Baby June III Yacht News & Events

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Baby June III

<a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yacht Sales (Company)">Denison Yacht Sales&nbsp;</a>has announced the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">sale</a> of the 31-metre motor yacht <a data-gid="gid://syiq/Yacht/400" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Breeze31.0m (101'8&quot;)KaiserWerft GmbH2005">Sea Breeze,</a> with <a data-gid="gid://syiq/Company/4757" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cambridge Yacht Group (Company)">Cambridge Yacht Group</a> representing the seller and Kurt Bosshardt from <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yacht Sales (Company)">Denison Yacht Sales</a> representing the buyer. <img src="/uploads/store/photo/26952/image/large-2f8f98bb97ee3148a6805fe9a85edafb.JPG" data-gid="gid://syiq/Photo/26952">Built in 2005 by <a data-gid="gid://syiq/Company/318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KaiserWerft GmbH (Company)">KaiserWerft</a>, <a data-gid="gid://syiq/Yacht/400" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Breeze31.0m (101'8&quot;)KaiserWerft GmbH2005">Sea Breeze</a> features both exterior and interior designs by the German company, with additional interior designs completed by <a data-gid="gid://syiq/Company/372" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kirschstein Designs Ltd (Company)">Kirschstein Designs Ltd</a>. She has a cruising speed of 23 knots and a top speed of 25 knots, allowing for a range of 550 nautical miles.&nbsp;<a data-gid="gid://syiq/Yacht/400" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Breeze31.0m (101'8&quot;)KaiserWerft GmbH2005">Sea Breeze</a> accommodates up to eight guests across two twin guest cabins, a VIP cabin, and an owner’s suite, and there is room for a crew of four across two additional twin crew cabins.At the time of <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">sale</a>, <a data-gid="gid://syiq/Yacht/400" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Breeze31.0m (101'8&quot;)KaiserWerft GmbH2005">Sea Breeze</a> was listed at an asking price of $1,600,000 and she spent 635 days on the market prior to her sale.<img src="/uploads/store/photo/40728/image/large-132ab9eb8b88a97e0419a345abac8e6c.JPG" data-gid="gid://syiq/Photo/40728">Market statistics courtesy of&nbsp;<a href="https://www.superyachttimes.com/market-intelligence">SuperYacht Times iQ</a><ul><li>In 2018, German-built yachts sold at an average asking price of €28m equivalent to €28,866 per GT&nbsp;</li><li>During 2018, yachts built between 2003 and 2007 sold at an average asking price of €5,4m equivalent to €22,962 per GT</li><li>In 2018, yachts in the 29-33-metre range sold at an average asking price of €3,1m or €19.609 per GT </li></ul>Specific statistics courtesy of&nbsp;<a href="https://www.superyachttimes.com/market-intelligence" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times iQ</a><ul><li>Yachts built circa 2005 measuring around 31 metres sold at an average asking price of €2,9m or €19,060 per GT</li></ul>Comparable&nbsp;<a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">sales</a>&nbsp;courtesy of&nbsp;<a href="https://www.superyachttimes.com/market-intelligence" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times iQ</a>&nbsp;&nbsp;<ul><li><a data-gid="gid://syiq/Yacht/503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Negara31.5m (103'4&quot;)Overmarine Group SPA2004">Negara</a>, a 2004 31-metre <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> had a last asking price of €1,6m equivalent to €12.611 per GT</li><li><a data-gid="gid://syiq/Yacht/1210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hummingbird30.4m (99'9&quot;)Couach Yachts2007">Hummingbird</a>, a 2007 30-metre <a data-gid="gid://syiq/Company/599" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Couach Yachts (Company)">Couach</a> had a last asking price of €1,8m equivalent to €15,126 per GT</li><li><a data-gid="gid://syiq/Yacht/400" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Breeze31.0m (101'8&quot;)KaiserWerft GmbH2005">Sea Breeze</a> sold for €1,4m or €9,054 per GT</li></ul>

31m yacht Sea Breeze sold by Cambridge Group

The 31-metre motor yacht Sea Breeze by KaiserWerft has found a new owner.

31m motor yacht Sea Breeze sold

This month, SuperYacht Times is interviewing a range of industry leaders in the brokerage sector to find out their views on the 2018 superyacht market. Today we hear from Juan Andrade, who is a sales and charter broker at <a data-gid="gid://syiq/Company/2237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYachtsMonaco (Company)">SuperYachtsMonaco</a>. <a data-gid="gid://syiq/Company/2237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYachtsMonaco (Company)">SuperYachtsMonaco</a> had a positive 2018, including the sales of the 31.5-metre <a data-gid="gid://syiq/Yacht/503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Negara31.5m (103'4&quot;)Overmarine Group SPA2004">Negara&nbsp;</a>at the close of 2018, the 28.1-metre <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> motor yacht <a data-gid="gid://syiq/Yacht/6241" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heartbeat Of Life28.1m (92'2&quot;)Heesen Yachts1989">Heartbeat of Life</a>&nbsp;in May and the 28.5-metre <a data-gid="gid://syiq/Yacht/6292" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Papillon28.25m (92'8&quot;)Overmarine Group SPA2006">Papillon</a>&nbsp;in October.<img src="/uploads/store/photo/62535/image/large-91084bd492cf99c1ef306e18473270f5.jpg" data-gid="gid://syiq/Photo/62535"> In 2017, 284 30+ metre used yachts were sold. Similarly, in 2018, around 280 (to be confirmed) used yachts were sold. How does your sentiment of the market compare? Do you see that the market is stable or growing?Generally speaking, the markets for both second hand and new yachts have been growing steadily. The well-established shipyards have full order books and the leading shipyards are constantly coming up with new concepts. My feeling is that in 2017 we saw more activity in the 30 to 50-metre segment whilst in 2018 there was certainly more activity with very large yachts.&nbsp;Having said all of that, we remain cautious at <a data-gid="gid://syiq/Company/2237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYachtsMonaco (Company)">SuperYachtsMonaco</a> due to the fact that most economic indicators appear to point towards a significant correction in global financial markets. &nbsp;Our company is structured to capitalise on the opportunities which will present themselves when this happens whilst our less agile larger competitors could face serious challenges in coping with it as we saw in 2008. &nbsp;Regardless of climatic changes to come we remain positive because in every crisis there is a new opportunity!<img src="/uploads/store/photo/43524/image/large-fc5242947dae86cc749451e4c3ff2fe1.jpg" data-gid="gid://syiq/Photo/43524">Have you seen a shift in clients in the past year? For example, in nationality, age, gender or occupation - or any other observations you have noticed.I have noted the changing demographics in terms of the age of buyers. We are seeing increasing numbers of younger people buying yachts. I believe there is a new generation of buyers coming to the market and we will see more yachts sold to these new customers. In regard to nationality, of course, the US market has been very strong and continues to be so. &nbsp;We have also handled increasing activity in the German market. <img src="/uploads/store/photo/6347/image/large-4e95e544507135232d60d9e4f9e8d7a7.jpg" data-gid="gid://syiq/Photo/6347">What is your view on the pricing of yachts? Are there fewer reductions in price or are yachts sold closer to their asking prices?I believe that owners are more realistic and they would rather set a realistic asking price at the outset to achieve the sale of their yachts within a reasonable time frame. If the initial asking price is the correct, the price reduction strategy becomes better controlled and more logical with the expectation that the final selling price will actually be closest to that initial asking price. &nbsp;We always counsel our clients to adopt this approach and we are frustrated by other players in the market who advise very high asking prices as a way to secure central agency business.<img src="/uploads/store/photo/17516/image/large-f19ac03344f969d903dfbd112f78ecd9.jpg" data-gid="gid://syiq/Photo/17516">Do you see a particular market that is very popular right now? For example, yachts of a certain size, certain builder or age?The main trend for some time now has been towards the explorer yacht. &nbsp;We are seeing shipyards that have not traditionally been associated with explorer yachts, launching this type of vessel with the most obvious example being <a data-gid="gid://syiq/Yacht/6297" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sherpa73.6m (241'6&quot;)Feadship2018">Sherpa&nbsp;</a>from <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>. We also see a trend for shipyards that are not primarily yacht builders to sign contracts for new explorer type yachts. &nbsp;We see the emergence of a new class of yacht which is somewhere between the highest quality of yacht and cruise ships in terms of finish. Some clients reject the idea of paying “northern European superyacht prices” and so seek this more cost-effective alternative in which cruise ship construction techniques are employed and hulls not fared and finished to normal superyacht standard. <img src="/uploads/store/photo/53636/image/large-49be41c11c6a2a083f7bbaeafa16162d.jpg" data-gid="gid://syiq/Photo/53636">What are your expectations and predictions for the superyacht market in 2019? What are you looking forward to?I believe the market will show the same growth trend but will be relatively unstable owing to the global economic factors I mentioned previously. Our year has started strongly and there seems to be plenty of optimism currently. It would seem that the season has started early this year and we are all quite busy already so, without a doubt, I think 2019 is going to be an interesting year!&nbsp; About SuperYacht Times&nbsp;SuperYacht Times is the only website with an overview of all <a href="https://www.superyachttimes.com/yachts/for-sale">yachts for sale</a>. Currently, we have more than 1,600 yachts over 24-metres listed on our website.In addition, our market intelligence system <a href="https://www.superyachttimes.com/market-intelligence">SuperYacht Times iQ</a> gives full details of each yacht, including historical pricing information, days on the market, past sales, refit information, ownership and much more.

Yacht Sales Market Review with SuperYachtsMonaco

SuperYachtsMonaco Sales and Charter Broker Juan Andrade reveals his insights on the 2018 superyacht market. Find out more on SYT. 

Market Watch: Juan Andrade from SuperYachtsMonaco

Camper &amp; Nicholsons International have listed three new superyachts for sale; the Pershing 115 Mistral 55, Perla Nero by Cyrus Yachts and the Mangusta 105 Sport Negara. Mistral 55 <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/137469/image/large-8e8c32f6d75fd9742d75864a68e23c94.jpg" data-gid="gid://syiq/Photo/137081">Jean Marie Recamier has listed the Pershing 115 Gas Turbine <a href="#managed-by-application" data-legacy="true" data-gid="gid://syiq/Yacht/997">Mistral 55</a> for sale with an asking price of € 7,950,000. Thanks to twin MTU engines and one TF 50 Gas Turbine, <a href="#managed-by-application" data-legacy="true" data-gid="gid://syiq/Yacht/997">Mistral 55</a> has an impressive top speed in the region of 50 knots. Built in 2005, <a href="#managed-by-application" data-legacy="true" data-gid="gid://syiq/Yacht/997">Mistral 55</a> accommodates 8 guests in 1 Master, 1 Double and 2 twin cabins. Jean Marie Recamier +33 492 912 912 <a href="mailto:jmr@can.cnyachts.com?subject=M/Y%20Mistral%2055%20on%20SuperYachtTimes.com">jmr@can.cnyachts.com</a> Perla Nero <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/137470/image/large-e44e98879e17a5bc9d2c4848ef8b477a.jpg" data-gid="gid://syiq/Photo/137470">The 33.20 metre superyacht Perla Nero was built by Cyrus Yachts in 2007 to a design of the Dutch design studio René van der Velden Yacht Design and naval architecture by Van Oossanen &amp; Associates. The semi-displacement motor yacht accommodates 10 guests in 5 cabins. Perla Nero is available to purchase through Rytis Babraviucius, and has an asking price of €4,900,000. Rytis Babraviucius +377 97 97 7700 <a href="mailto:rb@mon.cnyachts.com?subject=M/Y%20Perla%20Nero%20on%20SuperYachtTimes.com">rb@mon.cnyachts.com</a> Negara <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/137471/image/large-277e9c6b031d7fe64bb2479cd95c85e6.jpg" data-gid="gid://syiq/Photo/137471">Rytis Babraviucius has also listed the Mangusta 105 Sport superyacht <a href="#managed-by-application" data-legacy="true" data-gid="gid://syiq/Yacht/736">Negara</a>. The 31.40 metre superyacht was built by the Overmarine shipyard in 2004. <a href="#managed-by-application" data-legacy="true" data-gid="gid://syiq/Yacht/736">Negara</a> sleeps six guests in three spacious cabins and she can reach a top speed of 31 knots. Superyacht <a href="#managed-by-application" data-legacy="true" data-gid="gid://syiq/Yacht/736">Negara</a> has an asking price of € 4,200,000. Camper &amp; Nicholsons International Rytis Babraviucius +377 97 97 7700 <a href="mailto:rb@mon.cnyachts.com?subject=M/Y%20Negara%20on%20SuperYachtTimes.com">rb@mon.cnyachts.com</a> <a target="_blank" href="http://www.camperandnicholsons.com">www.camperandnicholsons.com</a> By Merijn de Waard