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Thursday, June 13th, 2013
Despite the looming economic and political problems in many Mediterranean countries such as Greece, Italy, and Spain, the yacht rental market has been steadily increasing in the region since the economic crash in 2008 and 2009. Part of the reason for this increase is due to the U.S. stock market recovery and soaring wealth in other parts of the world (with an exception of Europe). This growth has also contributed to the growth of the yacht shipping industry, as the increased demand for yacht charters in the Med makes for more charter yachts being shipped over by such companies from all over the world.
“We’ve seen our charter bookings steadily increase over the past three years,” said Michel Chryssicopoulos, partner of the yachting company Cape4. Clients are mostly Russian, American and recently, Brazilian, he said.
It seems the wealthy are still wealthy and getting wealthier and can afford the luxury of chartering a mega yacht in the Mediterranean. These elites will charter the most extravagant yachts this summer like the M/Y Eclipse which is owned by Russian billionaire Roman Abromovich. Although the Eclipse is no longer the largest yacht in the world (it was replaced recently by M/Y Azzam), it definitely still weighs in as one of the most expensive charter vessels in the world, costing whopping $2.6 million a week to charter. So, if you are one of those fortunate individuals, and are looking to splurge this summer, then you are in luck because the Eclipse is available for charter right now in the Med.
In fact, charter companies and yacht shipping companies are reporting that the larger yachts are being sought after the most lately. “Even if the rich lost a little money, they still have money to charter,” said Jean-Claude Hervé, a board member of the Mediterranean Yacht Brokers Association and director of InT-Marine, a chartering company. One of the goals of the association is to weed out would-be brokers and insure a standard of professionalism and service. Burgess InT and Cape4 are members of the brokers’ group. “My target is to try to accept only the crème de la crème,” Mr. Hervé said. For now, the market for boats of less than 35 meters is the only section of the mega yacht chartering business that is suffering, partly reflecting oversupply.
One thing is clear, the chartering market in the Med is alive and well and that is a good thing for not only chartering companies and yacht shipping companies, but also for local economies that have been suffering in recent times. As wealthy yacht enthusiasts come to the Med from all over the world and bring their check books, they are bringing much needed monetary stimulation to countries like Italy and Greece who so desperately need it.
Tuesday, May 21st, 2013
Although its owner is still unknown, Azzam is now the largest super yacht in the world.
The world’s largest super yacht, Azzam, was launched by Lurssen, a German company. Although there were some yacht concepts, such as the Everest, that were expected to replace Abromovich’s Eclipse, which previously held the title, none of them were actually built—except Azzam. The 180 meter (almost 600 feet) floating palace emerged on April 5, although it will be several months before it’s complete. Although its current location is unknown, one can assume that once the yacht is complete it will be transported by a yacht shipping company to wherever its owner may request. As of today, its owner is also a mystery, although it is rumored to be owned by a member of the Saudi Royal Family.
Azzam, which is worth a whopping 400 million Euros, is longer than 12 double decker buses parked end to end, is also expected to be super fast, with 94,000 horsepower, and could reach speeds of upwards of 30 knots, or 35mph. Azzam, which means dedication in Arabic, is said to be the, ‘most complex and challenging yacht that has ever been built.’ It was designed by Nauta Yachts in Italy but constructed in Bremen Germany, by Lurssen. The firm’s Peter Lurssen said, “She truly represents another milestone in yachting history.”
So how does the new front runner, Azzam, add up to the old one, Eclipse? Well, for starters, it is 57 feet longer and much heavier, weighing in at nearly 14,000 tons! That’s roughly the weight of 1,750 adult African elephants! Wow. And although there is little is known about the interior of the yacht, which will require a staff of 50 and will be delivered to its owner later this year by way of a yacht shipping company, it is likely it will match the luxury of Abramovich’s Eclipse, which features an armor-plated master suite, two swimming pools, two helipads, a hall, a cinema, a mini-submarine and even its own missile defense system. The interior designer, Christophe Leoni was briefed to create, ‘a sophisticated and luxurious interior in a turn of the century ‘Empire’ style,’ which is an influential French movement of the early 19th century. Regardless of how Azzam is decorated, rooms like the 29-metre-long saloon (which has no decorative or supportive pillars), with its 20+ meter beam, should be quite a sight.
Because of the size of Azzam, there are only a few marinas in the world that will be able to accommodate such a massive vessel—Monaco and Antibes. Once this extraordinary super yacht is complete, it is expected to be moved by way of a yacht shipping company to one of these two elite yachting destinations.
[Photo Provided By: superyachttimes.com]
Wednesday, March 27th, 2013
Yachts on Display at the Palm Beach International Boat Show
The 28th Annual Palm Beach International Boat Show wrapped up this past weekend and as it does every year, it offered plenty of eye candy to those in attendance. In fact, the 4-day show offered over $1 billion worth of jazzy ocean bling, all lined up along Flagler Drive in West Palm Beach, just waiting to be adorned (and purchased). And if a 200 foot M/Y was not within your budget, there were plenty of other purchase options at the boat show, which would certainly have eased your sudden desire for extravagance brought on by the luxe atmosphere at the spectacular show.
The breezy salty air mixed with the hot tropical sunshine provided the perfect setting for the elegance of the in-water boat show, which is one of the 10 largest in the world. The event drew over 50,000 onlookers this year, and displayed over 500 boats and yachts, most of them for sale, and many of them shipped there by boat shipping companies from all four corners of the Earth.
People came from all over, some buying boats, some buying boating gear, and some just taking in the boating life experience. There were over 360 vendor booths that showcased the finest marine industry services and products. Whatever you needed to buy for your boat, it was there: from luxury services like boat shipping and detailing to yacht toys and navigational aids to apparel and upkeep supplies.
“We really enjoyed the show this year. We live in West Palm, so we go every year,” said Rex Bernard, a local boat enthusiast who regularly attends the PBIBS. “This year I just cruised over in my boat, it was very convenient, actually.” In addition to the usual land access and parking, guests were also invited to come by boat and tie up to the free Come-by-Boat docks located south of the in-water displays.
In addition to the event being an aesthetically pleasing experience for those who attend, it is also a big boost to the local and state economy. The shows owner, the Marine Industries Association of Palm Beach County provides over 20,000 jobs and just last year’s show alone generated more than $77 million in economic impact in the tri-county South Florida region, according to Mike Antheil, the MIAPBC Executive Director.
Some new features at this year’s show included a Zeki Swimwear fashion show and live music by Captain Harry Band. Another noteworthy mention included the IGFA School of Sportfishing seminars and youth fishing clinics presented by the non-profit Hook the Future. And this year, the first 50 kids received a free rod and reel set and a commemorative t-shirt.
The PBIBS always provides a fantastic experience for the entire family to enjoy. In addition to being an all around fun event, it is also a great resource for boaters as it is a one stop shop for all their boating necessities. Whatever you needed for your yacht or for next yachting excursion, you could certainly have found it at the show, and so much more!
“We are going to Greece this summer and we wanted to be sure we were prepared,” said John Hain, a local boater. “We figured what better place to get ready than the boat show. This year, we decided to transport the boat instead sailing there ourselves and we were able to get a great shipping rate at one of the shows featured boat shipping companies.”
According to the New York Times, yacht shipping is a growing industry as gas prices and the threat of piracy are both on the rise. Before attending the show, Hain was not aware of how affordable this option could be. Thankfully, he was able to get the useful information at the show.
The Palm Beach International Boat Show ran from March 21 through March 24.
[Source: showmanagement.com, sunsentinal.com, newyorktimes.com]
[Photos By: Valentin Toma]
Thursday, February 7th, 2013
The Miami Yacht & Brokerage Show 2013
February 7, 2013 (Miami Beach, FL USA)-Yacht Exports, a marine transportation company specializing in worldwide boat shipping, announced today that it will have an exhibit at The Miami Yacht and Brokerage Show on Miami Beach. The show takes place February 14-18.
Organized by Show Management, The Miami Yacht and Brokerage Show is a 5-day, on-water boat show, showcasing some of the world’s most extraordinary and uniquely designed yachts and super yachts from the world’s foremost custom boat builders. The show will debut several new yachts from the biggest names in the industry such as Azimut Benetti, Satu Marine, Sunseeker, Hargrave. Covering more than 1.2 million square feet of space over a mile-long strip of Indian Creek Waterway, the show will feature over 500 new and pre-owned vessels valued at more than a billion dollars. In addition, there will also be hundreds of marine industry exhibitors providing everything you could imagine for the boating and yachting lifestyle, from nautical retail companies like West Marine to service companies like Yacht Exports who provide boat transportation worldwide.
Yacht Exports has been displaying at The Miami Yacht and Brokerage Show for over a decade. “We always look forward to this show—it is a fantastic event. We see it as a perfect opportunity for us to build relationships with our clients as well as our peers and also to take in all that our great industry has to offer. Show Management always does such a great job organizing it, and we are proud to be a part of it.” Said Yacht Exports General Manager Alon Ezra.
Yacht Exports is one of the world’s leading boat shipping and yacht shipping companies. For over 25 years, they have been providing their clients with the most comprehensive domestic and international boat transportation and yacht shipping services in the marine transportation industry. According to the News York Times, as gas prices continue to rise on a global scale, the demand for boat shipping services has also grown substantially. It seems more and more boat and yacht owners are considering that having a company relocate their vessel for them (as opposed to sailing on their own bottom) will not only save them time, but also money as well. The logistics experts at Yacht Exports are aware of this growth in the industry, and are dedicated providing their clients with the most cost-effective, all-inclusive, worry-free boat shipping and logistics services on the market. Backed by their unparalleled global network and years of experience, Yacht Exports has truly carved a name for itself as one of the most trusted, innovative and future-forward companies in their sector.
The Miami Yacht & Brokerage Show 2013
For more information on Yacht Exports and their exhibit at The Miami Yacht and Brokerage Show or for general information on the premier yacht shipping and boat transportation services that they provide, visit them on the web at www.yachtexports.com, email them at email@example.com or call them at +1-954-332-7846.
[Photos Provided By: Show Management]
Monday, January 28th, 2013
The Progressive Insurance Miami International Boat Show and the Yacht and Brokerage Show in Miami Beach are anticipated to have a huge turnout this year. The shows, taking place Feb 14-18, are usually very popular shows, but this year, they are expected to attract more than 110,000 visitors from all over the world. This is means a big boom in business for the city, as well as the marine industry in general, not to mention the many related industries, such as marine transportation. In fact, one sector of the marine transportation industry, boat shipping, is already feeling the impact.
“Compared to last year, we have seen a considerable increase in bookings for crafts being delivered to the Miami Boat shows. This is a good indication that there will be a really good turnout for this year’s shows,” said Alon Ezra of Yacht Exports. Yacht Exports, operating out of Southeastern United States, specializes in worldwide yacht shipping and boat shipping.
Another factor that will certainly contribute to the shows outcome is the recent announcement made by the National Marine Manufacturers Association’s that recreational boat sales were up 10 percent in 2012 and are projected to rise another 5 to 10 percent in 2013.
The Miami International Boat Show, owned and produced by the NMMA, draws about a billion dollars to the region and employs 9,000 full time workers at the show’s three locations, NMMA vice president of boat shows Cathy Rick-Joule told Soundings Trade Only.
“The last study we had commissioned was in 2005 and the impact was just shy of a billion, at $816.9 million,” Rick-Joule said. “We have commissioned a new economic impact study that will be complete this year.”
The Miami Yacht and Brokerage Show, which is owned and organized by Show Management, brings in around 100 million plus to the area every year.
“We hire 400 additional people every day to set up the show — and that’s just us,” Dane Graziano told Trade Only. Graziano is the Chief Operating Officer at Show Management.
Another positive industry indicator is that the Dealers and manufacturers have reported increased hiring and sales, according to the NMMA.
It is always encouraging to read about industry growth. As they say, one good thing leads to another, and this is certainly true in this case. We can all agree that it is always an encouraging thing when more jobs are created. As the Miami International Boat Shows grow in popularity, more jobs are created across the spectrum in order to meet the demands of a larger number of attendees.
As the opening day of the shows approach, we have already seen significant implications of business increasing for many related sectors. One such sector, the boat shipping and yacht shipping industry (which is a part of marine transportation) has already confirmed this development.
Friday, January 18th, 2013
The Balearic Islands, situated in the Mediterranean, are what many would say are some of the most beautiful natural cruising areas in the world. Located in Spain, the four main islands are Mallorca, Ibiza, Menorca and Formentera. With perfect year-round sailing weather, breathtaking scenery and some of the world’s best sailing events, these islands are some of the Med’s prime yacht shipping destinations.
Can you say perfect weather? Out of the 365 days in the year, these magnificent islands are blessed with sun for 300 of them. The peak season is summer in June, July and August, but the out of season weather is still quite pleasant. If that’s not enough reason to plan your next sailing vacation there, I’m not sure what is.
The sailing community in the Balearic Islands is a big one, and it’s no surprise why. Marinas are scattered throughout the area and offer a wide array of facilities. Also, the picturesque islands have many natural harbors, secluded coves and pretty anchorages—making the region the perfect place to sail and become one with nature. There is also much to see both inland as well as in the ports along the coast. The region features a rich culture where one can easily get a taste of the laid-back Spanish way of life by visiting some of the many waterfront bars and restaurants.
Another major appeal for avid sailors are the annual sailing events. The bay of Palma hosts several prestigious sailing events year round, including the Copa del Rey and Trofeo SAR Princesa Sofia held near Easter every year. Many of these sailing events, such as the Trofeo SAR Princesa Sofia, have been held for decades dating back to the 1960s. Not only do sailors and onlookers get to witness the events, they also get to experience the history behind it.
Want some more reasons why these fantastic islands make an excellent yacht shipping destination? How about they feature many unique sights you can’t find anywhere else, including Gothic architecture, hidden beaches, endless orchards of oranges and olives and even quaint little hilltop villages?
Still not convinced? Maybe you should explore Palma de Mallorca, which is the largest of the Balearics, and is known as the island of contrasts. There you will witness an amazing difference between its rough West Coast and its flat East Coast which contains the small and breathtaking fishing villages of Andraitx, Soller and Pollensa. This is a perfect stopover for those who love fishing. Drop in your line and catch yourself a bluefin tuna, albacore, or swordfish, which are all native to the area, and roast it yourself for a tasty delight to top off the experience. The capital, Palma, offers many cultural sights, restaurants and a dynamic nightlife as well. If you sail from Mallorca to Ibiza you will experience the joy of being accompanied by dolphins, turtles, flying fish, large jumping fish and a wide variety of birds. And once you arrive in Ibiza there are many good marinas and hundreds of beautiful bays to explore.
So, now that you’re convinced you must go, how will you get your yacht there to experience the bliss? Well, call your local boat shipping company of course! Yacht Exports of Fort Lauderdale offers the most premier yacht shipping services directly to Palma de Mallorca, landing you right in the middle of the magic. “We ship yachts to Palma de Mallorca regularly,” said Alon Ezra, manager at Yacht Exports. “It’s a beautiful destination, and many of our clients frequent the Balearic Islands yearly.”
So whether you go for the perfect weather, the sights, the events, the local bite, or for all of the above, you must sail the Balearic Islands at least once in your life, if you love sailing. You can thank us later. Happy cruising!
Wednesday, February 23rd, 2011
With sunny skies above, and temperatures hovering near 80 degrees, South Florida was the place to be this Presidents’ Day weekend, as world-class events filled the streets and waterways: the Miami International Boat Show & Strictly Sail, the Miami Yacht and Brokerage Show and the Coconut Grove Arts Festival. And with the economy cruising ahead, and consumer confidence rising, more tourists and locals are opened their eyes – and their wallets – this weekend, a huge sign that the recovery is steaming ahead.
“The traffic on the docks is much better from the last few years, which is a pretty good indicator’’ said Bob Saxon, president of Fort Lauderdale-based International Yacht Collection, which brought nine yachts to Miami Beach, including a $24.9 million, 161-foot Trinity. “The stock market is raging, and the word is that the economy is coming back, and that is helping us. If we can move two or three units at this boat show, it would mark a good show for us.’’
Overall, more than 100,000 attendees from South Florida and around the world toured the boat shows and displays which included boat shipping companies and multiple perspective boat sellers.
For the boating, yachting and sailing industry, the four-day shows this past weekend were among the most important events in the United States, organizers say. And this year, with the economy no longer listing, the mood was decidedly upbeat.
The boat show venues in Miami Beach were packed, and despite the headache of traffic for locals, the weather was warm, attendees were in high spirits, and vendors were optimistic of sales.
J Craft, a Swedish luxury power boat manufacturer, chose this year’s Miami Yacht and Brokerage Show, to make its U.S. debut. Celebrating its 23rd year, the show featured more than 500 new and pre-owned vessels, valued at more than $1 billion.
“We’ve had very good interest from Americans in Europe so far, and we’re selling boats,’’ said J Craft’s Johan Attvik, as he stood on the dock on Collins Avenue beside the jaw-droppingly stylish $895,000 42-foot La Decadence. “Our boat is very well-suited for the Caribbean market, and for Miami in particular.’’
In Miami, the Coconut Grove Arts Festival, which kicked off its 48th year on Saturday, had a strong showing, with more than 100,000 attendees to enjoy the art, entertainment, global food village and culinary pavilion.
A total of 380 exhibitors were selected, out of 1,232 applicants, this year, within such categories as digital art, fiber, glass, jewelry and metalwork, painting, photography, printmaking and sculpture, watercolor and wood, said Coconut Grove Arts Festival President Monty Trainer.
“Two different events, two different sides of our community,’’ he said, “which is another sign that Miami as a destination has a lot of range – not just the excitement of Miami Beach, but the laid-back vibe of Coconut Grove.’’