The Bulls may be running the past week or so on Wallstreet. In Europe, it’s aBEAR MARKETthat’s catching attention in the yachting community.
MANGUSTA
Motor yacht BEAR MARKET is a Mangusta 92. She is a high-performance luxury sport yacht. This yacht brims with Italian style and explosive speed. It is the perfect combination for a fast-paced Mediterranean yacht charter odyssey.
SPECIAL RATE
To entice A-personality adventure buffs, the Mangusta 92 motoryacht BEAR MARKET has announced a special offer for the month of May — 33% off all charters.
Pay just €30,000 per week plus running expenses for an all-out speedfest along the Côte d’Azur…
INTERIOR
Built in 2003 by Italian shipyard Mangusta (Overmarine), this open-style superyacht has a sleek exterior complemented by a warm and inviting interior décor.
ACCOMMODATIONS
The 28 meter Mangusta motor yacht Bear Market accommodates eight to nine guests in four cabins.
Looking for a unique destination for your summer yachting vacation? Try the fjords of Norway, selected by National Geographic as the top ecological tourist attraction.
A handful of charter yachts will be available this summer to explore the stunning landscapes and dramatic scenery are found throughout this Scandinavian country. Motoryacht FOUR FRIENDS, an 80-foot Mangusta is scheduled to arrive in early July on Norway’s west coast – within easy cruising distance of the fjords. She offers accommodations for six guests at a base rate of €35,500 per week. For two week rentals, the owner will reduce the price by 10 per cent! Her base rate is now €2,000 per week.
Beginning in May 2012, the 111-foot Christensen motoryacht CRISS C will travel to the Baltic Sea and Norway and will remain in the region all summer. She is a 10 guest yacht with prices starting at €49,000 per week.
There are other yachts scheduled to be in Norway this summer. For instance, Motor yacht DAYDREAM, a 140′ Christensen yacht for 10 passengers from €82,000 per week. In addition, superyacht GRACE, a 158′ Sijperda yacht for 10 passengers, from €100,000 per week/
The opportunity to explore the fabled Côte d’Azur has never been more affordable, thanks to a special late-summer discount on motoryacht CELECASOR.
MANGUSTA 130
The owner of the stunning Mangusta 130 motor yacht CELECASOR is offering a “2 for 1” discount. For every day booked, the owner offers one extra day, free of charge! This is a fabulous offer not to be missed. In specific, it is for the remainder of the summer season.
WHO IS CELECASOR?
Built in 2006, the yacht is a rocket on the water, capable of cruising at 30 knots. This speedy advantage over most megayachts presents the opportunity to cover the entire French Riviera coastline in a week’s time – from St Tropez to Monaco.
ACCOMMODATIONS AND INTERIOR
The 130′ mega yacht accommodates 6 to 8 guests in 4 staterooms. Specifically, 3 doubles and 1 twin. Her sumptuous interior combines dark woods with light neutral fabrics.
AMENITIES
The spacious deck saloon features a retractable roof and a 2nd saloon on lower deck offers privacy and an escape from the Mediterranean sun. Onboard amenities include a Kaleidescape entertainment system and a full array of water toys.
CREW
The yacht and her crew of 6 are standing by and ready to go! The boat is based on Imperia.
RATE
The published weekly rate is €129,500 plus all running expenses. For each day booked, the rate prorates to reflect the 2-for-1 special.
HOW TO BOOK A YACHT CHARTER
A summer winds down, it’s time to plan a winter escape. Take advantage of great early-bird specials on Virgin Island yacht charters. Contact our destination specialists HERE for more details.
In catching up on technical reading, I studied the launch of the 96 meter Feadship yacht VERTIGO.
For many of our clients, the epitome of luxury is a Feadship yacht charter vacation. These fabled Dutch builders have placed a number of their award-winning vessels into the superyacht charter market. Vessels like yacht HURRICANE RUN, motor yacht JOY, and the the 81 meter yacht AIR, the second largest Feadship currently available for charter, hold a coveted ranking among the most popular luxury yachts for hire in the world.
As I reviewed photos of yacht VERTIGO, Feadship hull 1066, I was floored by her massive size. At 96 meters in length (about 315 feet), she is longer than an NFL football field, from bow to stern. Even her onboard amenities are grand – like the 9 meter x 4 meter swimming pool and the below-deck helicopter hangar.
I thought to myself, “Our charter clients will be amazed when they see this yacht.”
AMAZED — BUT WILL clients be????
Is it possible vessels like Feadship yacht VERTIGO and similar sized yachts are too big for a superyacht charter, no matter how impressive their onboard amenities might be. Too ostentatious? An appropriate size to maneuver? Is sher affordable?
IS THERE A BEST SIZE FOR A CHARTERYACHT?
So just how big is too big – and is there an optimal size yacht for charter?
As a person might expect, there is no simple yes or no answer. More importantly, there IS a correct answer – and it comes from understanding not so much what the charterer wants, as what the charterer needs!
While the charter rate and yacht’s appearance and amenities are important, those details initially take a back seat to the primary factors used to determine the optimal size of the yachts we recommend to our clients.
Our charter consultants focus on two primary criteria when determining the right yacht. For instance, destination and intended use.
DESTINATION DICTATES YACHT SIZE
“Where” the client wishes to charter is the first factor in determining how large a yacht they can enjoy. Simply stated, some yachts are too large, and draft too deeply in the water to safely navigate certain destinations.
COMPANY PRESIDENT COMMENTS
Jana Sheeder, our company’s President best explains the challenge:
“A client who enjoyed a 175ft Feadship yacht charter vessel in the Mediterranean in the summer, might ask for a similar yacht to explore the Bahamas in the winter. However, the Bahamas are a shallow destination and many of the best beachfront anchorages are too shallow to be enjoyed by a Feadship with a typical 12ft draft. Instead of quoting a Feadship, we would probably recommend a yacht like the 164ft Mangusta MOONRAKER. She’s just 10 feet shorter in length than a comparable Feadship, but drafts just 6ft – half the draft of a Feadship!”
USE DICTATES YACHT SIZE
“What” the charterer wishes to do during the rental period is the second factor in recommending a yacht based on size. If the yacht is to be used for a corporate event, like the Cannes Film Festival, accessible dockage is crucial to the success of the charter. Our friend Hansel describes the importance of analyzing dockage requirements in relation to the yacht’s size.
“For a static charter, the yacht is normally positioned stern-to (perpendicular to) the quay so VIP guests can come and go. If the yacht is too long, it will have trouble docking stern-to, and it’s bow will jut out, and possibly restrict the passage of yachts entering and exiting the marina. It is far better to provide the client with a yacht shorter in overall length, but greater in volume via multiple decks for entertainment and socializing.”
Once the destination and use issues have been addressed, we can present the largest yachts that won’t compromise the needs of the client. At this point, the focus shifts to cost and amenities, with many clients seeking the biggest yacht in line with their budget, as well as a vessel with unique watertoys.
THE SUPERYACHT OWNER’S PERSPECTIVE
As an interesting side note, the owner’s perspective on what is the ideal size for a superyacht for charter differs from that of the charterer and charter broker. With many owners, bigger is better. Driven in part by ego, yacht owners continue to build larger and larger yachts. In a recent interview with Superyacht Times, John Rosatti, the owner of 65m yacht DOUBLE DOWN, commented on the growing trend to build bigger yachts:
“Everyone’s going bigger now, just look around. In 1988, I had a 34m Thunderball and it was in the top 100 largest yachts. Now I have a 65m, which may have just slipped out of the top 250. These boats get bigger and the ports get smaller. Where do you put them? It’s tough. If you look around there’s virtually nothing under 150 feet now.”
MANAGEMENT WEIGHS IN
Yet even when ego seems to dictate the size of yachts, there is still some semblance of reason for a few yacht owners. Paolo Casani, managing director of C&N, believes new-build growth in charter yachts will be in the 45-65m sector. Casani told Superyacht Times:
“They’re (45-65m yachts) easier to manage and you have more berthing options. Yachts this size are the most appealing for charter. We had a 60m that did 96 days of charter in one season. The owner offset his running costs and actually made a profit. The pricing for charters becomes far less attractive for the market when you get above 65 meters.”
FINAL YACHT SIZE THOUGHT
While affluent owners will continue to push the bar and build yachts in the 100 meter range, and larger, for most charterers, the ideal charter vessel will be the yacht that is best suited for the client’s desired cruising destination and specific use. Whether that yacht is 50 meters or 100, should remain a secondary factor in selecting the right yacht for the ultimate superyacht experience.
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