SuperYacht Times logo Yachting intelligence promo small
Yachting Intelligence
Latest news

The Australian advantage of the economic climate for superyachts


Platinum, a new 38 metre superyacht built in Australia, is just one of the examples of an exceptional purchase during these economic times. Recently released into the global market this new superyacht was priced competitively at $19.5m USD. Just a few months later the exchange rates now make Platinum one of the best superyacht purchases globally. Now placed at $9.95m USD, the superyacht hasn’t dropped by half price, the exchange rate of the USD and Australian Dollar has moved from 0.96 – down to hovering at 0.60.

The superyacht industry in Australia will be benefiting from this global reaction and the builder of Platinum says that he is keen to lay the keel for another superyacht and so Platinum is now the best value for the US Market.

This exchange rate will only be available as the markets move toward stabilisation. However, one thing that can be assured of being stable is Platinum. She was designed for global cruising and chartering, fully stabilised and is ready for sea.

There are few superyachts in the market that the new owner can take immediate delivery and choose their own carpet colour scheme then sail away.

For further information please go to: or contact Tony Hashfield of SuperYacht Technologies on +61 7 55148222

The SuperYacht Times iQ Report

SuperYacht Times - The State of Yachting 2020

Being the intelligence partner for the top shipyards and yacht brokers in the world, we have learned to analyse and track the market in great detail. Each year our leading market report is used by investors, CEOs, owners and other key decision makers to inform themselves on the state of the market and future developments. Find all the information you need on the market, fleet, construction book, ownership nationalities and much more in our report.

#weknow - do you want to know? Buy the report now for only €299!