Home comforts
mericansuperyachtyardsare
beingshieldedfromthestingof
EUleviesonUSimportsbya
buoyantmarketathome.
TheEUactedinJune 2018 inresponseto
US-enforcedtariffsonsteelandaluminium.
Thom Dammrich,presidentoftheUS
NationalMarineManufacturersAssociation,
warnsthattherearemoreissuesonthe
horizonregardingimportsintotheUS,and
thatthesecouldaffectshipyards.“Costsare
risingnotonlyforbasicinputslikesteeland
aluminiumbutformanyofthepartsthatare
importedfromChina,”hesays.“Therewill
soonbe 25 percenttariffsoneverything
comingintotheUSfromChina.”
Dammrichisalsoconcernedaboutthe
effectoftheEuropeanlevyonexports,
claimingitishavinga “devastatingeffect”on
yardsthatrelyonEUorders.
ButtwoUSsuperyachtyardssaytheyhave
beenlargelyunaffectedsincethelevycame
intoforce.Bothputthisdowntoahealthy
domesticbuyingmarket,whichhasgrownby
32.5percentinthelastthreeyears,when
combiningthenew-buildandbrokerage
markets.JimGilbert,salesandmarketing
consultantat ChristensenYachts, says
thattheyardhasbeenprotectedbyitslargely
UScustomerbase.“Themeasuresdon’t
haveanyimpactforanAmericanlargeyacht-
builder thatisbuildingforUS clients,
whichisprobablyabout 85 percentofthe
marketforus.”
Meanwhile,Westportmarketingdirector
RonNugentclaimsthebiggestconcernover
theUSmarketwasa“lackofinventory”.
Ashortageofquicklyavailablestock,hesays,
could“stall”theUSboatbuildingmarket,with
clientsreluctanttocommittolong-term
new-builds.“Itpopstheirbubblewhenthey’re
toldthey’llhavetowait 24 months,”Nugent
says.“Theywanttheboatsnow.”
FormoreanalysisoftheUSsuperyachtmarket,
turntopage 118
A
A buoyant domestic market
is helping US yards ride out
theworldwide trade wars,
saysMiranda Blazeby
Infographics Valerio Pellegrini Research Raphael Montigneaux
Access the world’s
best superyacht
intelligence:
boatint.com/
boat-pro
PRO
The 50 largestUS-builtyachts
60-70m
0
35
24
14
9 4
1
1
0
10
2
0
6
5
11
19
9
G
T
LOA
(m
)
50-60m
70-80m
80-90m
90-100m
100m+
<500
500-1000
1000-2000
2000-3000
>3000
1910-1949
1950-1989
1990-1999
2010-20192000-2009
The longest superyacht built in
the US is 91.4m Voyager, built by
Swiftships in 1997 and converted
into a yacht in 2019
The biggest yacht
by gross tonnage
ever built in the US
is 85.6m Aquila,
built by Derecktor
in 2010. She has a
gross tonnage of
2,998.
The oldest yacht ever built
in the US is 78.55m SS
Delphine, which was built by
Great Lakes EW in 1921
34
08 2019