Tawara Yacht Brokers
Draft report by: Maha
We are a global leader in the superyacht industry with an unrivalled reputation for service and excellence. We specialise in the sale, charter, management and new
construction of some of the largest yachts in the world. Our team of dedicated staff all share a genuine passion for being at sea and collectively possess a range of
experience and knowledge far beyond anyone else in the industry. With a global network of offices, we have an international presence and are able to meet the needs
of clients across the world.
GLOBAL ANALYSIS
Italy still leads the way in terms of the number of projects and total length.
For the first time since the global recession the number of new build
The UK market has grown significantly in the last two years and is set to
projects is higher than that of the previous year. This year sees 736 new
overtake the US with eight more new builds this year than the US. Greece
yachts under construction or on order which is a 6.2% increase on previous
takes the tenth place this year, pushing France out of the list. This may be
years. The table below shows the top 10 luxury yacht building countries by
asa result of one large French builder temporarily stopping current and
the total length of yachts on their order books:
futuresuperyacht projects to focus its strategy on commercial and naval
New Yacht Orders contracts.
Length in metres Number of Yachts BUSINESS REVIEW
Italy 10686 274 Reports show that after a turbulent few year the yachting industry is finally
Netherlands 3120 65 on the road to recovery. We sold a total of 193 superyachts in 2021 which is
Turkey 3120 70 thirty-six more than 2020, and the highest figure for five years. Our
company had a strong first quarter and spring has seen a promising rush of
United States of America 2435 63
activity in the superyacht sales market. In six weeks, we sold five yachts
United Kingdom 2081 71 with a total asking price of over €40 million. The yachts were purchased by
Taiwan 1724 56 buyers from the US, UK and Germany; markets that had proved quieter
Germany 1457 16 during the downturn. There was also a surge in charter bookings which is
China 900 26 up by 15% compared to last year. This is largely due to the continued
strength of chartering in Europe and an increasingly buoyant market in the
United Arab Emirates 851 18
Americas where we have several yachts to charter. Growing markets for
Greece 412 5 charter bookings include non-traditional markets such as Mexico, Brazil
and Southeast Asia. There are good signs that the economic upturn is
starting to take hold. This year we have had successful representation at
several boat shows including the Miami Yacht & Brokerage Show, the
Dubai International Boat Show, the Palm Beach International Boat Show
and the Palma Superyacht Show.
1 Maha, 22122,1234
SALES yachts are managed by our expert brokers. In the past year there has been
increased charter business across the range but the bigger new build yachts
Selling large luxury yachts demands professional expertise and extensive have outperformed the smaller under 40 metre yachts, which are still
market knowledge. We are the world leader in new and used yacht sales, struggling for meaningful charter business. There is so much competition in
specialising in the sale and purchase of luxury yachts over 24 metres. Our this section of the market that flexibility, competitive pricing and excellent
team visits hundreds of yachts every year and is in regular contact with crew are essential. The market for chartering larger yachts continues to
thousands of yacht owners. Our advanced database allows us to bring grow as fewer people are investing in ownership and, as a result, more are
buyers and sellers together in today’s global market. A summary of our wanting to charter. Ownership’s loss is charter’s gain.
success so far this year follows.
CONCLUSION
The year started well when we represented the buyer during the sale of the
spectacular 50 metre motor yacht Bethany. In March we sold the 30.5 metre It has been a strong start to the year, and we are seeing signals across the
motor yacht Luck be a Lady which was built in 2001. Holden Yachting market that the charter business will continue to increase this year.
represented the buyer. This yacht had sleek exterior styling and bright and Customers want a wide choice of yachts to choose from and we provide
spacious accommodation for up to 10 guests in five staterooms. The interior some of the finest available on the market today. With several yacht sales,
had benefited from a number of refits. we are also seeing positive signs within the brokerage market. We have
represented both the buyer and seller in many of these transactions,
We followed this with the successful sale of Jocelyn, a 33-metre sailing
showing our strength in finding buyers and representing the interests of
yacht originally built by US superyacht yard Palmer Johnson. Jocelyn
sellers. We look forward to continued growth in the second half of the year.
underwent a comprehensive refit in 2010 which updated virtually every
system aboard, including cosmetics, with new Waltrip on all surfaces, all
new teak decks and an exhaustive list of upgrades that cost in excess of $2
million.
We more recently sold the 50 metre Jacob of London, which received an
extensive €4 million refit this year. With accommodation for 14 guests in a
full beam owner’s stateroom and 6 further guest cabins, Jacob of London
has a proven track record as a highly successful charter yacht.
CHARTERS
A Tawara Yacht charter is the
ultimate holiday experience and
the perfect way to explore some
of the most beautiful and remote
parts of the world. It is hardly
surprising that our chartering
business goes from strength to
strength. A fleet of over 90
2 Maha, 22122,1234