United States

Westport Brokerage

The 24.38-meter <a data-gid="gid://syiq/Company/466" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hatteras Yachts (Company)">Hatteras</a> motor yacht <a data-gid="gid://syiq/Yacht/7120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Beeliever24.38m (79'12&quot;)Hatteras Yachts2005">The Beeliever</a> sold in a deal with <a data-gid="gid://syiq/Company/2529" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Worth Avenue Yachts (Company)">Worth Avenue Yachts</a> broker Chris June representing the buyer and John Varga of <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport Yachts</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/178623/image/large-9ecd86554f2f9ce3cf60857c8ecb2fa5.jpg" data-gid="gid://syiq/Photo/178623"><a data-gid="gid://syiq/Yacht/7120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Beeliever24.38m (79'12&quot;)Hatteras Yachts2005">The Beeliever</a>, previously named La Mer, was launched in 2005 and was built and designed by <a data-gid="gid://syiq/Company/466" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hatteras Yachts (Company)">Hatteras Yachts</a>. The <a data-gid="gid://syiq/Company/466" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hatteras Yachts (Company)">Hatteras</a> 80 series yacht underwent a refit in 2015 which saw updates and upgrades to her interior and lounge areas.<img src="https://photo-assets.superyachttimes.com/photo/178625/image/large-fd515e7177c9e353cd146ecd69dc198c.jpg" data-gid="gid://syiq/Photo/178625"><img src="https://photo-assets.superyachttimes.com/photo/178622/image/large-c8468a1f1e0c35807dd0005a79f58ee2.jpg" data-gid="gid://syiq/Photo/178622">The flybridge yacht is able to accommodate up to eight guests across four staterooms including a full-beam en-suite master stateroom. Her main saloon is outfitted with a seating area, a sunken bar and a formal dining area forward, while her sky lounge features an additional bar and cocktail table.<img src="https://photo-assets.superyachttimes.com/photo/178624/image/large-3c0adfad5c25ffe8c927aa0578b4e5f7.jpg" data-gid="gid://syiq/Photo/178624">In terms of performance, <a data-gid="gid://syiq/Yacht/7120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Beeliever24.38m (79'12&quot;)Hatteras Yachts2005">The Beeliever</a> is equipped with twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines that provide her with a top speed of 25 knots and a cruising speed of 20 knots. At the time of her sale <a data-gid="gid://syiq/Yacht/7120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Beeliever24.38m (79'12&quot;)Hatteras Yachts2005">The Beeliever</a> had a last known asking price of $2,375,000.<img src="https://photo-assets.superyachttimes.com/photo/53465/image/large-160bbdfa4a1137f81120a1d4ed94f910.jpg" data-gid="gid://syiq/Photo/53465">

24m Hatteras motor yacht The Beeliever finds new owners

Hatteras’ 24m motor yacht The Beeliever sold with a last known asking price of $2,375,000.

24m Hatteras motor yacht The Beeliever sold

The 33.23-metre Hargrave motor yacht&nbsp;<a data-gid="gid://syiq/Yacht/2023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Star33.23m (109'0&quot;)Hargrave Custom Yachts2001">Sea Star</a> has been sold after nearly four and a half years on the market. The yacht, which was launched in 2001, was sold by Yannis Zagorakis of <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave Custom Yachts</a> who represented the seller and Camm Moore of <a data-gid="gid://syiq/Company/4542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Brokerage (Company)">Westport Brokerage</a> who represented the buyer.<img src="https://photo-assets.superyachttimes.com/photo/82936/image/large-82d62b03a6ecd21c5ca0ce5a3b1384dc.jpg" data-gid="gid://syiq/Photo/82936"><a data-gid="gid://syiq/Yacht/2023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Star33.23m (109'0&quot;)Hargrave Custom Yachts2001">Sea Star,</a> previously named Missy B, features exterior design by the <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave Design Team</a>, while her interior was penned by <a data-gid="gid://syiq/Company/896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Interiors by Shelley (Company)">Yacht Interiors by Shelley</a>, with naval architecture by her builder. She is the 14th largest yacht built by <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave</a>. The yacht has a beam of 6.48m, a draft of 1.98m and a volume of 228 GT.<img src="https://photo-assets.superyachttimes.com/photo/82935/image/large-34cbd02e21081d23d843047b5e779eea.jpg" data-gid="gid://syiq/Photo/82935">The motor yacht <a data-gid="gid://syiq/Yacht/2023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Star33.23m (109'0&quot;)Hargrave Custom Yachts2001">Sea Star</a> can accommodate as many as eight guests between her four state-rooms, and can also host a crew of five including the captain, between three cabins. Her guest cabins consist of one master, two double staterooms and one twin. The large rooms feature a wooden lacquer interior finish and two decks.<img src="https://photo-assets.superyachttimes.com/photo/82933/image/large-35698652fdbc9bd5d7fe989b398382df.jpg" data-gid="gid://syiq/Photo/82933"> She reaches a top speed of 16 knots, with a cruising speed of 12 knots, powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar&nbsp;</a>engines. She had a last known asking price of $1,895,000.<img src="https://photo-assets.superyachttimes.com/photo/82932/image/large-69aaac002f8a34d7c80a346b2e1a1eb1.jpg" data-gid="gid://syiq/Photo/82932">

Hargrave motor yacht Sea Star sold

The 33m Hargrave Sea Star has been sold, she had a last known asking price of $1,895,000

The 33m Hargrave yacht Sea Star finds new owners

The 34.14-metre Westport motor yacht <a data-gid="gid://syiq/Yacht/5688" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seahawk34.14m (112'0&quot;)Westport Yachts2014">Seahawk</a> has been sold. The deal was concluded by <a data-gid="gid://syiq/Company/2863" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Woods & Associates (Company)">Woods &amp; Associates</a>, alongside <a data-gid="gid://syiq/Company/4542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Brokerage (Company)">Westport Brokerage</a> broker Camm Moore representing the seller and <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> brokers Richard Glazer and Erik Mayol who introduced the buyer. &nbsp; <img src="https://photo-assets.superyachttimes.com/photo/189275/image/large-cfabdaf5ca2bb899ec08f91d2dc4cad9.jpeg" data-gid="gid://syiq/Photo/189275"><a data-gid="gid://syiq/Yacht/5688" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seahawk34.14m (112'0&quot;)Westport Yachts2014">Seahawk</a> was launched in 2014 and features naval architecture from <a data-gid="gid://syiq/Company/218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jack Sarin Naval Architects, Inc. (Company)">Jack Sarin Naval Architecture</a>, exterior and interior design from her builder <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport Yachts</a>. As many as eight guests are accommodated aboard the yacht, alongside four crew members. <img src="https://photo-assets.superyachttimes.com/photo/189272/image/large-6f141f35e00fcbccbb28169016246982.jpeg" data-gid="gid://syiq/Photo/189272"><img src="https://photo-assets.superyachttimes.com/photo/189271/image/large-1091e9c26c75a2a9fe1ec9560585f72b.jpeg" data-gid="gid://syiq/Photo/189271">The yachts interior is finished in cream and light tones varnished wood throughout. The four staterooms include a main deck master suite with light carpets and dark furniture, in keeping with the social areas onboard. <img src="https://photo-assets.superyachttimes.com/photo/189266/image/large-91fb0f6b2c07378fe4d698c4c3c97fdf.jpeg" data-gid="gid://syiq/Photo/189266"><img src="https://photo-assets.superyachttimes.com/photo/189262/image/large-91128976d33ce640c20787ac3be981c8.jpeg" data-gid="gid://syiq/Photo/189262">On deck, <a data-gid="gid://syiq/Yacht/5688" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seahawk34.14m (112'0&quot;)Westport Yachts2014">Seahawk</a> has a number of al fresco and semi-al fresco dining and lounging areas to her aft and bow, as well as on her flybridge.<img src="https://photo-assets.superyachttimes.com/photo/189520/image/large-c3733e7c3a9dadb4975b1213c32b583d.jpeg" data-gid="gid://syiq/Photo/189520"><img src="https://photo-assets.superyachttimes.com/photo/189261/image/large-28b3a62532f6ee4282e778c5407a38a3.jpeg" data-gid="gid://syiq/Photo/189261">She had a last known asking price of $10,500,000.

Motor yacht Seahawk sold

The 2014 Westport motor yacht Seahawk has been sold, she had a last known asking price of $10,500,000.

Westport motor yacht Seahawk has been sold 

The 24.38-metre yacht <a data-gid="gid://syiq/Yacht/7120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Mer24.38m (79'12&quot;)Hatteras Yachts2005">La Mer</a> has been sold in just under six months on the market with a last known asking price of $2,350,000. The deal was concluded with Ann Avery of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a> representing the seller and John Varga of <a data-gid="gid://syiq/Company/4542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Brokerage (Company)">Westport Brokerage</a> representing the buyer.<img src="https://photo-assets.superyachttimes.com/photo/178623/image/large-9ecd86554f2f9ce3cf60857c8ecb2fa5.jpg" data-gid="gid://syiq/Photo/178623">Built and designed by <a data-gid="gid://syiq/Company/466" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hatteras Yachts (Company)">Hatteras Yachts</a>, <a data-gid="gid://syiq/Yacht/7120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Mer24.38m (79'12&quot;)Hatteras Yachts2005">La Mer</a> was launched in 2005. The motor yacht has been well-maintained and underwent a refit in 2015 to update her interiors, which included upgrades to her lounge areas. Her main saloon is outfitted with a seating area, a sunken bar and a formal dining area forward. Her sky lounge features an additional bar and cocktail table.<img src="https://photo-assets.superyachttimes.com/photo/178622/image/large-c8468a1f1e0c35807dd0005a79f58ee2.jpg" data-gid="gid://syiq/Photo/178622"><img src="https://photo-assets.superyachttimes.com/photo/178624/image/large-3c0adfad5c25ffe8c927aa0578b4e5f7.jpg" data-gid="gid://syiq/Photo/178624"><a data-gid="gid://syiq/Yacht/7120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Mer24.38m (79'12&quot;)Hatteras Yachts2005">La Mer</a> can accommodate as many as eight guests across four staterooms including a full-beam, en-suite master cabin.<img src="https://photo-assets.superyachttimes.com/photo/178625/image/large-fd515e7177c9e353cd146ecd69dc198c.jpg" data-gid="gid://syiq/Photo/178625">Performance-wise, <a data-gid="gid://syiq/Yacht/7120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Mer24.38m (79'12&quot;)Hatteras Yachts2005">La Mer</a> sports two Caterpillar C30 diesel engines which allow her to reach a top speed of 25 knots and cruise comfortably at 20 knots.<img src="https://photo-assets.superyachttimes.com/photo/53465/image/large-160bbdfa4a1137f81120a1d4ed94f910.jpg" data-gid="gid://syiq/Photo/53465" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">

24m yacht La Mer sold

The 24m Hatteras yacht La Mer has been sold in under six months with a last known asking price of $2,350,000.

The 38.1-metre yacht <a href="https://www.superyachttimes.com/yachts/castlefinn-38m" rel="noopener noreferrer" target="_blank" title="">Castlefinn is for sale</a>. Built by the American shipyard <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport Yachts</a> in 2019, <a data-gid="gid://syiq/Yacht/7205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Castlefinn38.1m (125'0&quot;)Westport Yachts2019">Castlefinn</a> is nearly brand new. <img src="https://photo-assets.superyachttimes.com/photo/190624/image/large-2409a9a15b56c8c7de6fb0229431d54f.jpg" data-gid="gid://syiq/Photo/190624">The <a href="https://www.superyachttimes.com/yachts/westport/for-sale" rel="noopener noreferrer" target="_blank" title="">Westport Yacht for sale</a> was delivered as the fifth hull of the Westport 125 model and features both naval architecture and an exterior design from her builder, <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport Yachts</a>. Her interior design is the work of Florida-based design studio <a data-gid="gid://syiq/Company/2524" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Destry Darr Designs (Company)">Destry Darr Designs</a>. <img src="https://photo-assets.superyachttimes.com/photo/190619/image/large-05550ad699472723b031084d39af4da1.jpg" data-gid="gid://syiq/Photo/190619">The yacht <a href="https://www.superyachttimes.com/yachts/castlefinn-38m" rel="noopener noreferrer" target="_blank" title="">Castlefinn, for sale</a>, features interior finishings in a neutral colour palette and contrasted with dark sapele hardwood flooring throughout. <a data-gid="gid://syiq/Yacht/7205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Castlefinn38.1m (125'0&quot;)Westport Yachts2019">Castlefinn</a> can accommodate up to 10 guests in five staterooms, including a main deck master stateroom.<img src="https://photo-assets.superyachttimes.com/photo/190617/image/large-5eccb34ffd28f746277e22e5f80a1697.jpg" data-gid="gid://syiq/Photo/190617">In addition to her 329 GT of interior volume, guests on board the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> can enjoy exterior spaces such as her sun deck, an aft lounge area and a stern-located beach club that provides direct access to the water via a swimming platform. <a data-gid="gid://syiq/Yacht/7205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Castlefinn38.1m (125'0&quot;)Westport Yachts2019">Castlefinn</a> stores a tender on her upper aft deck and has a selection of toys on board including two Jet Skis.<img src="https://photo-assets.superyachttimes.com/photo/190616/image/large-96761b2209885d6650e4d4fc79cc2f17.jpg" data-gid="gid://syiq/Photo/190616">The yacht <a href="https://www.superyachttimes.com/yachts/castlefinn-38m" rel="noopener noreferrer" target="_blank" title="">Castlefinn, for sale</a>, is powered by two MTU 16V 2000 M96L, which provide a total power of 5,200 hp. Thanks to her semi-displacement hull configuration, <a data-gid="gid://syiq/Yacht/7205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Castlefinn38.1m (125'0&quot;)Westport Yachts2019">Castlefinn</a> can reach a top speed of 25 knots and cruise at 20 knots.&nbsp;

New to market: 38m Westport yacht Castlefinn

New to the market: yacht Castlefinn for sale. Built in 2019 by Westport Yachts, she can accommodate up to 10 guests across five staterooms.


With the state of the market in the Americas a hot topic within the superyacht industry, there’s been plenty of talk surrounding its past developments and future outlook - much of which will also be discussed together with industry experts in <a href="https://www.superyachttimes.com/yacht-news/superyacht-times-webinar-programme" rel="noopener noreferrer" target="_blank" title="">tomorrow's Webinar which focuses on 'The US Market'</a>. Using data from our <a href="https://shop.superyachttimes.com/report/superyacht-times-the-state-of-yachting-2020" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times iQ reports,</a> SYT’s head of intelligence, Ralph Dazert, examines how new and used yacht sales, yacht construction and yacht ownership have evolved in the region over the past five years. In addition, we also spoke to industry experts all around the world in order to get their take on the market performance between 2015-19 and discover how it’s shaping up for the future.<img src="https://sya.superyachttimes.com/uploads/store/photo/57601/image/large-00c7e3d8a026206128e318b9c027449c.jpg" data-gid="gid://syiq/Photo/57601">The Americas: An OverviewNew superyacht construction in the Americas has decreased by more than 50% in the past five years, from 92 yachts during the preceding five-year period (2010-2014) to just 38 during 2015-2019. North America, however, remains the strongest superyacht buyers’ market, with US and Canadian buyers jointly responsible for 24% of all new-build sales of yachts over 40 metres to buyers with a known nationality. North American buyers of new yachts over 40 metres particularly like Dutch-built superyachts, with 44% of the new yachts they bought built in the Netherlands. Italy is the second most popular build country with 18% of the yachts having been built there. North American yards are currently small players in the over-40-metre market, with domestic buyers sourcing only 6% of new yachts in this size category from their own countries. <img src="/uploads/store/photo/57602/image/large-aba2db5525ff51a4082a5e2f5a1e258c.jpg" data-gid="gid://syiq/Photo/57602">Key Figures <ul><li>38 yachts were completed between 2015-2019 (United States: 34; Brazil: 3; Canada: 1)</li><li>19 yachts were under construction (United States: 15; Canada: 3; Brazil: 1)</li><li>27.6% of the world fleet was owned in the Americas (in number of yachts)</li><li>24.3% of yachts were owned in North America (mostly the United States), 2.0% percent in Central America (mostly Mexico) and 1.5% in South America (mostly Brazil) as of the end of 2019.</li><li>United States’ share of ownership is up over the past two years, as is the Mexican share of ownership</li><li>The South American share of ownership is down, from a peak of 1.8% of the fleet in 2016 to 1.5% in 2019.</li><li>The North American market took 24% of all new-build sales over 40 metres during 2015-2019.</li><li>In used yacht sales over 40 metres, North American buyers were the biggest force, taking 37% of used sales with a known buyer nationality.</li></ul><img src="/uploads/store/photo/57608/image/large-0b5080367c7edf9a4d7dcba590a3eeaa.jpg" data-gid="gid://syiq/Photo/57608">Q&amp;A on the Market in the Americas, 2015-19 Here, we speak to industry representatives from across the region to find out how the market has evolved since 2015 and to garner their thoughts on the future. What is the typical profile of the customer base in the Americas region and have you seen a shift in what clients are looking for in their superyachts over the last five years, in terms of the size, style or purpose?Alex Rogers (Director,&nbsp;<a data-gid="gid://syiq/Company/4542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yacht Sales (Company)">Westport Yacht Sales</a>): The customer trend definitely seems to be getting younger while yacht sizes are definitely getting bigger, and we have seen a rise in demand for beach clubs and gyro stabilisers.&nbsp;Roger Sowerbutts (Director,&nbsp;<a data-gid="gid://syiq/Company/4828" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yacht USA (Company)">Horizon Yacht USA</a>): Although many of our clients have similar cruising grounds or lifestyles, there are nuances in their yachts and in their specific requirements for layout, equipment and features. We have however seen a consistent interest in outdoor entertainment areas, so we often design foredecks, flybridge decks and aft spaces around dining, lounging and entertaining in these spaces. There is also a larger focus on interior volumes, with less emphasis being placed on the overall length of yachts. <img src="/uploads/store/photo/119316/image/large-7f52798ab3cef92c28ec73c43ce89d33.jpg" data-gid="gid://syiq/Photo/119316">Michael Joyce (CEO,&nbsp;<a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave Custom Yachts</a>): The typical <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave</a> buyer is usually 60+ and has been boating for at least thirty years. As they reach this point in their life, they tend to know exactly what they want in their next yacht, which is why they are eager and willing to go through the entire design and build process to get it.&nbsp;We have noticed that clients also focus more on accommodation as larger families go on board. The yacht is becoming generic while clients look more to its connectivity, water toys, and other add-ons that are of interest to their family and guests. Above all, it’s about the experience they are hoping to create on board.<img src="https://sya.superyachttimes.com/uploads/store/photo/119343/image/large-4aa080322fc84f479894508a17a3eaac.jpg" data-gid="gid://syiq/Photo/119343">Cromwell Littlejohn (Commercial Director USA,&nbsp;<a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a>): We certainly see younger boaters entering ownership, and first-time owners’ yacht sizes increasing (drastically!). However, this is likely due to the growth of the charter sector. Some first-time owners that we see entering the market have never owned a smaller boat themselves, yet they still have years of charter experience on their profile, which is something we haven’t seen in the past - the learning curve no longer comes only from ownership.&nbsp;With regards to onboard lifestyle, we’ve seen an increase in the amenities and features available to crew, as crew are often one of the highest expenditures in the operating budget and can make the biggest difference in an owner’s enjoyment of their yacht. <img src="/uploads/store/photo/113504/image/large-18c739096a122e92de4c099539620e17.jpg" data-gid="gid://syiq/Photo/113504">According to our data, 2019 saw fewer new and used yacht sales than 2018. Does this match what you have seen? What do you predict for 2020?&nbsp;Alex Rogers (<a data-gid="gid://syiq/Company/4542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yacht Sales (Company)">Westport</a>): 2019 was pretty consistent with 2018 for us, but there is a definite lack of used boat inventory. That being said, we hope to see clients looking at new inventory in 2020.Cromwell Littlejohn (<a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a>): Our data has shown that the number of yacht sales over 24 metres has remained relatively steady throughout the past three years, with approximately 10 boats difference between 2018 and 2019. While that overall number is a roughly 10% swing, the value and size of those sales seem to be trending upwards.&nbsp;Michael Joyce (<a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave Custom Yachts</a>): Your data matches what we are seeing in the world, but I’m not sure it matches the press releases we read every week saying builders are breaking all-time sales records. We are not expecting any change in 2020 until after the election, but we predict 2020 will remain strong. Wealthy people can probably see further into the future than most of us, but with the imminent threat of socialism taking control of the political system here in America, and every left-wing candidate talking about imposing staggering wealth taxes, many <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave</a> clients are postponing major purchase decisions until they see what happens in the next election.&nbsp;<img src="https://sya.superyachttimes.com/uploads/store/photo/35338/image/large-2c8d26490881491499c5a2ae5b1d1b3b.jpg" data-gid="gid://syiq/Photo/35338">Does the second-hand market have an impact on new-build sales in the Americas?Dan Mundy (President,&nbsp;<a data-gid="gid://syiq/Company/4696" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexander Marine USA (Company)">Alexander Marine</a>): In a sense, yes. With <a data-gid="gid://syiq/Company/1394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Alexander (Company)">Ocean Alexander</a>, we purposefully do not build two boats alike and are very cognisant about when to stop. Although we might build a number of models that share the same DNA and heritage, they all have a unique mark and style to them which gives them a strong stature. Therefore, even if we have three 100s on the market and one on the used <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">sales market</a>, we avoid saturating our brand and the market through our approach.Michael Joyce (<a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave Custom Yachts</a>): We have noticed that the time a yacht spends on the market has steadily gone up over the years as the supply of new-builds continues to increase while the demand remains the same or even slightly decreases. Since buyers know this and don’t want to be a two-boat owner in that scenario, the builder either takes a trade or has to wait for the brokerage market to find a buyer. With more builders shifting to building on speculation, it only increases the pressure on new boat prices.<img src="/uploads/store/photo/14690/image/large-7eff7ab585f358661ad3559dfd4cb396.jpg" data-gid="gid://syiq/Photo/14690">Are you using a specific marketing approach for the Americas region and does it differ from your approach to other areas?&nbsp;Roger Sowerbutts (<a data-gid="gid://syiq/Company/4828" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yacht USA (Company)">Horizon Yacht USA</a>): <a data-gid="gid://syiq/Company/4828" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yacht USA (Company)">Horizon</a> has a global marketing message, but we also tailor our marketing to each region. Our global message focuses on three key components: firstly, what sets <a data-gid="gid://syiq/Company/4828" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yacht USA (Company)">Horizon</a> apart as a luxury manufacturer - which is our flexibility in design and build; secondly, our commitment to our clients, listening to their requirements and building the yacht of their dreams; and thirdly, that boating is about having fun and enjoying the experience.&nbsp;Dan Mundy (<a data-gid="gid://syiq/Company/4696" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexander Marine USA (Company)">Alexander Marine</a>): I would say that our marketing approach to the Americas is very simplistic: we are not a production builder. We build a boat that speaks to the Americas, but one which still has a very international feel. Our largest market is definitely the Americas, but because we also have such a broad range we are able to actually find a unique synergy with all of our clients. <img src="/uploads/store/photo/4215/image/large-a766cee897d013d87d9d23e00999741c.jpg" data-gid="gid://syiq/Photo/4215">Michael Joyce (<a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave Custom Yachts</a>): The <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave</a> name has been laser-focused on the US market for over sixty years and almost every client has owned a <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave</a>-designed yacht at some point in their history. Everything we have going on with <a data-gid="gid://syiq/Company/898" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kha Shing Enterprises Co., LTD. (Company)">Kha Shing</a> in Taiwan for the past 20 years has been focused on the US market, and with over 100 projects to date, we used a low profile marketing program that is centred around our referral network of clients, captains, and brokers.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<a href="https://shop.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title=""><img src="/uploads/store/photo/55401/image/large-6524e9c9dfc37e22bf131ecc39bea57e.png" data-gid="gid://syiq/Photo/55401"></a> This article was first featured in The SuperYacht Times newspaper.&nbsp;<a href="https://shop.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">Subscribe</a>&nbsp;now to receive your copy straight to your door and never miss another issue.

Investigating the yacht market in the Americas

Using data from our reports and SYT iQ, we investigate the developments of the superyacht market in the Americas across the last five years.

Insight: The state of the market in The Americas

The 34.14-metre yacht <a data-gid="gid://syiq/Yacht/1733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Maggie34.1m (111'11&quot;)Westport Yachts2008">My Maggie</a> has been sold after Michael Rafferty and John Weller from <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> introduced the buyer and Brian Long of <a data-gid="gid://syiq/Company/4542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yacht Sales (Company)">Westport</a> represented the seller. <a data-gid="gid://syiq/Yacht/1733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Maggie34.1m (111'11&quot;)Westport Yachts2008">My Maggie</a> was delivered to her original owner in 2008 by American shipyard <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport</a> under the name Vita Bella.<img src="/uploads/store/photo/109257/image/large-1604fd6b6278b53d8a75761eb89c13e2.jpg" data-gid="gid://syiq/Photo/109257">The recently sold superyacht, who is now with her third owner, features naval architecture by Jack Sarin Naval Architects and an exterior design by <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport Yachts</a>. Inside, <a data-gid="gid://syiq/Yacht/1733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Maggie34.1m (111'11&quot;)Westport Yachts2008">My Maggie</a> is able to accommodate up to eight guests in four staterooms that are decorated in warm woods and various marbles. <img src="/uploads/store/photo/109259/image/large-1e0beeed998fc87eaac4c9cba89bde2d.jpg" data-gid="gid://syiq/Photo/109259"><img src="/uploads/store/photo/109261/image/large-71fe0075a33aa40ed8f106ac0cf418de.jpg" data-gid="gid://syiq/Photo/109261"><img src="/uploads/store/photo/109260/image/large-6b3f86968d1637163630e4cb3072bf8f.jpg" data-gid="gid://syiq/Photo/109260"><a data-gid="gid://syiq/Yacht/1733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Maggie34.1m (111'11&quot;)Westport Yachts2008">My Maggie</a> underwent a refit in 2015 and is powered by twin MTU 16V 2000 M91 engines to reach top speeds of 25 knots. At the time of sale, the Westport 112 model had a last asking price of $6,695,000.

34m Westport yacht My Maggie sold to third owner

The 34.14-metre yacht My Maggie has been sold by both IYC and Westport. 

After completing her most recent refit earlier this year, the 34.1-metre motor yacht <a data-gid="gid://syiq/Yacht/1734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dreams34.1m (111'11&quot;)Westport Yachts2008">Dreams</a> has changed hands, thanks to Bryan Long from <a data-gid="gid://syiq/Company/4542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yacht Sales (Company)">Westport Yacht Sales</a> representing the seller and <a data-gid="gid://syiq/Company/227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moran Yacht & Ship (Company)">Moran Yacht &amp; Ship</a> representing the buyer.&nbsp;<img src="/uploads/store/photo/81228/image/large-8dbc434226ddf6eec6309c4e84c376ce.jpg" data-gid="gid://syiq/Photo/81228">Built as a unit of the <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport</a> 112 line, <a data-gid="gid://syiq/Yacht/1734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dreams34.1m (111'11&quot;)Westport Yachts2008">Dreams</a> was completed in 2008, featuring an exterior design by the American shipyard and naval architecture from <a data-gid="gid://syiq/Company/218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jack Sarin Naval Architects, Inc. (Company)">Jack Sarin Naval Architects</a>. The 207 GT vessel comfortably accommodates up to eight guests across four staterooms.&nbsp;Performance-wise, she is powered by two <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> 16V 2000 diesel engines, giving her a cruising speed of 22 knots and a top speed of 25 knots.&nbsp;At the time of <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">the sale</a>, motor yacht <a data-gid="gid://syiq/Yacht/1734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dreams34.1m (111'11&quot;)Westport Yachts2008">Dreams</a> had an asking price of $6,495,000.

A new owner for Westport 112 yacht Dreams

Following her recent refit earlier this year, the 34m motor yacht Dreams has been sold. 

Westport 112 yacht Dreams finds a new owner

Westport has announced the sale of the 36.58-metre superyacht <a data-gid="gid://syiq/Yacht/4611" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miss Moneypenny36.9m (121'1&quot;)">Miss Moneypenny</a>, with Jack Robertson at HMY acting as the listing agent. &nbsp;<img src="/uploads/store/photo/26915/image/large-42374eaa0f3e14323a3cadb7be116b85.JPG" data-gid="gid://syiq/Photo/26915">Built in 2017 by Ocean Alexander and commissioned by an experienced owner in 2018, this motor yacht features an exterior and interior designed by Evan K Marshall.Able to accommodate up eleven overnight guests across five staterooms, she features an owner’s cabin on the main deck, complete with en-suite bathroom. Four guest cabins, two VIP and two twin, one with a pullman berth, are located on the lower deck.<img src="/uploads/store/photo/7126/image/large-b7fb6c74a9e426d00425071c3152854e.JPG" data-gid="gid://syiq/Photo/7126">&nbsp;<a data-gid="gid://syiq/Yacht/4611" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miss Moneypenny36.9m (121'1&quot;)">Miss Moneypenny</a> also offer accommodation for five crew members in separate crew quarters.&nbsp;