2011 November

News Archive

146m fast ferry Capricorn to be converted into a luxury superyacht

November 01, 2011

Written by Chelsea Smith

The 146m motor yacht Capricorn which has been operating as a fast ferry is to be converted into a superyacht. The Capricorn yacht was built in 1999 by Fincantieri and will be rebuilt as a 152m superyacht. The fast ferry Capricorn is able to reach 40 knots thanks to four diesel engines and two gas... ... read full story

Waiting for China to wake: A perspective on China’s yachting industry

November 01, 2011

Written by Chelsea Smith

A recent estimate notes China is home to 970,000 millionaires, 40,000 ten-millionaires and 1,400 billionaires. Affluence is an economy driver and the Chinese are on a spending spree. With a population of 1.3 billion people, it’s no wonder the world is beating a path to the Chinese mainland. In the words of Napoleon: “when China... ... read full story

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