Red Square, a 72 metre to be delivered by Dunya Shipyard in Turkey in spring 2010, is the latest new CA signed up by Tomaso Polli in Edmiston’s London office. She is one of some 30 new builds that Edmiston & Company is involved with. Designed by Sterling Scott, described by Polli as a ‘rising star in superyacht designers’, with an interior by Alberto Pinto, the €58.5 million Red Square will accommodate 16 guests and cruise at 16 knots.

For buyers looking for a deal as the summer season approaches, four owners have made significant price reductions to ensure speedy sales as their other plans come to fruition. Alibi (51m CBI Navi, 2005) is down from €27.95m to €25.5m, Aquarius S (32m Falcon, 2002) from €4.3m to €3.975m, Mamma Mia (36.6m Benetti Classic, 2007) €13.5m to €12.9m and Ocean 55 (55.1m explorer yacht) back on the market at €11.5m.