Kalamoun Yacht News & Events

Abeking & Rasmussen yacht Kalamoun 

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Kalamoun

Established in 1907 by George Abeking and Henry Rasmussen, the Lemwerder-based shipyard <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> initially specialised in sailing yachts and minesweepers. The first motor yacht ever built by the German shipyard was the 36.5-metre <a data-gid="gid://syiq/Yacht/8838" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kalamoun36.52m (119'10&quot;)Abeking & Rasmussen1972">Kalamoun</a> delivered in 1972. At the time, Kalamoun was the fastest motor yacht in the world. In total, <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking and Rasmussen</a> have built 35 motor yachts over 30 metres. These yachts have a total length of 2,029 metres, an average length of 58 metres and an average volume of 1,190 gross tons (GT). In the past ten years, the shipyard has completed a total of 11 motor yachts.<img src="/uploads/store/photo/55188/image/large-60c2623bb50753210e6124dabd98a9f7.jpg" data-gid="gid://syiq/Photo/55188">Used MarketOf the 34 30-metre plus <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> motor yachts in operation, eight of them are currently listed as <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a>, which represents 23.5% of the <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> motor yacht fleet in operation over 30 metres. In comparison, the share of <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yachts for sale</a> in the global motor yacht fleet over 30 metres is 22.8%. The total combined length of the <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen motor yachts for sale</a> is 459 metres with an average length of 57.4 metres and an average volume of 1,066GT.The average price of a used <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen motor yacht for sale</a> on the market right now is €43.9 million. Their price per GT works out to €41,000 per GT. If we only look at the <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen motor yachts for sale</a> that have been built since 2010, which are a total of two units, the asking price per GT comes to an average of €50,000 per GT.On average, <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/motor/30.0m+/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen yachts for sale</a> have been on the market for 833 days. The average age of these current <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> is 18 years. The most recent Abeking &amp; Rasmussen yacht for sale is the 82-metre <a data-gid="gid://syiq/Yacht/3037" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Secret82.48m (270'7&quot;)Abeking & Rasmussen2013">Secret</a> delivered in 2013, while the oldest is 45-metre <a data-gid="gid://syiq/Yacht/1679" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kriss45.0m (147'8&quot;)Abeking & Rasmussen1974">Kriss</a> from 1974.How do these <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen yachts for sale</a> shape up compared to the reference group of steel-hulled <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yachts for sale</a> between 40 and 90 metres? <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen yachts for sale</a> are bigger than the market average which is 53.2 metres per unit with an average gross tonnage of 788GT. The average asking price of used <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen motor yachts for sale</a> is also much higher than the reference group's average of €22.7 million per yacht or €29,000 per GT. In terms of days on market, used <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen motor yachts for sale</a> have been on the market a little longer than the reference group, at 833 days versus 863 days.<img src="/uploads/store/photo/77533/image/large-5fc7383aa1209d94f74868b643418207.jpg" data-gid="gid://syiq/Photo/77533"> Comparison with other buildersHow do used <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/motor/30.0m+/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen yachts for sale</a><a href="https://www.superyachttimes.com/yachts/overmarine/motor/30.0m+/for-sale" rel="noopener noreferrer" target="_blank" title=""></a> compare with similar used <a href="https://www.superyachttimes.com/yachts/in-steel/motor/40.0m-90.0m/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> from a selection of other well-known yards also building steel-hulled motor yachts with a length of between 40 and 90 metres?- &nbsp; &nbsp; &nbsp; There are currently ten <a href="https://www.superyachttimes.com/yachts/amels/for-sale" rel="noopener noreferrer" target="_blank" title="">Amels yachts for sale</a> made by the Dutch yard. Their average asking price is €36 million with an average asking price of €37,000 per GT and an average of 371 days spent on the market so far.- &nbsp; &nbsp; &nbsp; Staying in the Netherlands with the superyacht builder Feadship, there are currently 23 used <a href="https://www.superyachttimes.com/yachts/feadship/for-sale" rel="noopener noreferrer" target="_blank" title="">Feadship yachts for sale</a> with an average asking price of €25.7 million which gives an average asking price of €36,000 per GT. On average, these yachts have spent 494 days on the market.- &nbsp; &nbsp; &nbsp; Having a look at German competitor Nobiskrug, there are only two <a href="https://www.superyachttimes.com/yachts/nobiskrug/for-sale" rel="noopener noreferrer" target="_blank" title="">Nobiskrug yachts for sale</a>. They have an average asking price of €48.8 million with an average asking price of €33,000 per GT. On average, they have been on the market for 2,104 days.- &nbsp; &nbsp; &nbsp; A good market overview would not be complete without including an Italian builder. Codecasa currently has six used <a href="https://www.superyachttimes.com/yachts/codecasa/for-sale" rel="noopener noreferrer" target="_blank" title="">Codecasa yachts for sale</a> in the reference category. They have an average asking price of €19 million per yacht or €23,000 per GT. On average, these yachts have spent 793 days on the market so far.- &nbsp; &nbsp; &nbsp; Finally, we look at Turkish builder, Turquoise Yachts, of which there are currently eight used steel-hulled motor yachts between 40 and 90 metres for sale. These <a href="https://www.superyachttimes.com/yachts/turquoise/for-sale" rel="noopener noreferrer" target="_blank" title="">Turquoise yachts for sale</a> have an average asking price of €17.5 million per yacht or €22,000 per GT. Their average of days spent on the market so far stands at 1,114.<img src="/uploads/store/photo/91999/image/large-36716e2c291ec4d0838ae85fe6903a3f.png" data-gid="gid://syiq/Photo/91999">New yachts coming on the market per yearIn the last two years and a half, between one and three used 30-meters plus yachts built by <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> came on the market per quarter. The third quarter of 2018 saw the highest number of used <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen yachts for sale</a> listed on the market with three units. For the two first quarters of 2019, only one yacht has been listed.<img src="/uploads/store/photo/91998/image/large-f13544201ab498b6ba56974284d187af.png" data-gid="gid://syiq/Photo/91998">The most recent <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> yacht to be listed was the 78.43-meters <a data-gid="gid://syiq/Yacht/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eminence78.43m (257'4&quot;)Abeking & Rasmussen2008">Eminence</a>, which came on the market at the end of March 2019.<img src="/uploads/store/photo/51169/image/large-153ff28176f1a2f8ee6b98ae888b8352.jpg" data-gid="gid://syiq/Photo/51169">Yachts sold&nbsp;In the past two years and a half, a total of three used 30-metre plus <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> yachts were sold. If we would also take into account July 2019, <a data-gid="gid://syiq/Yacht/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eminence78.43m (257'4&quot;)Abeking & Rasmussen2008">Eminence</a> is the most recent sale within the <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> used fleet.<img src="/uploads/store/photo/91997/image/large-4cbfc70eac645f685ef6250fe6a62b4c.png" data-gid="gid://syiq/Photo/91997">If we look at the used <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen yachts for sale</a> sold in the last two years and a half, then they were on the market for an average of 253 days. For the total used fleet sold in the last two years and a half, this average stood at 643 days.The three listed&nbsp;<a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen yachts for sale</a> sold in the last two years and a half represented a total value of €200 million in terms of final asking prices. Their average last asking price was €99.3 million per yacht or €49,260 per GT. The largest <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> yacht sold in this time period was the 81-metre Kibo, now known as <a data-gid="gid://syiq/Yacht/4094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grace81.0m (265'9&quot;)Abeking & Rasmussen2014">Grace</a>, sold in November 2018, which was also the highest valued <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> yacht to be sold, with a final asking price of €129,000,000.&nbsp;<img src="/uploads/store/photo/26828/image/large-506ff7896decf85733e7ae3ee0c9a0b6.JPG" data-gid="gid://syiq/Photo/26828"> Top 5&nbsp;<a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/motor/30.0m+/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen yachts for Sale</a>The five largest <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/motor/30.0m+/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking &amp; Rasmussen yachts for sale</a> right now are:<a data-gid="gid://syiq/Yacht/3037" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Secret82.48m (270'7&quot;)Abeking & Rasmussen2013">Secret</a> - 82.48m - 2240GT - 2013 - €119,000,000 (€53k per GT)&nbsp;<a data-gid="gid://syiq/Yacht/1764" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Elysian60.0m (196'10&quot;)Abeking & Rasmussen2009">Elysian</a> - 60m - 1090GT - 2009 - €42,500,000 (€38k per GT)<a data-gid="gid://syiq/Yacht/59" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Sheridan57.9m (189'12&quot;)Abeking & Rasmussen2007">Lady Sheridan</a> - 57.9m - 1099GT - 2007 - €35,282,000 (€32k per GT)<a data-gid="gid://syiq/Yacht/1027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amore Mio II52.0m (170'7&quot;)Abeking & Rasmussen1997">Amore Mio II</a> - 52m - 887GT - 1997 - €25,750,000 (€29k per GT)<a data-gid="gid://syiq/Yacht/2443" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amaryllis78.43m (257'4&quot;)Abeking &amp; Rasmussen2011"></a><a data-gid="gid://syiq/Yacht/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Cloud41.0m (134'6&quot;)Abeking & Rasmussen2008">Silver Cloud</a> - 41m - 498GT - 2008 - $19,975,000 ($40k 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 <a href="mailto:sales@superyachttimes.com" rel="noopener noreferrer" target="_blank" title="">contact us</a>. Besides the online intelligence system, the new market report The <a href="https://shop.superyachttimes.com/report/superyacht-times-the-state-of-yachting-2019" rel="noopener noreferrer" target="_blank" title="">State of Yachting 2019</a> is available for purchase.

Abeking & rasmussen’s performance on the used yacht sales market

In this series of articles the SuperYacht Times intelligence team analyse the used Abeking & Rasmussen yacht market and sales. 

SYT iQ: Abeking & Rasmussen’s performance on the used yacht sales market