Tamara Yacht Brokers China 900 26

Draft report by: al nowhere hisham Italy 10686 274

We are a global leader in the super yacht industry with an
unrivalled reputation for service and excellence. We specialise in Netherlands 3120 65
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
Taiwan 1724 56
range of experience and knowledge far beyond anyone else in the Turkey 3120 70
industry. With a global network of offices we have an
United Arab Emirates 851 18
international presence and are able to meet the needs of clients
across the world. United Kingdom 2081 71

Global Analysis United States of

America 2435 63
For the first time since the global recession the number of new
Italy still leads the way in terms of the number of projects and
build projects is higher than that of the previous year. This year
total length. The UK market has grown significantly in the last
sees 736 new yachts under construction or on order which is a
two years and is set to overtake the US with eight more new
6.2% increase on previous years. The table below shows the top
builds this year than the US. Greece takes the tenth place this
10 luxury yacht building countries by the total length of yachts on
year, pushing France out of the list. This may be as a result of one
their order books:
large French builder temporarily stopping current and future super
New Yacht Orders yacht projects to focus its strategy on commercial and naval
contracts.
Business Review
Length Number Reports show that after a turbulent few years the yachting
in of industry is finally on the road to recovery. We sold a total of 193
super yachts in 2021 which is 36 more than 2020, and the highest
metres Yachts figure for five years.
Our company had a strong first quarter and spring has seen a
Germany 1457 16 promising rush of activity in the super yacht sales market. In six
weeks we sold five yachts with a total asking price of over €40
Greece 412 5 million. The yachts were purchased by buyers from the US, UK
and Germany; markets that had proved quieter during the
downturn. There was also a surge in charter bookings which is up
1
Al nowhere hisham 4572
by 15% compared to last year. This is largely due to the continued received an extensive €4 million refit this year. With
strength of chartering in Europe and an increasingly buoyant accommodation for 14 guests in a full beam owner’s stateroom
market in the Americas where we have several yachts to charter. and 6 further guest cabins, Jacob of London has a proven track
Growing markets for charter bookings include non-traditional record as a highly successful charter yacht.
markets such as Mexico, Brazil and South East Asia. There are
Charters
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 & A Tamara Yacht charter is the
Brokerage Show, the Dubai International Boat ultimate holiday experience and the
Show, the Palm Beach International Boat Show and perfect way to explore some of the
the Palma Superyacht Show. most beautiful and remote parts of
Sales the world. It is hardly surprising that
our chartering business goes from
Selling large luxury yachts demands professional expertise and strength to strength. A fleet of over
extensive market knowledge. We are the world leader in new and 90 yachts are managed by our expert brokers. In the past year
used yacht sales, specialising in the sale and purchase of luxury there has been increased charter business across the range but the
yachts over 24 metres. Our team visits hundreds of yachts every bigger new build yachts have outperformed the smaller under 40
year and is in regular contact with thousands of yacht owners. Our meter yachts, which are still struggling for meaningful charter
advanced database allows us to bring buyers and sellers together business. There is so much competition in this section of the
in today’s global market. A summary of our success so far this market that flexibility, competitive pricing and excellent crew are
year follows. absolutely essential. The market for chartering larger yachts
The year started well when we represented the buyer during the continues to grow as fewer people are investing in ownership and,
sale of the spectacular 50 metre motor yacht Bethany. In March as a result, more are wanting to charter. Ownership’s loss is
we sold the 30.5 metre motor yacht Luck be a Lady which was charter’s gain.
built in 2001. Holden Yachting represented the buyer. This yacht Conclusion
had sleek exterior styling and bright and spacious accommodation
for up to 10 guests in five staterooms. The interior had benefited It has been a strong start to the year and we are seeing signals
from a number of refits. across the market that the charter business will continue to
increase this year. Customers want a wide choice of yachts to
We followed this with the successful sale of Jocelyn, a 33 metre choose from and we provide some of the finest available on the
sailing yacht originally built by US super yacht yard Palmer market today. With a number of yacht sales, we are also seeing
Johnson. Jocelyn underwent a comprehensive refit in 2010 which positive signs within the brokerage market. We have represented
updated virtually every system aboard, including cosmetics, with both the buyer and seller in many of these transactions, showing
new Awl grip on all surfaces, all new teak decks and an our strength in finding buyers and representing the interests of
exhaustive list of upgrades that cost in excess of $2 million. sellers. We look forward to continued growth in the second half
We more recently sold the 50 metre Jacob of London, which of the year.

2
Al nowhere hisham 4572