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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.
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 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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