Ernie Martinez’s Post

The luxury yacht market is expected to witness significant growth in the future due to the increase in recreational tourism worldwide, change in lifestyle of people and high net worth individuals and flourishing tourism industry and increasing yacht ownership. The Global Luxury Yacht market size was valued at $7,185.93 Million in 2024 and is projected to reach $10,663.76 Million by 2030. Know More: https://lnkd.in/gsMnshbc Key Players: Ferretti Group Azimut|Benetti Group Sanlorenzo Yacht Feadship Princess Yachts FR. LURSSEN WERFT & CO ISA YACHTS Sinot Yacht Architecture & Design  Oceanco Mercury Yacht Construction BV (an Oceanco Company) NOBISKRUG Amels B.V. The Italian Sea Group S.p.A Christensen Yachts Inc Royal Huisman FINCANTIERI Sunseeker International Ltd #yachts #yachtsales #luxuryyachts #sailing #yachtingindustry #yachtinglifestyle #travelindustry #tourism

The Most Expensive Yachts In The World (And Why They Cost So Much) #WorldsMostExpensiveYachts #LuxuryYachting #YachtPrices #MaritimeOpulence #SuperyachtLifestyle #NauticalExtravagance #YachtMarket #WealthyLiving #YachtingWorld #MaritimeLuxury #YachtingInternationalRadio

Though superyachts are already among the most costly consumer items available, the prices of the most expensive yachts in the world are still astounding. In recent decades, those with money to burn have settled on these floating palaces as an ideal locus for demonstrating their prosperity, and, as such, the global luxury yacht industry is undergoing a golden age. Below, dive into the five reportedly most expensive yachts in the world. https://lnkd.in/dqyk_CMV

The Most Expensive Celebrity Yachts #CelebrityYachts #LuxuryLiving #YachtingInternationalRadio #Superyachts #HighSeasLuxury #RichAndFamous #OpulentLifestyle #LuxuryYachts #CelebrityLifestyle

Deciphering our professional yachting language: today's M/Y 🤔 As you've seen on numerous occasions on our website and throughout your yacht search, yachting professionals use a number of abbreviations. One of these is M/Y, frequently used to describe certain yachts. As a company specialising in yachting, we want to unravel the mystery behind our different designations, by shedding light on their origins and uses. This article will be followed by a series of similar articles, aimed at helping you to better understand the presentation of our yachts and bringing you into our world. - Why is the abbreviation M/Y used? - When do we talk about yachts ?  - Technical and aesthetic features of a yacht Read the full article on our website, Christel Pocachard Yachting ! 😉

Who is building the superyacht giants? Here is an overview of the global distribution of superyacht shipyards that specialise in constructing vessels surpassing the 70-meter mark, a benchmark that distinguishes the elite in yacht craftsmanship. Dominating the chart is Lürssen, a German shipyard renowned for its bespoke luxury yachts, boasting 62 masterpieces that affirm its top-tier status. The chart shows the prowess of European shipbuilders in this top-tier market but also highlights a niche segment; just 2.8% of superyachts exceed the 70-meter luxury threshold, illustrating the exclusivity and grandeur associated with these floating wonders. Lürssen Feadship Oceanco Amels B.V. ABEKING & RASMUSSEN Schiffs- und Yachtwerft SE The Italian Sea Group S.p.A NOBISKRUG Turquoise Yachts Benetti Yachts Blohm+Voss B.V. & Co. KG #superyachtindustry #yachtcaptain #superyachts

Fun Facts we're learning today at the @SuperYacht Times Gulf Superyacht Summit in Abu Dhabi: 1. There are 2,100 super yachts worldwide measuring over 40 meters. However, a whopping 5,750 super yachts are over 30 meters. This implies that the yachts between 30-40 meters dominate the market, constituting almost 65% of the total! 2. Approximately 300 used yachts are sold annually, with the record-breaking sale of MY Ahpo (115m) in May 2023 and the second-largest, MY Lana (106m, now MY Mar) 3. In the Gulf, captains face a significant challenge in provisioning—getting parts typically takes a minimum of 2 weeks. Additionally, captains highlight the shortage of knowledgeable individuals experienced in the yachting industry who understand the unique needs of super yachts. In conclusion, the Gulf requires a higher level of service than what is currently available. 4. Owners in the Middle East boast an impressive fleet, with an average yacht size of 64 meters, making them the proud owners of the largest yachts in the region. If you would like to connect with us, Brenda van Zoeren and Sarah van der Elst will be available during our time here. #YachtChandlers #YCInteriors #GulfSuperyachtSummit2023

How The Other Half Sails: The Most Expensive Celebrity Yachts #CelebrityYachts #LuxuryLiving #YachtingRoyalty #YachtLifestyle #SailingInStyle #YachtingInternationalRadio #YachtLife #CelebrityBoats #LuxuryYachts #HighSeasLiving

I loved writing this piece on 'quiet luxury' for Heesen Yachts' blog, not least because it gave me an excuse to work HBO's Succession into an article, but also because the more I thought about it, the more it rang true for yachting. To paraphrase my sign off, "When quiet luxury is done well, quality is left to speak for itself." If you're not yet convinced, read about it here... #heesen #heesenyachts #superyachts #yachting #quietluxury #stealthwealth #boats #successioncore #succession #luxury

Discover the luxury and innovation of the Majesty 120, as highlighted in Robb Report's latest review. Uncover the details that make the Majesty 120 a true standout in the world of yachting. #GulfCraft #MajestyYachts #LuxuryYachts #YachtLife #ExcellenceInYachting Read the full review here: https://lnkd.in/dGJv6M4Z