Tawara Yacht Brokers
Draft report by: THANDI
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.
The UK market has grown significantly in the last two years and is set to
For the first time since the global recession the number of new build projects overtake the US with eight more new builds this year than the US. Greece
is higher than that of the previous year. This year sees 736 new yachts under takes the tenth place this year, pushing France out of the list. This may be as
construction or on order which is a 6.2% increase on previous years. The a result of one large French builder temporarily stopping current and future
table below shows the top 10 luxury yacht building countries by the total superyacht projects to focus its strategy on commercial and naval contracts.
length of yachts on their order books:
New Yacht Orders
BUSINESS REVIEW
Length in Number of Reports show that after a turbulent few years the yachting industry is finally
metres Yachts on the road to recovery. We sold a total of 193 superyachts in 2021 which is
Italy 10686 274 36 more than 2020, and the highest figure for five years.
Netherlands 3120 65 Our company had a strong first quarter and spring has seen a promising rush
Turkey 3120 70 of 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 up
by 15% compared to last year. This is largely due to the continued strength
China 900 26
of chartering in Europe and an increasingly buoyant market in the Americas
United Arab Emirates 851 18 where we have several yachts to charter. Growing markets for charter
Greece 412 5 bookings include non-traditional markets such as Mexico, Brazil and South
United States of East Asia. There are good signs that the economic upturn is starting to take
America 2435 63 hold.
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This year we have had successful representation at several boat shows CHARTERS
including the Miami Yacht & Brokerage Show, the Dubai International Boat
Show, the Palm Beach International Boat Show and the Palma Superyacht A Tawara Yacht charter is the
Show. ultimate holiday experience and the
perfect way to explore some of the
SALES most beautiful and remote parts of
the world. It is hardly surprising
Selling large luxury yachts demands professional expertise and extensive
that our chartering business goes
market knowledge. We are the world leader in new and used yacht sales,
from strength to strength. A fleet of
specialising in the sale and purchase of luxury yachts over 24 metres. Our
over 90 yachts are managed by our
team visits hundreds of yachts every year and is in regular contact with
expert brokers. In the past year there has been increased charter business
thousands of yacht owners. Our advanced database allows us to bring buyers
across the range but the bigger new build yachts have outperformed the
and sellers together in today’s global market. A summary of our success so
smaller under 40-meter yachts, which are still struggling for meaningful
far this year follows.
charter business. There is so much competition in this section of the market
The year started well when we represented the buyer during the sale of the that flexibility, competitive pricing and excellent crew are absolutely
spectacular 50 metre motor yacht Bethany. In March we sold the 30.5 metre essential. The market for chartering larger yachts continues to grow as fewer
motor yacht Luck be a Lady which was built in 2001. Holden Yachting people are investing in ownership and, as a result, more are wanting to
represented the buyer. This yacht had sleek exterior styling and bright and charter. Ownership’s loss is charter’s gain.
spacious accommodation for up to 10 guests in five staterooms. The interior
had benefited from a number of refits. CONCLUSION
We followed this with the successful sale of Jocelyn, a 33-metre sailing yacht It has been a strong start to the year and we are seeing signals across the
originally built by US superyacht yard Palmer Johnson. Jocelyn underwent a market that the charter business will continue to increase this year. Customers
comprehensive refit in 2010 which updated virtually every system aboard, want a wide choice of yachts to choose from and we provide some of the
including cosmetics, with new Awl grip on all surfaces, all new teak decks finest available on the market today. With a number of yacht sales, we are
and an exhaustive list of upgrades that cost in excess of $2 million. also seeing positive signs within the brokerage market. We have represented
We more recently sold the 50 metre Jacob of London, which received an both the buyer and seller in many of these transactions, showing our strength
extensive €4 million refit this year. With accommodation for 14 guests in a in finding buyers and representing the interests of sellers. We look forward
full beam owner’s stateroom and 6 further guest cabins, Jacob of London has to continued growth in the second half of the year.
a proven track record as a highly successful charter yacht.
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