Recent reports in the Indian press indicate changes. Specifically, a new yachting culture has hit Indian shores. Globe-trotting Indians are starting to flaunt express cruisers and speedboats. These are the new symbols of wealth. In addition, families are renting large yachts for vacations together.
THE NEXT LUXURY ITEM
According to Malav Shroff of Mumbai-based Mahindra Ocean Group, “After you have luxury cars, upmarket living spaces, high-end accessories and farm houses, where would you spend your money? Yachts are becoming elements of aspiration for many.”
Anju Dutta, a sales broker for Marine Solutions says sports cruisers are hot picks. “We have sold 45 Sea Ray sports boats and cruisers in the last year…in places like Goa, Cochin and Kolkata,” she says. Marine Solutions also gets demand for premium Italian models like the Ferretti 570 motor yacht. More commonly seen in the Mediterranean yacht charter market, such as the Ferretti motor yacht NUMBER OF COWES, interest in both buying and chartering mid-range Ferretti models in India is on the rise.
COMPANY PRESIDENT COMMENTS
Jana Sheeder, President of 1-800 Yacht Charters has been monitoring the increased demand for yachts in India.
“Mumbai is the country’s yacht capital, says Sheeder. “The number of motoryachts in the city has increased form 100 to over 200 in the past three years. The city has over 700km of waterfront exposure and the Maharashtra government has plans to develop multiple marinas. This is truly an emerging yachting market.”
While many Indian-owned yachts are used exclusively by the owners, others are now available for charter both in India and in ports around the world. Vijay Mallya owns the 95-meter motor yacht INDIAN EMPRESSwhich Sheeder and her company offer for hire at a weekly rate of €600,000 plus expenses.
She represents one of the major challenges in yacht design, for instance, creating a look that is distinctive but not outlandish. Trinity yacht MINE GAMES, a trideck superyacht, has just the right balance. Her deck house side windows nest in elongated ovals to create a sleeker superstructure. Her prominent bow and raised bulwarks make her look much larger.
At last news of a $1.5 million price reduction for the 49.9m superyacht. St. Martin yacht charter enthusiasts need not worry – MINE GAMES remains available for luxury yacht charter. She is available in both the Bahamas and the Virgin and Leeward islands of the Caribbean.
MINE GAMES is a 2007 build – conforming to ABS class and MCA compliance. She accommodates up to 12 guests. Her accommodations include a master, three doubles, and a twin. Her twin includes a Pullman berth. The yacht cruises at a swift 18 knots.
EXTERIOR AND TOYS
Mine Games is helicopter-capable, and she has a very large swim platform/beach deck. To sweeten the deal, a Triton two-person submarine (a favorite toy for yacht charter guests) is included in the new asking price of $31.45 million.
COMPANY PRESIDENT COMMENT
Jana Sheeder, President and Co-owner of 1-800 Yacht Charters and SailAway Yacht Charter Consultants says of the yacht,
“MINE GAMES has always been a favorite in the yacht charter marketplace. Her submarine, in particular, has made her a standout, and it has been a huge draw for people interested in a new experience during their vacations. Unique toy + gorgeous yacht = winning combination.”
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