Boat International US Edition — January 2018

JANUARY 2018 WWW.BOATINTERNATIONAL.COM

SPEC VS SOLD PROJECTS

Thenumberofyachtsunderconstruction

in2018,bysoldprojectsversusthosebeing

builtonspec



categories seem to be suffering:
open and sailing. The decline in
open yachts could be explained by
adesireforlowerfuelconsumption.
For sailing yachts, the market is
evolving.Mostclientsarerepeat
customers, with newcomers hard
tofind.Therehavebeenaround50
salesayearoverthepastfewyears,
counting both the brokerage and
new build markets, but sailing
brokerageisgrowingeveryyear
(from32in2015,to38in2016and
42 in 2017), while new build declines.
Motor yachts, however, show a
clearincreaseinconstruction.The
number of expedition yacht
projects also continues to grow –
andrecentnewordersseemto
confirm that the trend will continue.

Brokerage market
The brokerage market looks likely to
postarecordnumberofsalesin



PROJECTS BY VOLUME

Thegrosstonnageofallprojectsunderconstruction

TOPBUILDERNATIONSBYVOLUME

2018 GOB COUNTRY TOTAL GROSS AVERAGE GROSS NUMBER OF TOTAL

RANK TONNAGE TONNAGE PROJECTS LENGTH (FT)

1 Italy 130,313 371 353 42,461

2 Germany 101,590 6,773 15 4,898

3 The Netherlands 75,239 1,158 65 13,038

4 Turkey 51,576 688 75 11,791

5 Norway 29,500 7,375 4 1,532

2017.Thebarwassetin2014,which

wasthebestyearsincetheglobal

financial crisis, with a total of 412

sales. Between January and

October2017340saleswere

recorded, and the total should

exceed 400 by the time this issue

goes on sale. Of the superyachts

sold this year on the second hand

market, 47 per cent went to

Americans, showing that the US is

currently the most important

GLOBAL ORDER BOOK 2018