Late last week, European CEO uploaded this interview with Fraser Yachts CEO Raphael Sauleau. He talks about new-build and brokerage markets, not charter, but what he explains could have interesting implications for the charter industry in the next few years.
Sauleau explains that right now in top shipyards, there has been a huge increase in orders for yachts 230 feet and larger. These superyachts are being built now and will be launched in the next few years, leading to what he says will be a nearly 50-percent increase in the number of 230-foot-plus yachts afloat.
Will they all go into charter? No, if historic trends hold—but a few of them likely will, giving charter yacht clients more options than ever at the top end of the global charter market.
Right now, the largest yacht that is regularly, actively promoted for charter is the 325-foot classic motoryacht Christina O. The 296-foot Corsair motoryacht Nero also actively charters, and promotions are sometimes seen for the 282-foot Oceanco motoryacht Seven Seas, the 272-foot Lurssen motoryacht Solandge and the 274-foot Feadship motoryacht Savannah, which is the newest superyacht to enter the top end of the global charter fleet.
Of course, there are larger yachts out there (the world’s biggest right now is the 591-foot Lurssen motoryacht Azzam), but none of them are actively marketed for charter. Will that change by 2020? It’s anybody’s guess, but the odds, apparently, are higher than ever.
Any reputable charter broker can tell you more about the world’s largest charter yachts or help you book a week aboard.