A recent article in the New York Times investigates how the current protests in the Middle East may affect yacht sales in the region. It seems dealers are unconcerned over the recent political turmoil in countries like Egypt and Libya, and believe that if and when freedom rings across the region, more and more people will be looking to purchase a yacht. The article also notes that if things get too violent on land, motoring off in a megayacht is a great way to abscond . . .
After a successful Miami boat show that saw the sale of a number of Sanlorenzos, the shipyard has been busy finishing and launching a few more yachts.
There was Lady Kathleen last month. And now March brings Bubu Forever. (And yes, it is pronounced like Yogi's little buddy.)
The New York City Police Department just dropped a cool five million dollars on a 72-foot, high speed security boat that can hold upwards of 30 officers. The boat will be bulletproof and also feature an airtight cabin to protect policemen against airborne contaminants. A company in Somerset, Massachusetts is building the boat. Its main purpose will be to protect against potential maritime attacks like the one that happened in Mumbai in 2008, when 164 people lost their lives.
If you're thinking about selling your boat this spring, you're probably interested in what's happening in the general used-boat market. A recent report by the on-line brokerage site Yachtworld.com that was published in the March issue of Soundings Trade Only gives some idea of what you can expect. Here are some major conclusions:
The Netherlands-based Heesen launched another innovative yacht hot on the tails of Air and Satori. The 55-meter (180-foot) Quinta Essentia is the largest launch by the yard to date.
Keep your eyes peeled for my review of Viking’s new 42 Open in the upcoming May issue of PMY.
The 42’s Palm-Beach-style helm is one of the simplest, most elegant setups I’ve seen on a boat of any size in the past few years. And simple is important, in my opinion—some vessels these days are perhaps overly complicated from the operational standpoint, a foible that Viking’s gracefully avoided with the 42.