lauderdale the brokerage market demonstrated another surge in the number of owners putting their yachts up for sale in August-September.
The last quarter of 2022 was especially notable for an unusually high number of price reductions in October-November, as many owners were seeking to close deals before the end of the year and ahead of any possible negative political and economical developments that may influence the market. The number of sales was slightly higher than in Q2-Q3, but still below the Q1 results.
2022 Trends
1. Average last asking price of brokerage yachts sold in 2022 was higher than in 2021.
2021: avg last asking price €11mln
2022: avg last asking price €13mln
2. With the market being very tight and the demand ever high there was a significant decrease in the average number of days yachts spent on the market in 2022 vs 2021. Good reasonably priced yachts were selling really fast.
3. The number of new orders in 2022 decreased in comparison to 2021, but still exceeded all previous years.
2021: 312 new build contracts
57% - 30-40m
5% - 80m+
2022: 202 new build contracts
51% - 30-40m
6% - 80m+
4. On the back of increased demand, many shipyards raised their new construction prices by 10-20%. As a result, a huge price gap can be seen between the new yachts and 10-15 years old brokerage yachts.
5. All the shipyards, including less promoted and relatively new to the market, have their order books stretched into 2026. Even builders of production GRP yachts are now selling slots with deliveries in 2025. Now it is especially important to be in contact with brokers to find good opportunities like projects on various stages of construction to cut delivery times.
6. Because of the increased demand and the heavy workload in the yards, contracts are now being concluded 6 to 18 months before the start of construction work (mostly for small and GRP yachts).
2023 Predictions
Though rising fortunes and increasing number of billionaires promise more buying force on the market, the global uncertainty and lack of supply are going to put some serious pressure on the sales in 2023. With the build slots completely sold-out for the next 2-3 years the new construction market is going to be very tight. Though we may of course see a number of distressed sales, owners are likely to remain stiff on their asking prices, not least because of the high replacement costs.
Pick of the market:
New Construction below 40m
Benetti Oasis 34M, delivery 2024. Asking price € 17,258,250
Azimut Grande 38 Tri-Deck, delivery 2023. Asking price € 22,000,000
Moonen 110, delivery 2023. Asking price € 17,000,000
Pick of the market:
Brokerage yachts 40-60m
Pick of the market:
Expedition yachts
Project Fox, 35m, Pendennis, delivery 2024. Asking price € 17,000,000
Sponsored by YT Partners
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Northrop & Johnson has announced the launch of Ocean Angel, the second 40-meter explorer yacht in Ocean King's DOGE 400 series. The vessel has commenced sea trials and is scheduled for delivery ahead of its debut at the 2025 Monaco Yacht Show.Designed by aLOT with interiors by Burdissocapponi Yachts & Design, Ocean Angel features a commercial-grade steel hull and aluminum superstructure. The yacht is powered by twin Caterpillar engines that deliver a top speed of 15 knots and a cruising speed of 13 knots, with a transoceanic range of 4,000 nautical miles.Accommodation includes five guest suites for 10 passengers and crew quarters for seven. Notable features include a beach club with sauna and hammam, a concealed 1.2-ton telescopic tender crane capable of launching a 6.25-meter tender, and fold-down sea terraces. The interior design emphasizes natural light through full-height windows and seamless indoor-outdoor connectivity."Ocean Angel demonstrates our commitment to building capable explorer yachts with customized interiors," said an Ocean King representative. The yacht's commercial-grade construction enables extended autonomous operation in remote cruising areas.Following sea trials, the yacht will undergo final outfitting before delivery to its owner. The first DOGE 400 series yacht was delivered earlier this year, with both units sharing the same rugged exploration capabilities paired with refined interior spaces.Credits: Northrop & Johnson
June 11, 2025
The Amels 60 Memories has departed from Damen Yachting’s main build facility in Vlissingen following its final delivery to the new Owner. The yacht was officially named during a private ceremony held at the Dutch shipyard, attended by the Owner’s team and crew.The exterior design of Memories was created by Espen Øino International, featuring the signature geometric windows and enhancements typical of recent Amels deliveries. Notably, Memories is the first Amels 60 to feature custom interiors by Harrison Eidsgaard, marking a new collaboration for the shipyard.The Owner, introduced by Moran Yacht & Ship, joined the project just six months prior to delivery. Despite the late entry, the Owner was able to implement several customizations, including modifications to the Beach Club, Owner’s areas, and Sun Deck, where a large sofa with a ceiling-mounted TV replaced the original dining table and bar. The Bridge Deck Aft was transformed into an on-deck cinema setup from its original lounge configuration.Joppe Osté, Project Manager for Amels 60 Memories, commented: “When the Owner stepped in, we were already at an advanced stage of construction. The advantage of this was that the new Owner was able to make decisions quickly and take possession of it before the start of summer. Until the buyer steps in, we design the yacht for all potential clients. The sales, design, and proposal teams are all involved. That is a major advantage. The custom interiors by Harrison Eidsgaard appealed to her new Owner, which allowed us to stay on schedule and move forward according plan.”The interior design by Harrison Eidsgaard features a contemporary beach house luxury style with natural materials and refined detailing. A notable feature is the spiral staircase with illuminated handrail. Ben Harrison of Harrison Eidsgaard stated: “It has been an absolute delight working on this superyacht and a great collaboration with all partners involved. MEMORIES is our first Amels Limited Editions interior and brings a new look and feel to this successful 60-metre design.”Memories is expected to follow a busy charter schedule, with private use by the Owner also anticipated. The yacht will be available for charter through Moran Yacht & Ship, with its first destination being Ibiza.The next Amels 60 is already under construction and scheduled for delivery in Autumn 2025.The Amels 60 Memories features the following specifications: length of 60 metres, gross tonnage of 853 GT, accommodation for 12 guests and 12 crew plus Captain. The yacht boasts interior design by Harrison Eidsgaard, exterior design by Espen Øino International, and naval architecture by Damen Yachting.Credit: Damen Yachting
June 11, 2025
Northrop & Johnson has announced a significant price reduction on the 43.6m Feadship True North, now listed at $6,995,000. The yacht is represented by brokers Kevin Merrigan and Kristen Klein and is actively for sale, presenting a notable opportunity in the current market.Originally built in 1987 at the Van Lent shipyard under the name Fiffanella, True North underwent a comprehensive refit in 2021. The current owner invested approximately $4 million in capital improvements, which included a full exterior paint job, major upgrades to the air conditioning, electrical, and navigation systems, as well as a new Headhunter sanitation system. The vessel has completed its Bureau Veritas 35-year survey and is in turnkey condition, ready for immediate use.The yacht features accommodation for up to 16 guests across five staterooms. The main deck includes a full-beam master suite with his-and-her ensuites. The interior refit in 2021 introduced updated headliners and wall coverings, blending modern amenities with the yacht’s original character. The lower deck staterooms are flexible and suitable for families or groups, each with private en-suite facilities.Outdoor spaces include a large sundeck equipped with a Jacuzzi, swim-up bar, and lounging areas. The covered aft deck is ideal for dining and relaxation, while the swim platform provides convenient water access. The vessel is powered by twin CAT 3508 DI-TA engines, offering a cruising range of 4,000 nautical miles at 11 knots. True North is U.S. Duty Paid.True North represents a significant offering in the classic yacht segment, combining historical pedigree with modern upgrades and is now positioned as a competitive option in the market.Credit: Northrop & Johnson
June 11, 2025
ISA Yachts has secured the sale of the second hull in its Unica 45M Steel series to a European client, with delivery scheduled for 2028. The steel-hulled, aluminum-superstructure yacht follows the sale of the first unit announced earlier this year.Designed by Enrico Gobbi's Team for Design with naval engineering by ISA Yachts, the 45-meter displacement yacht features 60,000 liters of fuel capacity for extended ocean crossings. The design emphasizes outdoor connectivity through expanded deck spaces and full-height windows.Accommodation includes an owner's suite with lounge area and walk-in wardrobe on the main deck, plus four guest cabins below deck. Crew quarters house nine staff in four cabins, with the captain's cabin adjacent to the wheelhouse.Key features includes three-level stern area with infinity pool, 16-meter flybridge with dual sunbathing areas, two dining areas (indoor formal and outdoor casual), and convertible starboard space for sixth cabin or office use.Performance specifications include twin CAT C32 970kW engines delivering 15-knot top speed and 4,000+ nautical mile range at 10 knots.The sale increases ISA Yachts' current production to 11 vessels across its Ancona and Savona facilities, including three 80-meter projects and two 66-meter yachts. The Unica 45M Steel joins ISA's portfolio of semi-custom series alongside GT and Classic models.Palumbo Superyachts took root in 2008, when the Columbus Yachts brand was established, and in 2011 it launched its first 54m superyacht, emblematically christened Prima (the First). Currently, Palumbo Superyachts comprises a representative office in Monaco and a logistics network of five shipyards in the Mediterranean (Ancona, Malta, Marseille, Naples, and Savona); it also operates the following brands: ISA Yachts, Columbus Yachts, Mondomarine and Palumbo SY Refit.Credits: ISA Yachts
June 10, 2025
CRN's 70-meter fully custom superyacht Project Thunderball has entered advanced construction phases at the Ferretti Group Superyacht Division shipyard. The steel and aluminum displacement yacht, scheduled for delivery in 2026, has completed hull and superstructure carpentry work.Developed with Vripack Yacht Design handling exterior styling and preliminary naval architecture, and Nauta Design creating interiors, the project features classic elongated bow lines optimized for cruising efficiency. The five-deck layout accommodates 12 guests and 15 crew across 1,100 GT of interior volume.Current progress includes:exterior fairing completion scheduled for summer 2025,full hull painting to begin September 2025, main deck insulation and compartmentalization completed and initial furniture installations planned for late spring/early summer.Y.CO serves as owner's representative, overseeing construction quality and technical coordination between CRN and specialty contractors. The yacht will feature MAN V12-1213kW engines delivering 16-knot top speed and 12-knot cruising speed.Technical systems include energy recovery solutions and peak shaving technology to reduce fuel consumption. The design incorporates silent mode capability at anchor through optimized power management."Project Thunderball exemplifies CRN's fully custom approach," stated a yard representative. "From Vripack's naval architecture to Nauta's timeless interior concept, every element responds to owner specifications."The yacht's construction timeline remains on schedule with VIP cabin installations beginning June-July 2025. Final outfitting will continue through 2026 prior to sea trials and delivery.The Ferretti Group, led by Chief Executive Officer Alberto Galassi, is now one of the world’s leaders in the construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally.Credits: Ferretti Group
June 10, 2025