State of the Superyacht Market

With the Mediterranean superyacht summer season in full swing there is sense of a slow but steady return to something resembling normality in the luxury yacht market.  Whilst it may be a long way off from the heady days of 2008, there has been a gradual increase in yacht sales, yacht management and crew placements.  Charter yachts and construction yards are still feeling the pinch with demand slower to recover for these sectors of the market.  It is not great news for everyone but there are certainly still some significant deals to be had on summer charters and new build projects, provided you’re prepared to act quickly.  Hein Velema,
CEO of Fraser Yachts in Monaco said, “The world of superyachts moves fast and you need to have your finger on the pulse in order to spot the good opportunities before they pass you by.”