The global yacht market faced notable challenges in 2024, with fewer than 650 transactions completed in the first ten months, marking a contraction in both brokerage and new yacht sales. This continues the market shift that began in Q3 2022. While the global yacht market saw a 23% decline in 2024, IYC reported only a 6% decrease in transactions compared to 2023.
Five years after their acquisition of Dutch yacht builder Moonen Yachts, Matthew and Louise Baxter reflect on their transformative journey during the Fort Lauderdale International Boat Show. We discussed the challenges they have faced, the plans for the future, as well as the new flagship model the 133 Mallorca.
Each week we take a closer look at the world’s finest superyachts for charter. This week, BOAT steps on board the 52.3-metre Baglietto Akula, which was delivered this year, to see what makes her an exciting new addition to the charter fleet.
Wall Street’s ‘Trump bump’ in the wake of Donald Trump’s presidential election win is showing signs of spreading to yachting, according to Raphael Sauleau, CEO, IYC.
SuperYacht Times takes a closer look at the US superyacht sales market, the economic and political factors influencing it, and the trends to watch in the year ahead.
The growth of the global yacht charter market is driven by more private islands on cruise itineraries and a rise in high-income individuals.
At the recent Fort Lauderdale International Boat Show (FLIBS), Heather Hatcher, Senior Charter Manager at IYC shared insights on the essential elements of a successful charter business.
The 57-metre motor yacht Liberty has been sold with Rob Newton and Richard Gray of IYC representing the seller and Bill Powers of 26 North introducing the buyer.