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Marine industry to see modest growth in 2011, GE Capital Survey reveals

February 27, 2011

After navigating through rough waters for several years, the marine industry is beginning to push forward on the throttle, according to survey results released today by GE Capital, Commercial Distribution Finance (CDF) from the Miami International Boat Show. More than one-third of respondents (38%) expect sales to increase up to five percent in 2011, and 54% said that the best time for dealers to increase inventory levels is now.

“The marine industry is starting to see signs of recovery as we move past the recession,” said Jeff Malehorn, president and CEO of CDF. “Through our 40 years in the marine industry, we’ve seen many cycles and we’re optimistic about the years ahead.”

Not surprisingly, sales of lower-ticket items are rebounding faster than those of bigger-ticket items. Forty percent of survey respondents expect growth to be led by sales of aluminum boats, followed by recreation boats (17%). In contrast, boats of 30’ or more were the strongest-selling segment during the market’s peak in 2007.

“Dealers are beginning to order new inventory, but they continue to be cautious,” noted Bruce Van Wagoner, president of the CDF Marine Group. “At the same time, manufacturers want to be sure their dealers have the right product mix so everyone is focused on smart growth. They’re all paying close attention to remaining aged product, dealer credit availability and inventory turns, among other metrics.”

Nearly 70% of the responding marine dealers and manufacturers believe that the biggest hurdle facing the boating industry this year is consumer demand, and 40% said a reduced level of showroom and field inventory is the trend that will have the largest impact on the industry this year.

The Marine Industry Survey of 53 marine dealers and manufacturers was conducted on Feb. 16, 2011, at the Access GE Industry Roundtable event at the Miami International Boat Show. Respondents included marine dealers and manufacturers.

Success at Miami Boat Show for Viking Yachts

February 23, 2011

The Miami Yacht and Brokerage Show, which ended yesterday is officially history and what a show it was! The Viking display, which featured 14 motor yacht models from 42 to 82 feet was one of the most visited exhibits on Collins Avenue with 4,800 registered guests during the five day affair, a 50 percent increase over last year’s totals.

Six Viking yachts including two Viking 76 Convertible motor yachts were sold at the Miami Boat Show

Six Viking yachts including two Viking 76 Convertible motor yachts were sold at the Miami Boat Show

At the 70th Annual Miami Boat Show 2001, Six Viking yachts were sold, including two 76 Convertible motor yachts, a 70 Convertible, two 60 Convertibles, and a 66 Convertible, a brand new model announced at the show.  Riding the wave, Viking expect to see additional confirmations over the next several weeks based on our post-show sea trial appointments.

Sanlorenzo sells four yachts at the first two 2011 Boat Shows

February 23, 2011

Sanlorenzo, the prestigious Italian Shipyard focused on the production of motor yachts exclusively tailor‐made according to the requirements and style of every single owner, attended the Duesseldorf Boot 2011 and, confirming the better economic situation of the German Republic, sold two yachts, a SL62 and a SL82, fiberglass planning motor yachts produced in the Ameglia Division.

San Lorenzo sells a SL62 and a SL82 Motor Yachts at the Duesseldorf Boat Show

San Lorenzo sells a SL62 and a SL82 Motor Yachts at the Duesseldorf Boat Show

On the other side of the Altlantic during the first United States Boat Show that took place on February in Miami, Sanlorenzo of the Americas, the Brand Representative responsible for the sale of Sanlorenzo yachts in the continent, sold a SL72 and a SL88 Ameglia planning fleet’s yachts; in particular the SL88 has been built in a specific American version.

San Lorenzo sells a SL72 and a SL88 Ameglia planning yacht at the Miami Boat Show picture

San Lorenzo sells a SL72 and a SL88 Ameglia planning yacht at the Miami Boat Show picture

It is important to notice that, beside the annual world builders super yacht classification (yachts over 80 feet, 24 meters), called Global Order Book in which Sanlorenzo is third, Sanlorenzo listed in 2010 classification 38 hulls for a total length of 4.085 feet, while in 2011 maintain the same level of orders with 37 units and a total length of 3.898 feet. Sanlorenzo keeps maintaining the same level of orders for all its fleet.

Sanlorenzo proves itself as one of the most stable and strengthened operator in the super yacht field and can praise and extraordinary performance for the 2011 too.

SANLORENZO Spa

San Lorenzo shipyards were established in Viareggio, Italy in 1958 and up to 1985 the production consisted of semi‐custom boats totally wooden‐made. In 1985, the first Sanlorenzo fibreglass flying bridge was born, the SL57. In 1999 the company moved to Ameglia into a natural park area (Sanlorenzo is certified “UNI EN ISO 14001” which guarantees the utmost respect for the environment). The lines of the Sanlorenzo fleet have always been extremely classic, never‐aging.

In April 2005, Massimo Perotti took over from Giovanni Jannetti the shipyards that become Sanlorenzo Spa.

Massimo Perotti, after bringing to completion many of the most original and successful products of the sector, decides to leave the industry figures where he had built his background to join a tradition of absolute perfection and small production numbers. The Sanlorenzo philosophy remains focused on “customization and total dedication to the customer, top notch quality and personal relationships”. Today Sanlorenzo is based on two divisions: the Ameglia Division, for the production of fibreglass motor yachts ranging between 62 and 108 ft., and the Viareggio Division, for the production of navettas in composite material with semi‐displacement hull from 92 to 122 ft. and super yachts in metal (aluminium and steel), from 40 to 50 metres over.

Allied Marine Expands to Newport

January 25, 2011

As the primary distributor for the Ferretti Group brands in North America, Allied Marine has recently expanded its operations in the North East with the opening of a new office in Newport, Rhode Island. Newport is a well established hub for the yachting community on the East Coast and the Allied Marine Office in Newport will actively represent a selection of the groups most exclusive brands including Ferretti Yachts, Pershing, Riva, Mochi Craft and CRN throughout Rhode Island, Massachusetts and Connecticut in addition to offering brokerage vessels. The Newport Office will operate in concert with the Allied Marine Office in Sag Harbor that primarily supports New York and Long Island.

Allied Marine Expands to the Newport

Allied Marine Expands to the Newport

Established in 1945, Allied Marine is one of the oldest and most established yacht dealers and brokerage houses in North America and offers some of the largest inventory and listings of new and brokerage yachts over 50 feet throughout the country. The Newport office was recently established in the heart of Newport’s downtown quarter. This new location will operate year round, while the Sag Harbor office will be open seasonally from May through September. “The Newport location was a strong strategic choice for us as we have a significant number of clients with homes in both the North East and Florida. We see tremendous opportunities for the Ferretti, Riva, Mochi Craft and Pershing products, particularly in the North East. We are now poised to better serve our clients needs while offering an extensive product portfolio to the area.  states Robert McDougal, President of Allied Marine.

Allied Marines 65 years of marine heritage compiled with the largest brokerage listing services in the country makes Newport, Rhode Island the perfect fit. Noted for its harbor front homes and classic New England architecture, the Brown & Howard Marina provides the perfect backdrop for Allied Marines store location and impressive yacht line-up. This will be the company’s sixth location established in the U.S. Allied Marine has offices, which currently span Florida from Miami to Stuart and extend to Sag Harbor in addition to its newest Newport location.

The Ferretti Group is the leading luxury yacht manufacturer, which produces models currently ranging from 33 ft to 278 ft, each of which is a leader in its market segment. Ranking first in the Showboats International Global Order Book 2011, the Ferretti Group was rated as the top producer of luxury maxi-yachts worldwide. With such a strong foundation, Allied Marine customers benefit from Ferretti Groups worldwide customer service and are offered 24-hour mobile assistance upon request. Allied’s seasoned sales representatives have direct access to the Ferretti Groups factory representatives and can easily process any of their clients yachting needs, while gaining entry to a wealth of information, services and benefits for its valued customers from the moment of their first purchase.

Jim Mattingly has been appointed as Sales Manager to spearhead Allied Marines Newport location. With evidence of nearly 40 years in the industry, he brings a spectrum of expertise to the Allied organization. He served as Marketing & Sales Director for Palmer Johnson, Inc. and went on to found Nautor’s Swan sailboat company, one of the most successful manufacturers of sailing boats worldwide. Furthermore, he spent years managing the new construction, service and brokerage offices for Robert E. Derecktor & Co. in New York, Florida and Rhode Island, where he was the Vice President for Marketing & Sales. Jim is a trusted source within the marine industry through his involvement in various sailing regattas, maritime associations and respective organizations. Jim is a recognized Newport waterfront icon, having been involved in three Americas Cup races as well as Ted Turners crew boss and watch captain. “When Jim Mattingly says a boat’s impressive, you might want to listen.” quoted, Power & Motoryachts Editor in Chief, Richard Thiel. His experience provides him with a unique perspective in the buying and selling process of boats. Jim will be very active as Allied Marines key representative in the Newport location further educating the area about Ferretti Groups products and working towards enhancing Allied Marines presence in the area. With Jims management and the Newport office fully up and running, Allied Marine and the Ferretti Group will become increasingly involved in an array of activities at the height of this coming spring/summer 2011 season.

3rd “La Belle Classe Superyachts” Symposium Monaco 2011

January 24, 2011

International yachting professionals gathered at the Yacht Club de Monaco for the 3rd “La Belle Classe Superyachts” Symposium. They discussed various issues in the superyacht industry and reflected on the market of 2010, as well as looked forward to likely future developments in the superyacht industry.

Monaco Harbour

Rationalisation beckons in 2011

Yacht Club de Monaco logo

Monaco, 20 January 2011: under the aegis of “La Belle Classe Superyachts”, a label initiated by the Yacht Club de Monaco to unite all those involved in the yachting industry and support club members in this sector, 45 delegates attended a dinner-debate at the YCM. Participants represented the complete luxury yachting chain (shipyards, brokers, designers, captains and specialists in yacht finance, insurance, surveys and law) and they came to take stock of the current economic situation in their industry.

Hosted by Bernard d’Alessandri, YCM Secretary General, and organised with the support of Only Yachts, this third symposium was also of great interest to the Monegasque authorities. Among those attending were HE Marco Piccinini, Adviser to the Government on Finance and the Economy, Paul Masseron, Advisor to the Government for the Interior, Jean-François Robillon, President of the Conseil National (Monaco’s parliament), Jean-Louis Bissuel, Director Maritime Affairs, Jean-François Tourret, Manager of Saint-Tropez Port, as well as Gian Battista Borea d’Olmo and Daniel Realini, respectively Managing Director and Operations Director for the SEPM (Société d’Exploitation des Ports de Monaco) which manages the two ports in Monaco.

After an introductory speech by David Legrand of Fraser Yachts, in which he described the current situation and gave his macro-economic vision of the yachting sector, everyone had an opportunity to express their views and put forward their analyses and experiences in a friendly and constructive atmosphere.

Resumption of Yacht Sales

“After a difficult end of year in 2009, 2010 saw a recovery in sales with transactions to the value of 2,575,866,000 euros, a +30% increase on 2009. And the average value of these transactions was 13 million euros,” began David Legrand.

The rise is explained by a significant drop in prices for the 30 to 40 metre vessels, generating a considerable volume of business as owners sought to quickly raise cash.

2010 also led to an adjustment in prices of second-hand boats. As a result, sales picked up again in a generally stabilised market, even though there are still discounts to be had. There is a better balance between the number of boats coming onto the market and those sold or taken off the market, so the situation is healthier which has led to a recovery, particularly in bargains.

It was also noted that the refit business has held up, although there are no longer the big renovations of previous years: further proof that owners are again more conscious of cost.

Espen Oeino observed that the level of serious enquiries for new-builds among designers seems to be higher than in 2009, a positive sign that should be confirmed by actual contracts.

“Clients have become more demanding and try to push the price to the maximum due to a lack of clarity. The Russian market collapsed on the Côte d’Azur, particularly between the end of 2009 and mid-2010, except for vessels over 35 metres,” reports Philippe Blattès, exclusive Importer for Azimut-Benetti (Monaco and France).

Among comments relayed from the Heesen shipyard, represented by Marketing Manager Sara Gioanola: “After the sale in December of a 51 metre to a Russian in his thirties, we have just signed another contract for a semi-customised 50 metre.”

Chartering at half-mast in 2010 but a fairer wind forecast for 2011

Contrary to all expectations, 2010 was a very difficult year for the charter market (30-40 metres), with last-minute or very late bookings at rock-bottom prices (-30%). The customary clientele preferred to take advantage of generous discounts in the second-hand market, and a chance to take out loans at very competitive rates to buy a yacht rather than charter.

Some in the profession fear these new owners (with a discounted product) will not be able to manage yacht maintenance costs (around 10% of the real value of a yacht per year). They are afraid the second-hand market in 2011 may become saturated, leading to a depreciation of the new-build sector which must maintain its production costs.

Some brokers remain optimistic for 2011, such as Kristen Ringsing (YachtZoo) who says his company has already signed contracts early in the year which was not the case at the same period in 2010.

Crews get a rough ride

Crewing is one of the sectors most affected by the crisis, with falling wages (-30%) and the number of staff onboard reduced, which is also having an impact on crew agencies.

Like the second-hand market, we have seen an enormous turn-over of personnel since last year,” says Jacques Conzales, President of GEPY (Groupement des équipages professionnels du yachting), and he adds: “Only the port and maritime authorities, and insurers can stress the importance of keeping crew on board to ensure not only maintenance but also security when the boat is moored up without a charter. We must not ignore the importance of having a properly trained seaman on board all year round!”

2011: A “pivotal year for shipyards”

“Many contracts signed in 2007-2008 are in the process of being delivered. They have enabled shipyards and all their suppliers to get through the crisis. Now everything hangs in the balance!” argues designer Espen Oeino.

Michael Breman, President of SYBASS (Superyacht Builders Association) and Sales Director at Lürssen, agrees: “It is important to reassure owners. The reputation and quality of production at the shipyards are decisive factors in the decision to purchase.”

“While some boatyards took advantage of the crisis to enter agreements or transactions, like Lürssen which bought a German shipyard or Oceanco that changed shareholders, for others 2011 will be a critical year once the final orders have been delivered. Rationalisation will continue in this sector. There will probably be more mergers in 2011. The present difficulties with order books for 2012 and 2013 should sound the death knell for speculative orders from those who sometimes built yachts before they had even been sold. This crisis will continue to streamline the market by reducing the competition,” affirms Olivier Blanchet, Fund Manager for Yachts (+40m) at BNP Paribas.

Yachting must step up its efforts to be recognised as an industry

“Some 53% of the world’s wealth is divided between the USA, Japan and Germany. For cultural reasons, and given what we have seen in Japan, Asia (apart from Singapore) is not yet a mature market partly due to cultural barriers and a lack of infrastructure. At present, South America is a more promising market than Asia, contrary to what one might think. Certainly, since 2009 and for the first time, the population of Asian “Ultra High Net Worth Individuals” has overtaken the Europeans. However, a yacht is still not an investment they make on impulse because they are yielding to a passion, as usually happens with this clientele. Today they think first about the way it is built before wanting to buy one. We estimate that there are around 100,000 people in the world likely to buy a yacht of +30 metres,” says Olivier Blanchet.

And he continued: “The average period of keeping a yacht is five to seven years maximum and in terms of value that represents around 12-15 billion for yachts of +24 metres.”

“We see yachting as an industry that must become more professional and better structured if it is to fully mature. The banks’ aim is to have an integrated approach: from the shipyard to the end user. The tendency is to ask those who are building the yachts for bank guarantees and the shipyards to ask for guarantees of payment. Under these conditions, legal contracts for construction, sub-contracting and credit is the key. The boat’s pedigree and the value of the maritime assets are just as important as the assurance given by the future owner on the means they have to buy the yacht of their dreams, but especially also their ability to maintain it properly with respect to nautical tradition. It is a relationship that must be set up for the medium term. It’s all about teamwork, from the designer and shipyard through the broker, manager, insurer, and so on; each has a role to play in the chain!”

“This sector is important when you remember that it generates 300,000 jobs in Europe. It is an industry on which people’s livelihoods rely: two billion euros in Italy and nearly a billion pounds sterling in GB. It is not by chance that the luxury industry is also interested in this sector; take for example the LVMH group which has got closer to Princess. These two industries focus on marketing and tailor-made products to meet the demands of a common clientele and thereby minimise depreciation of their production.”

“It’s true that this is an industry which doesn’t defend itself enough and suffers from a poor image. We need to communicate better! It’s up to us to explain that it creates jobs!”

Antoine Perry, Administrator at the Nice CCI (Chamber of Commerce & Industry) agrees: “We have identified 1,200 companies just between Cannes and Nice (excluding Monaco), that’s 3,600 direct jobs. Yachting is fourth for employment in the district [Alpes-Maritimes].”

Maintain its implied position as leader

“Monaco and the Côte d’Azur have assets. It is important to analyse and examine how we can lift our game to attract owners and respond to expectations about how best to exhibit their vessels when they go up for sale,” argues Philippe Blattès.

Faced with the current shortage of berths (many marinas being under construction), boat shows offer the best “shop” window. The Monaco Yacht Show helps generate sales; it is a solid bubble in terms of image and stability, and a barometer for the market. Proof of its success lies in the fact there were more than 130 yachts moored in the bay in 2010.

“For the last four to five years demand from exhibitors has been stable, with 50 to 80 companies on the waiting list who we are not able to satisfy. However, the size of yacht has changed with the  40 metre average in 2005 rising to 45 metres in 2010 and an increase in demand for yachts of over  60 metres,” comments Gaëlle Tallarida, Managing Director of the Monaco Yacht Show.

However, attention must be paid to the competition. This includes other shows such as the one at Fort Lauderdale, still an international benchmark, or the development of new marinas throughout the world whether in Liguria, where a dozen are springing up, Greece, Asia or Montenegro, or again the emergence of a new clientele and investment in South America, notably Argentina. “I was very impressed by the facilities set up in Montenegro in a former Russian naval shipyard. They already have a 100% occupancy rate in the summer and are starting to take 50 metre boats,” observes Gian Battista Borea d’Olmo, Managing Director of SEPM.

Laurent Perignon recalls: “The economic mechanisms which impact on industries producing upmarket and luxury consumer goods functioned in a similar way to luxury yachting during the crisis – and also we hope in the resolution – showing that the yachting industry is also subject to market forces. Clients are increasingly mindful of its evolution, rationalisation and professionalism.”

And Olivier Blanchet concludes: “Faced with a European market looking for a second wind, only environmental innovation to reduce energy use, with initiatives to unite players in the industry around a common goal, supported by greater transparency on prices and an ongoing search for quality, are likely to bolster development for 2011 and the years to come.”

Next rendez-vous:

“La Belle Classe Superyachts” Environmental Symposium, Wednesday 30 March 2011.

Phuket International Boat Show (PIMEX): US$ 17 million of trade at 4-day event

January 10, 2011

Phuket is in celebratory mood as the eighth Phuket International Boat Show (PIMEX) comes to an end and delivers the goods. 2011 looks set to be another successful year for the regional marine industry as seven boats and numerous luxury cars were sold at PIMEX. According to Show Director Andy Dowden, transactions at the show exceeded USD $17 million with more expected post-PIMEX (approx THB510 million).

Phuket International Boat Show (PIMEX) US$ 17 million of trade at 4-day event

Phuket International Boat Show (PIMEX) US$ 17 million of trade at 4-day event

Visitor numbers were high – 5,500 attended over the four-days with record numbers on the opening day. Phuket appears to be back. Visitors came from all over the South East Asia region including Hong Kong, Singapore, Malaysia, Thailand, as well as Europe with Russian interest very high.

“There has been a lot of interest both in-the-water and in the Exhibition Hall. It’s encouraging to see so many sales at the Show. Feedback has been overwhelmingly positive.”

PIMEX got off to a fast start with two confirmed boat sales on the first day, as well as one Jaguar. Boats included a Monterey 298SS Super Sport, sold by Derani Yachts and a 33ft Fountain powerboat private sale, hotly followed by a 57 foot Jeanneau sailing yacht by Lee Marine.

In addition to boats and cars, marine accessories “ Jet Skis, Kayaks and more – and marine services companies have all reported transactions. The feeling of exhibitors is buoyant. “Quality visitors”, “Many potential customers” are comments from exhibitors with many of the leads made expecting to be transacted post-PIMEX.

Phuket International Boat Show (PIMEX) 2011

Phuket International Boat Show (PIMEX) 2011

“We have made many good leads that we will follow-up. We are happy with our position in the Show and hope to secure the same position next year. Most of the interest in our boats came from Russian, Malaysian, Indonesia and French buyers,” said Robert Hawkins of Princess dealership, Boat Lagoon Yachting.

Ferretti Group underscored their focus on the Asia market with the launch of the Riva brand at PIMEX. “The show has been good for us. We have had a lot of interest from new people. For sure we will come back next year and will hopefully have a Riva on display.” said Paola Procopio, Riva Brand Manager.

First-time exhibitor, Prout International’s Managing Director Matthew Steinert, said “It’s our first time at PIMEX. We’ve had a lot of interest and have some keen potential customers.”

PIMEX 2011 welcomed many repeat exhibitors as well as new exhibitors local and international. 47 boats in-the-water, 86 companies exhibiting, boats from 30 foot to 87 foot superyachts, luxury villas from THB10 million to USD10 million and luxury cars from THB3 million to THB23 million, together make PIMEX the largest Boat Show in the region and a culmination of luxury lifestyle.

“A high number of visitors and good sales volume at the show. Both indicate strong growth in the regional marine industry and PIMEX reinforces Phuket‘s position as the marine hub in Asia,” Added Dowden.

SanLorenzo and Rodriguez Group Sign Commercial Agreement for Sanlorenzo Superyachts

December 20, 2010

Sanlorenzo, builder of a motor yacht fleet ranging between 62’ and 108’ and a superyacht fleet up to 200’, with facilities in Ameglia (La Spezia, Italy) and Viareggio (Italy), signed a commercial agreement with Rodriguez Group, to sell yachts and superyachts in the French Riviera, also owning the international brokerage and management company Camper & Nicholsons.

The agreement commit Rodriguez Group to sell exclusively in the France and Monaco all the Ameglia built fleet, composed by six motoryachts and the Viareggio built fleet, composed by four superyachts.

Sanlorenzo's 40 Alloy Series Superyacht

Sanlorenzo's 40 Alloy Series Superyacht

In the rest of the World Rodriguez Group will sell, not exclusively, only the larger yachts, meaning the four superyachts built by San Lorenzo in Viareggio.

Rodriguez Group starts positively this co‐operation placing orders for four yachts: two SD 92s motor yachts, the semi displacement yacht launched in 2007 which reached today the 20th hull, with delivery in 2011, the first, and in 2012 the second; two 40 Alloys, the planning aluminium superyacht, three time‐prized for her avant-garde design by international juries, which launched the feature of the folding terraces in an unmistakable San Lorenzo look and since 2007. 7 hulls have been built, both with delivery in 2012.

In the perspective of the promotional plans to sell Sanlorenzo yachts, Rodriguez Group will organise the participation to the Festival de la Plaisance in Cannes and to the Monaco Yacht Show, starting from September 2011. Both Companies will jointly work to strengthen for these occasions their joint image. Sanlorenzo will take part to the sumptuous annual party in Saint Tropez, which is gathering tens of owners in the old harbour of the Provence village for a two‐night unforgettable joyful event.

Rodriguez Group will sell on the International market ‐ on a commission base ‐the qualified and guaranteed Sanlorenzo pre‐owned yachts, using its worldwide sale network.

R Marine’s Annual Australia and New Zealand Summer Showcase

November 21, 2010

Australia’s largest luxury cruiser dealer network, R Marine, is hosting its annual Summer Showcase this month and what better way to cruise out of 2010 and leave all the woes of the world behind you as you propel forward into 2011 on board your very own luxurious Riviera.

R Marine’s annual Australia and New Zealand Summer Showcase

R Marine’s annual Australia and New Zealand Summer Showcase

This could be your last chance to secure your dream boat and spend the festive season exploring some of Australia and New Zealand’s unspoiled waterways.

In seven locations across Australia and New Zealand, Riviera’s R Marine Network will showcase millions of dollars of pure luxury in the form of brand new and pre-loved Riviera’s in selected models from across the Flybridge, Offshore Express and Sport Yacht ranges.

Riviera's Summer Showcase gives you the chance to celebrate the festive season and propel into 2011 on board your very own luxurious Riviera cruiser

Riviera's Summer Showcase gives you the chance to celebrate the festive season and propel into 2011 on board your very own luxurious Riviera cruiser

All boats on display can be delivered before Christmas, don’t put off that life-changing decision any longer, spoil yourself this festive season with some great purchasing opportunities.  Escape the rat-race and enjoy a relaxed Christmas and New Year on board your new five-star waterfront home.

Relax and enjoy your boating more with the confidence of R Marine’s totally experienced and seasoned team, industry leading after sales advice and care, a full boating events calendar, nationwide support network, and a fleet of mobile service vans to assist you.

Last year this event was a huge success with hundreds of boating enthusiasts from Whangarei in northern New Zealand to Fremantle in Western Australia inspecting both new and pre-loved models.

Summer Showcase now is tipped to be one of Riviera’s largest sales events and will be held from November 19 to December 20 inclusively. Each R Marine Dealership will host individual activities around this event.  

Riviera offers 20 different models from 36 to 85 feet across four model series Flybridge, Sport Yacht, Offshore Express and Motor Yachts.

R Marine’s annual Australia and New Zealand Summer Showcase of Riviera Yachts

R Marine’s annual Australia and New Zealand Summer Showcase of Riviera Yachts

Riviera is Australia’s largest and most awarded luxury boat manufacturer and exporter of Open and Enclosed Flybridge and Offshore Express models, Sport Yachts and Sport Cruisers. The Company, based in Coomera, South-East Queensland, operates the largest pleasure boat building facility in the Southern Hemisphere. About half of the company’s production is exported to a growing Dealer Network that spans more than 30 countries across the globe.

Fairline Boats Asia dealer’s inaugural Business Conference in Singapore.

November 16, 2010

Last week saw the inaugural Business Conference for regional dealers of Fairline Boats Asia. The event took place on Monday 8th November 2010 at the One15 Marina Club in Singapore and was attended by 16 persons, representing every dealer in the region.

Inaugural Business Conference for regional dealers of Fairline Boats Asia

Inaugural Business Conference for regional dealers of Fairline Boats Asia

Bryan Jones, President of Fairline Boats Asia commented: “Since opening our dedicated regional office in late 2008, we have seen substantial and continuing growth in both the number of dealers appointed and the volume of retail sales achieved. I owe this to the dedication, support and enthusiasm of every dealer within the region, who are all benefiting from being part of the Fairline brand and the robust economies throughout Australasia.

“Fairline has very strong relationships with all of its dealers and the first ever Asia Business Conference has allowed us to share our latest news on Product Development, Sales & Marketing and an open forum discussion session. Understanding the region is paramount to success, and offering the opportunity to listen, share ideas and work as a team will help drive further growth and market share.”

Fairline Boats Asia, with its dedicated corporate office in Singapore was established to support Fairline’s growing interests in the luxury boat sales market throughout the region. The Singapore office has allowed Fairline to respond to enquiries more quickly in addition to expanding the dealer network and being able to spend more time directly with dealers and customers throughout Australasia.

Feadship sells superyacht Gladiator (ex Sirius) F45

October 28, 2010

Feadship Royal Van Lent has sold the fourth yacht in its F45 Vantage custom-series, superyacht Sirius. The new owners took delivery of motor yacht Sirius on 27 October and have renamed her motor yacht Gladiator. The next F45 Vantage custom-series by Feadship is scheduled for completion in the spring of 2011.

Feadship sells super yacht Gladiator (ex Sirius) F45

Feadship sells super yacht Gladiator (ex Sirius) F45

The exclusive F45 concept brings together all Feadship’s expertise in design, construction, engineering, systems and materials applied to the yacht owners desires. Superyacht Gladiator‘s layout reflects the way modern owners cruise onboard superyachts, with the emphasis on a ‘beach house on the water’ lifestyle. She has five suites on the main deck, allowing up to ten people to reside in this prime real estate location with panoramic views through the giant windows.

In addition to a wealth of dining and sunbathing options, the beach platform serves as the ideal base for using a highly impressive range of watersport facilities.

Feadship motor yacht Gladiator (ex Sirius) has a hull, superstructure, bulkheads and exterior style that were set by Feadship in advance, with the equipment portfolio also being pre-selected. Motor yacht Gladiator (ex Sirius) has a ‘Miami’ interior (one of four customised options for the F45), featuring classic art deco styling, a fresh feel and contrasting woods within a comfortable environment.

Another crucial advantage of the award-winning F45 custom-series platform is the fact that the delivery times for owners is significantly less than would be the case for a fully customised 45-metre Feadship. The next F45 will become available in the spring of 2011 and be the first to feature a ‘Nautical’ interior. Fabric covered walls in dark wooden frames and a high contrast in carefully selected materials will offer a distinguished setting to the new owners.

The Feadship built F45 motor yacht Gladiator (ex Sirius )

The Feadship built F45 motor yacht Gladiator (ex Sirius )

Technical specifications of M/Y. Gladiator (ex Sirius) hull #803

Builder: Feadship – Royal Van Lent Shipyard
Type: Twin screw motor yacht, steel hull and aluminium superstructure
Length overall: 44.65m 146’6”
Beam max: 9.20m 30’2”
Draft (loaded): 2.70m 8’10”
Fuel capacity: 40,000 l 10,500 US Gallons
Fresh water capacity: 10,000 l 2,600 US Gallons
Design: De Voogt Naval Architects
Naval Architect: De Voogt Naval Architects
Exterior styling: De Voogt Naval Architects / Sinot Design Associates
Interior design: Sinot Design Associates
Main engines: 2x MTU 12V2000M70 – 788 kW / 1055 bhp
Propellers: 2x Wärtsilä Fixed pitch 5-bladed propellers
Propeller shaft: Rubber Design
Reduction gears: ZF W7540
Stabilizers: VTNaiad Marine zero-speed
Generators: 2x Caterpillar C9/Stamford 150 kW
Max. speed appr.: 14.5 knots
Range: Transatlantic
Classification: Lloyd’s 100 A1, SSC, Yacht, Mono, G6, LMC, UMS, MCA

About Feadship:

Based in the Netherlands, Feadship is a cooperation between three of the most renowned names in yachting history – Koninklijke De Vries Scheepsbouw, Royal Van Lent Shipyard and De Voogt Naval Architects – with combined roots dating back to 1849. Recognised as the world leader in the field of custom-built luxury motoryachts, Feadship has continuously been at the forefront of innovations in both technology and design. This has led to the introduction of two custom-series options, the SL39 and F45 Vantage, plus the radical Future Concept Feadships. Feadship also offers dedicated charter and refit services.