Boat International – June 2017

2009 2010 2011 2012 2013 2014 2015 2016

Sailing yachts over 24m sold and delivered 2009 – 2016

THE GIANT - Sailing Yacht A

Designed by Philippe Starck and recently

delivered by Nobiskrug, Sailing Yacht A

will be the largest superyacht delivered in

2017 and the largest yacht with sails in the

world, with a length of 142.81m.

THE BEAUTY - Black Pearl

Built by Oceanco, with a design team

composed of Dykstra Naval Architects,

Nuvolari Lenard, Ken Freivokh and her

owner, this 106m DynaRig project is a

concentration of technology reminiscent of

another iconic yacht, Maltese Falcon.

THE BEAST – Ngoni

Built by Royal Huisman, Ngoni is one of

the last projects from the late Ed Dubois.

She is modern and designed for high

performance thanks to her sculpted 58m

aluminium hull, her 71m carbon Rondal

mast and her lifting keel.

Three famous sailing yachts being delivered in 2017

Iconic sailing superyacht: Maltese Falcon, Perini Navi, 2006, LOA 88m

Present: the global sailing superyacht fleet

Future: sailing superyachts under construction

Number of yachts

1,939 61,542 31.74 142.81

Total LOA (m) Average LOA (m) Largest yacht (m)

85 3,301 38.84 141

Number of projects Total LOA (m) Average LOA (m) Largest yacht (m)

Sailing

Yacht A

Dream

Symphony

1850 - 2016

33

Number of brokerage sales

33 25 39 19 32 45 32 39

Total asking prices for brokerage sales (€)

271,475,400 136,601,900 214,087,000 99,818,200 151,822,000 343,148,000150,192,800290,369,180

Average LOA for brokerage sales (m)

34.55 34.28

32.82 33.47

34.62

35.89

33.09

34.55

Number of deliveries

50 40 33 37 28 25 22

22

Total LOA for deliveries (m)

1,753 1,518 1,251 1,263 1,004 (^858794788) aa
Average LOA for deliveries (m)
b
35.06 37.95 37.91 34.14 35.86 34.32 36.09
35.82
2017 - 2020
The yacht’s radical
unstayed masts made of
“weapons grade” carbon
fibre and her FalconRig
were hailed as a triumph of
design and engineering
The Doyle sails are stored
on individual in-mast
mandrels and set and
furled using a complex
system of electric motors
within the masts and
on the yards
The huge 2,415m^2
sail area can be
spread over
15 sails, reducing
loading – and there
is a total of 25 sails,
giving her 10 spare
Infographics – Valerio Pellegrini
Steady as she goes
Deliveries of new sailing yachts may be down but the market
is holding thanks partly to regattas and the thrill of competition
Research – Raphael Montigneaux
T
here’s no shortage of doom and gloom
around the superyacht sailing market
at the moment, but as the figures to the
right demonstrate, demand on the brokerage
side is holding. The number of deliveries is
clearly down, but measuring 2009 – a bumper
year propelled by pre-GFC confidence –
against today is not necessarily a fair
comparison. This year, in fact, will see 24
sailing superyachts delivered, the first increase
in a number of years.
David Tydeman, CEO of Oyster Yachts, says
the decline in orders can partly be explained by
the deals being offered on the brokerage
market. “Above 24 metres, owners have been
accepting large discounts selling one-off
custom yachts three to five years old at 30 to
40 per cent off the new build price and five
to 10 years old at 50 to 60 per cent off,” he says.
“Not only does this represent opportunity to
buy well, it also makes depreciation a more
significant barrier to placing a new order.”
Another barrier to growth is the
dependence on repeat clients for the major
sailing yards and a lack of newcomers. “Sixty
per cent of the yachts we’ve ever sold over 24
metres have traded up from Oysters below 20
metres. The market for sailing yachts has
always had lower numbers of clients than
people think,” says Tydeman. “And sailing has
always required more knowledge and more
understanding than large motor yachts.”
The Oyster CEO says events like regattas
are key to luring new owners into sailing, even
if they already own a motor yacht. “The Loro
Piana events and St Barths Bucket have been
good in bringing new people to events, but
then they want to do it faster or better and
move to a proper raceboat. You need to have a
differentiator – a reason to accept the real total
cost. That reason now seems to be ‘for regattas
I want to win’.”
The recent surge in interest in huge sailing
projects is anticipated to help bring further
attention to the market – two 100m-plus giants
will be delivered this year. Across the rest of
the market, there are currently 85 sailing
superyachts in build, 23 of which are on hold.
http://www.boatinternational.com | June 2017
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