Casabella Yacht News & Events

Netherlands

Rotterdam Boat Show 2023 will feature the most prestigious yachts, suppliers and tenders from shipyards all over the world. The Marina de Rotterdamsche Admiraliteit, located in the bustling centre of Rotterdam, will be transformed into a chic exhibition location exhibiting various elements of luxury watersports and boating.

Rotterdam Boat Show 

Infinity yacht cruising through Rotterdam

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Italy

In April, Marina Genova will host the third edition of Sea You - Yacht Sales and Charter Days 2023. The event is dedicated to the exhibition and discussion of yachts both available for charter and for sale, and provides an opportunity for brokers, yacht owners, captains, and potential new clients to meet.

Sea You - Marina Genova 2023

Marina Genova - Sea You 2022

Sea You - Yacht Sales & Charter Days

France

Les Voiles de St Barth Richard Mille 2023 is a sailing regatta spanning five days, with participants competing in diverse challenging coastal courses. The event provides more than just racing, offering contestants and guests the opportunity to attend evening concerts and beach parties, and explore St Barth’s fine dining scene, great shopping culture and marvellous beaches.

Day two of Les Voiles de St Barth Richard Mille 2022

 Les Voiles de St Barth Richard Mille logo

Les Voiles de St Barth Richard Mille - 2023

Bella Mente yacht at  Les Voiles de St Barth Richard Mille logo

Spain

Held in Marina Port Vell Barcelona, the MYBA Charter Show 2023 celebrates yachting, bringing together the world’s leading luxury charter professionals to assess some of the finest yachts available for charter. The event focuses on charter and will be filled with enlightening seminars and endless networking possibilities.

MYBA charter show 2019

MYBA Charter Show logo

MYBA Charter Show - 2023

The Palma International Boat Show 2023 opens the Mediterranean nautical season from Palma’s Moll Vell, in the centre of the island’s capital. The show will feature some of the finest superyachts on the international brokerage and charter market.

Palma Superyacht Village

Palma International Boat Show Logo

Palma International Boat Show

Singapore

ONE˚15 Marina

Singapore Yachting Festival

ONE°15 Marina Sentosa Cove

Greece

The Mediterranean Yacht Show 2023 is a targeted trade show for yachting professionals, and will be returning in April as one of the largest shows in the world exhibiting professional crewed yachts from this part of the world.

Mediterranean Yacht Show 2022 

Mediterranean Yacht Show

Turkey

The TYBA Charter Show 2023 returns in May, hosted by the renowned D-Marin in Turkey. The event will be located in Gocek, a beautiful town emerging as a new hot-spot for Turkish yachting. The TYBA Charter Show offers attendees the opportunity to view some of the greatest yachts in the region and network with fellow yachting industry professionals.

TYBA Yacht Charter Show 2019

TYBA Yacht Charter Show

TYBA Yacht Charter Show 20222 at D Marin Gozek 

Australia

The Sanctuary Cove International Boat Show 2023 is one of Australia’s most popular boating events. With over 45,000 visitors in attendance, there is plenty to do, with the show featuring luxurious superyachts, the latest-and-greatest boating tech and equipment, and endless activities allowing for ample family-fun.

Sanctuary Cove International Boat Show

Sanctuary Cove International Boat Show logo

The Venice Boat Show 2023, held in the historic Arsenale of Venice, is one of the main international boating events. In addition to showcasing numerous yachts and superyachts, the show will also provide themed conferences, exhibitions, art installations, regattas, and has a family-friendly approach, with educational activities for children.

Venice Boat Show

Venice Boat Show logo

Venice Boat Show - 2021

The Giorgio Armani Superyacht Regatta 2023 will be returning in June for its 16th edition, held in the glorious waters surrounding Sardinia. Organised by the YCCS, with the support of title sponsor Giorgio Armani, the regatta is open to sailing yachts of over 27 metres and multihulls of over 15 metres, and is a week filled with superb competitive racing.

Giorgio Armani Superyacht Regatta 2022 Day 4

Giorgio Armani Superyacht Regatta

Magic Carpet Cubed yacht at the Giorgio Armani Superyacht Regatta 2022 Day 4

Portofino Regate di Primavera 2023 is an invitation-only sailing event filled with some of the best-known Italian boat manufacturers. The regatta returns in June, and will include all of the traditional events, as well as a few new ones. The season’s most important event, the Rolex Giraglia, comprises three days of inshore racing from Sanremo/Saint-Tropez to Genoa.

Portofino Regate di Primavera 

Portofino Regate di Primavera - 2023

Twin Soul B yacht sailing in the Portofino Regate di Primavera 

The Superyacht Cup Palma 2022 - Day 1 

The Superyacht Cup Palma 

Malta

The Malta Maritime Law Association, together with the Malta Chamber, will be hosting the second edition of the Malta Superyacht Symposium 2023 in July. The event aims to showcase and analyse Malta’s superyacht industry, looking at its achievements over the years. Last year’s event was a huge success, with over 170 delegates from an array of industry sectors offering insight on various topics.

Malta Superyacht Symposium 2022

Malta Superyacht Symposium

Maxi Yacht Rolex Club is an iconic sailing regatta which dates back to 1980, its partnership with title sponsor Rolex commencing in 1984. Every year, the regatta offers an insight into the quality of boats and sailors in attendance, packed with highly demanding courses.

29th edition Maxi Yacht Rolex Cup

Maxi Yacht Rolex Cup

Maxi Yacht Rolex Cup and Rolex Maxi 72 World Championship

Hosted in the heart of the French Riviera, the Cannes Yachting Festival 2023 welcomes boating enthusiasts to join the meeting point of some of the most beautiful yachts and sailboats in the global fleet. Representatives from renowned shipyards, yachting media, leading brokerage houses and the wider industry will be in attendance, providing information and networking opportunities.

Cannes Yachting Festival 2022

Cannes Yachting Festival - 2023

Cannes Yachting Festival

Casabella yacht anchored

Casabella yacht saloon 

Casabella yacht dining room 

Casabella

The Italian yacht builder <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> has a lengthy history, tracing its roots all the way back to 1825, when it was founded in Viareggio by Giovanni Battista Codecasa. In the beginning, the yard built sailing boats, while it later moved into the construction of workboats. In the early 1970s, the yard started building yachts. As of today, the yard is still owned and managed by the Codecasa family. The company has several production locations in Viareggio, in addition to a hull construction facility near Pisa airport.Today, <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> specialises in the construction of large steel-hulled motor yachts over 40 metres length up to about 65 metres, although the yard has the capability to build larger yachts than that. In the past, the company has also built a number of aluminium-hulled motor yachts, including the fast “S” models, six of which were built between 2004 and 2013. To date, <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> has delivered 55 motor yachts and one motor sailer over 30 metres. These yachts have a combined total length of 2,496 metres, an average length of 44.6 metres and an average volume of 491 gross tonnes (GT). <img src="/uploads/store/photo/89459/image/large-844577aba0a635edf4aa121b2e63d09f.jpg" data-gid="gid://syiq/Photo/89459"> Used MarketOf the 55 30-metre plus <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa&nbsp;</a>yachts in operation, 14 of them are currently <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a>, which represents 25.5% of the <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> fleet in operation. These <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a> have lengths between 32.3 metres and 65 metres. Looking at the entire fleet of operating motor yachts built in steel or aluminium between 30 and 65 metres, we find that 23.9% of them are listed as yachts for sale, which is a slightly lower share than we see for <a href="http://superyachttimes.com/yachts/Codecasa/for-sale/" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a> in this range. The total length of <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a> is 647 metres with an average length of 46.2 metres and an average volume of 545 GT. The average price of a used <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yacht for sale</a> right now is €13.5 million or €25,000 per GT.&nbsp;On average, <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a> have been on the market for 705 days. The most recent <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yacht for sale</a> is <a data-gid="gid://syiq/Yacht/4793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gazzella II49.9m (163'9&quot;)Codecasa S.p.A.2015">Gazzella II</a> delivered in 2015, while the oldest one is <a data-gid="gid://syiq/Yacht/2856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Casabella32.31m (106'0&quot;)Codecasa S.p.A.1979">Casabella</a> from 1979. The average age of the <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a> over 30 metres is 18 years.<img src="/uploads/store/photo/23379/image/large-17133f8e4e9fb788d4a55b40d177ccbd.jpg" data-gid="gid://syiq/Photo/23379">How do the numbers for these <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> compare to similar <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> built by other yards? <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a> are larger on average compared to the market for similar steel or aluminium-hulled <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yachts for sale</a> in the 30-to-65-metre size range. The average length of the fleet in this size range is 42.8 metres per unit for an average volume of 417 GT, against 47.1 metres and 572 GT on average for the used <a href="https://www.superyachttimes.com/yachts/codecas/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a>. The average asking price for used <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a> is also higher than the average in the 30-to-65 metre size range. The average used <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yacht for sale</a> is listed for €14.3 million or €25,000 per GT against €9.9 million per yacht or €24,000 per GT for the market of similar sized yachts. In terms of average days on market, used <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a> have been listed for a shorter time than the average similar-sized <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a>, at 684 days for <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a> versus 827 days on the market for the size range as a whole. Comparison with other yacht buildersHow do used <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a> compare with similar used <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> from a selection of other well-known yards also building Steel or Aluminium-hulled motor yachts with a length of between 30 and 65 metres built from 2000 onwards?Dutch yard Heesen is currently represented on the used yacht market in this size range by 17 <a href="https://www.superyachttimes.com/yachts/heesen/for-sale" rel="noopener noreferrer" target="_blank" title="">Heesen yachts for sale</a>. They have an average asking price of €16.5 million per yacht or €38,000 per GT and an average volume of 440 GT. These <a href="https://www.superyachttimes.com/yachts/heesen/for-sale" rel="noopener noreferrer" target="_blank" title="">Heesen yachts for sale</a> have been on the market for an average of 837 days. On average, these <a href="https://www.superyachttimes.com/yachts/heesen/for-sale" rel="noopener noreferrer" target="_blank" title="">Heesen yachts for sale</a> are ten years old.One of Codecasa’s Italian competitors is the Baglietto yard. There are 12 used <a href="https://www.superyachttimes.com/yachts/baglietto/for-sale" rel="noopener noreferrer" target="_blank" title="">Baglietto yachts for sale</a> within the size range we determined. Their average asking price €9.8 million per yacht or €25,000 per GT, at an average volume of 397GT. On average, these <a href="https://www.superyachttimes.com/yachts/baglietto/for-sale" rel="noopener noreferrer" target="_blank" title="">Baglietto yachts for sale</a> have been on the market for 817 days. Their average age is 13 years.The American yard Trinity Yachts was also active in this segment, making its last delivery in 2016. There are currently 11 <a href="https://www.superyachttimes.com/yachts/trinity/for-sale" rel="noopener noreferrer" target="_blank" title="">Trinity yachts for sale</a>. Their average asking price per yacht is €15.7 million or €30,000 per GT with an average volume of 519 GT. These <a href="https://www.superyachttimes.com/yachts/trinity/for-sale" rel="noopener noreferrer" target="_blank" title="">Trinity yachts for sale</a> have been on the market for 464 days on average. Their average age is 12 years.Italian giant Benetti is also active in this market segment with 11 used yachts for sale. These 11 <a href="https://www.superyachttimes.com/yachts/benetti/for-sale" rel="noopener noreferrer" target="_blank" title="">used Benetti yachts for sale</a> built from 2000 onwards have an average asking price of €21.1 million with an average length of 54 metres and an average volume of 804 GT. Their average asking price per GT is €26,000 and they have been on the market for an average of 738 days. On average, these <a href="https://www.superyachttimes.com/yachts/benetti/for-sale" rel="noopener noreferrer" target="_blank" title="">Benetti yachts for sale</a> are 13 years old.We conclude our review of competing yards with a look at used <a href="https://www.superyachttimes.com/yachts/amels/for-sale" rel="noopener noreferrer" target="_blank" title="">Amels yachts for sale</a>. There are currently seven <a href="https://www.superyachttimes.com/yachts/amels/for-sale" rel="noopener noreferrer" target="_blank" title="">Amels yachts for sale&nbsp;</a>in this category, with an average asking price per yacht of €30.6 million or €40,000 per GT. The average volume of these <a href="https://www.superyachttimes.com/yachts/amels/for-sale" rel="noopener noreferrer" target="_blank" title="">Amels yachts for sale</a> is 759 GT and they have been on the market for an average of 349 days. Their average age is nine years.The average asking price per GT for steel or aluminium built <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yachts for sale</a> between 30 and 65 metres is €30,000 per GT. <img src="/uploads/store/photo/96948/image/large-af5d8519a04fe9dc579e04125561c6a4.jpg" data-gid="gid://syiq/Photo/96948"> New yachts for sale on the market per yearIn the last two and a half years, up to four used 30-metre-plus yachts built by <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> came on the market per quarter for a total of 13 yachts put on the market during that period of time. The second and third quarter of 2018 saw the highest number of used <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> yachts coming on the market with three and four units respectively.<img src="/uploads/store/photo/96897/image/large-6b72615f4f51c63c2fa9135ed19b285f.jpg" data-gid="gid://syiq/Photo/96897">The most recent <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> yacht to be listed was the 65-metre <a data-gid="gid://syiq/Yacht/2215" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Double Down65.0m (213'3&quot;)Codecasa S.p.A.2010">Double Down</a>, which came on the market in early June 2019.<img src="/uploads/store/photo/13997/image/large-69a02789d231d0b8a1d172e8df6f49ef.jpg" data-gid="gid://syiq/Photo/13997"> Yachts sold&nbsp;In the past 2.5 years, a total of nine used <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a> were sold. In 2017, four used <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> yachts were sold, while two were sold during 2018. The first two quarters of 2019 already saw the sales of three used <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> yachts. &nbsp;<img src="/uploads/store/photo/96898/image/large-75ffc0343ba26e4ada5c854c07810dc0.jpg" data-gid="gid://syiq/Photo/96898">If we look at the used <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> yachts sold in the last 2.5 years, they were on the market for an average of 650 days. For the total used motor yacht fleet with steel or aluminium hulls sold in this time period in the size range of 30-65 metres, this average stood at 764 days.The nine <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> yachts sold in the last 2.5 years represented a total value of €100 million in final asking prices. Their average last asking price was €11.1 million per yacht or €16,800 per GT. The latest <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> yacht to have been sold is the 36-metre <a data-gid="gid://syiq/Yacht/2864" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mesufish Patrol IV35.97m (118'0&quot;)Codecasa S.p.A.1988">Mesufish Patrol IV&nbsp;</a>in early June 2019, while <a data-gid="gid://syiq/Yacht/2215" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Double Down65.0m (213'3&quot;)Codecasa S.p.A.2010">Double Down</a> was the highest priced <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> yacht, sold in September 2018 asking $44.5 million.<img src="/uploads/store/photo/95009/image/large-81cf967cd8273f3dde8da46d6cb0b777.jpg" data-gid="gid://syiq/Photo/95009"> The top five&nbsp;<a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa used yachts for sale</a>&nbsp;right now are:&nbsp;<a data-gid="gid://syiq/Yacht/2215" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Double Down65.0m (213'3&quot;)Codecasa S.p.A.2010">Double Down</a>&nbsp; – 65.0m - 1,278 GT - 2010 - $38,000,000 ($30k per GT)<a data-gid="gid://syiq/Yacht/1622" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apogee62.0m (203'5&quot;)Codecasa S.p.A.2003">Apogee</a>&nbsp; – 62.0m - 1,126 GT - 2003 - $24,950,000 ($22k per GT)<a data-gid="gid://syiq/Yacht/2542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Regina d'Italia II51.0m (167'4&quot;)Codecasa S.p.A.2006">Regina d’ Italia II</a>&nbsp;– 51.0m - 640 GT - 2006 - €15,500,000 (€24k per GT)<a data-gid="gid://syiq/Yacht/587" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emelina51.0m (167'4&quot;)Codecasa S.p.A.2008">Emelina</a> – 51.0m - 630 GT - 2008 - $19,950,000 ($32k per GT)<a data-gid="gid://syiq/Yacht/4793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gazzella II49.9m (163'9&quot;)Codecasa S.p.A.2015">Gazzella II</a> – 49.9m - 849 GT - 2015 - €29,000,000 (€34k per GT)<a href="https://www.superyachttimes.com/market-intelligence" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times iQ</a> is our live market intelligence system and our subscribers have live access to all this data and intelligence, as well as much more insight. If you are interested in a demonstration, then please contact us. Besides the online intelligence system, the new market report The State of Yachting 2019 is <a href="http://shop.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">available for purchase</a>.

SYT iQ: Codecasa’s performance on the used yacht sales market

SYT takes a look at Codecasa's performance on the used yacht market.