Luxury mega yacht charter aficionados take heart. Yes, fewer vessels destined for the world’s charter market are being built. Those that are being built will be larger than ever before.
Megayachts Get Larger Every Year
Industry reports for January 2013 indicate there are a total of 692 yachts over 80 feet under construction worldwide. This is a 5.2% drop in the number of projects over the prior year, but the length and volume of the yachts has grown.
Currently there is more gross tonnage under construction since 2007. Builders report 14 projects are underway over 328 feet (100 meters), and a 44% increase in orders for yachts over 250 feet.
LUXURY TAX ABOLISHED The recent Mediterranean Yacht Charter show in Genoa, Italy, learned that the 3 year old Sardinia Luxury Tax is no more. ABOUT THE TAX The repeal of the Sardinia Luxury Tax is especially good news to charter enthusiasts. Anyone considering a yachting vacation in the Mediterranean is fortunate. The law […] read more
The world of luxury yacht charter has finally arrived in the Seychelles. Motor yacht SEA STREAM, a 76 foot Ferretti with room for 8 guests, is now available for Caribbean yacht charter enthusiasts looking for a new destination. Ferretti yacht SEA STREAM is now available as the only high quality, luxury crewed motor yacht available […] read more
PLAN AND PACK Yikes! What to pack? In just over three weeks, you leave on a week-long Bahama yacht charter vacation. You choose a sleek, performance, basic sailing yacht with crew. Your menu provided to your yacht through your charter broker, and your crew is ready to welcome you aboard. Seriously, what do you pack? […] read more