- MONACO YACHT SHOW - September 22-25, 2010

- FORT LAUDERDALE BOAT SHOW - Oct. 29 - November 1, 2010

Boat Show and Summer 2010 Yacht Brokerage News

The larger shipyards specializing in the 100' to mega yacht market like Bennetti, Trinity, Palmer Johnson, Perini, CRN, Feadship and Heesen have all bounced back and orders are strong and certain yards are even starting 'spec' building projects again, making early deliveries of new builds a reality.

The quietest part of the market continues to be in the 75' to 95' fiberglass brokerage sector, where all styles of vessel from sport-fisher, cruiser to fast express yachts are being offered at bargain prices. Plenty of deals are being closed at 30% to 40% below expectations based on market values of just 1 year ago. Sailboat interest remains strong, but inventory is down from just 2 years ago. Sail buyers remain focused on particular boats, and quality rather than price is the key here.

New 77 Hatteras Sportfish Sold

In April, Mike Sharpe visited Dubai to supervise the offloading and commissioning of a new large Hatteras for his client. Sea-trials went well, and the owner is now enjoying the air-conditioned comfort of his brand new yacht. At the clients request, Mike also sourced the new Captain for the yacht after conducting interviews of several international applicants in our Fort Lauderdale offices. This is the second yacht Mike has had shipped to Dubai recently.

We are settling into our new suite of offices in the central location of 17th Street in Fort Lauderdale, and would welcome a visit from owners, captains and crew. Broker Captain Mike Streeter joined O.Y.I. early this year and is very involved in several projects that hope to become confirmed sales shortly. His clients are showing particular interst in US built yachts as well as brokerage boats located here for European clients, where prices are the guiding influence.

As we look ahead to the Monaco Yacht Show and Fort Lauderdale International Boat Show, we firmly believe that the activity for 2010 will far exceed that of the previous two years. We will be heading to the Monaco Yacht Show to meet clients, and if we can be of assistance to you with your specific or general inquiries, please let us know. In Fort Lauderdale we are here to assist you with your inquiries, so please get in touch at any time.

Remember that we are experienced in both large sail and large motor yacht brokerage as well as new construction and re-fit projects. Whatever your needs, we would be pleased to assist, from advising new customers on that first purchase to new construction projects and listing, or buying your next brokerage yacht.

Best regards,
Mike
Mike Sharpe.

If I can be of assistance, please give call us at +1-954-600-8338 or e-mail me at Mike@SharpeYachts.com.

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