BOATPro Monthly Digest - July Edition

Welcome to the July edition of the BOATPro Monthly Digest, a recap of everything superyacht-related you might have missed from the past month, found exclusively on LinkedIn.?

OneWater in rumoured deal to purchase MarineMax

A report from Bloomberg claimed OneWater Marine is in talks to acquire its larger industry rival MarineMax Inc. Shortly after the report was made public, OneWater released a statement on its rumoured deal.

Read more here.?

Motion to sell 106m arrested superyacht Amadea denied by US courts

The motion had called for an auction to sell the yacht amid “excessive” carrying costs, estimated at $743,750 a month.

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Suez Canal Authority reduces yacht transit fees by 50%

In light of ongoing disturbances in the Middle East, the lower rate will apply to yachts under 300 tons between July and October in support of the Egypt International Boat Show.

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• Feadship gives up stand at 2024 Monaco Yacht Show to “redefine” traditional exhibition approach
• The Italian Sea Group sells former Perini Navi shipyard to Next Yacht Group
• Nobiskrug resumes operations under new management at both its Flensburg and Rendsburg facilities
• Overmarine Group announces passing of founder and president, Giuseppe Balducci
• The Italian Sea Group announces new board chairwoman, following the resignation of Filippo Menchelli
• MarineMax forms new Superyacht Division to consolidate existing superyacht brands
• Mengi Yay launches new Reviva Refit division amid growing demand in the Eastern Mediterranean
• Abeking & Rasmussen appoints Bj?rn Schlüter as its new chief operating officer

A market on the rise: superyachts set sail for Southeast Asia

The superyacht fleet in Southeast Asia has grown 29 per cent over the past five years, marking this corner of the world as a key area to watch. But what is driving the increase? And how is the region tackling its lack of infrastructure? BOATPro investigates…

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Long Read

What is happening to semi-custom superyacht production?

For the first time in more than a decade (excluding the 2020 slowdown), BOAT International’s Global Order Book logged a decrease in the number and proportion of semi-custom projects and an increase in full-custom projects. Is this nothing more than a brief anomaly or is there something more to it? BOATPro investigates what is ultimately driving the change…

Read the full report here.

Brokerage Spotlight: Results for June 2024

According to BOATPro, an explosion of new brokerage listings in July was led by a wave of high-value items including Oceanco’s rebuilt H3, Luminosity and Christina O…

Read the full report here.

Expert Insight: Arksen's Jasper Smith on creating the industry's smallest explorer yacht

CEO Jasper Smith digs into the design inspiration of Arksen’s first-ever superyacht offering, the Arksen 85, and discusses why bigger is not always better when it comes to selecting a new vessel geared towards exploration.

"Fundamentally, the brief was to create a new type of vessel for modern exploration – a step away from what I see as the legacy model of leisure boating that has been with us for the last 15 years.” – Jasper Smith

Read more here.