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CONTINUED.   THE ULTIMATE OFFSHORE INVESTMENT.   PAGE 2.

courtesy of © BOMBARDIER / TRINITY YACHTS. LLC
By MARK ARMSTRONG. HND

 

What more is there to say about Superyachts ?

They are status symbols, objects of luxury that would make many a king or queen blush.

They are perfect for hiding from prying paparazzi and hopping from various exotic ports throughout the Mediterranean or Caribbean for months at a time while entertaining friends and family.



LEFT M/Y ZOOM ZOOM ZOOM, 161 ft. (49m) aluminum tri-deck relaxing in the Bahamas
TOP M/Y MIA ELISE, 180 ft. (55m) steel displacement yacht in Nice, France. CENTER, The recent delivery of M/Y LADY LINDA, 157 ft. (47.9m) aluminum tri-deck. ABOVE Aft sun deck of M/Y MIA ELISE.


Not so long ago, a 30 metre (100 ft.) yacht with 3-4 nice staterooms would have been quite a prize.Today, some owners believe that if you don't have a grand piano, a helipad, a gymnasium, or a 500-bottle wine cellar, you might as well be in a row boat. Yet while superyachts might seem like frivolous opulence, they are also feats of naval engineering and construction. Their owners are right to be proud, as these ships are often entirely hand-built by hundreds of artisans crafting the hull, moulding the cabinetry and designing high-tech gizmos; but can they be called investments? The industry of building new superyachts is currently growing at 14% per annum worldwide between 2006 - 2007. Over the last decade the global fleet has almost doubled. Due to a low scrap rate, the market for repair/refit is expected to grow at the same rate.The decision to build a SuperYacht is not normally thought of as an investment, but the demand for new yachts exceeds the production capacity of recognised Superyacht builders which has resulted in long delivery dates from most builders. Also, the development of an increasingly active charter market where average superyachts charter between $175,000 and $375,000 per week, as well as new concepts such as fractional or shared ownership, are adding new options for owners. As a result, a new Superyacht from a yacht yard with a known pedigree will appreciate, (yes I did say appreciate) from the minute you sign the build contract to approximately the fourth or fifth year after delivery. All of a sudden the pure joyful decadence of superyacht ownership begins to take on a beautiful financial glow. Trinity Yachts, LLC., a company well aware of this formula, has been on the forefront of this financial investment boom since 1988, building steel and aluminum superyachts for clients all over the world.. According to William (Billy) Smith, Vice President, they are ...

 

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 THE ULTIMATE OFFSHORE INVESTMENT

FOR MORE INFORMATION, PLEASE CONTACT: Trinity Yachts, LLC, 13085 Seaway Road, Gulfport, Ms 39503 USA Tel. 228 276 1000 • FAX 228 276 1001 • Email: info@TrinityYachts.com • www.trinityyachts.com OR CALL William S. Smith III at 228 276 1054 • Email: wssmith3@trinityyachts.com

Reprint with permission.
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