WHAT GOES UP MUST COME DOWN
Among the numerous bits of news that land on our desks from the press, from operators professionally involved in yachting, from the grapevine, in the course of the events and international yacht shows we attend, there are some which spur us on and deserve some thought before drawing our own ideas and conclusions. Recently a number of ship yards have been acquiring others among them Lürssen which has acquired Blohm+voss and then went on to secure a deal with MB92 in La Ciotat, but while still remaining in northern Europe there’s also Royal Huisman that can now not only count on its own premises but also on Emden Yachts’ and Holland Jachtbouw’s as well. These examples are a clear indication of the kind of potential north European industry possesses to expand their market strategies. In Italy though, the only recent examples are from Sanlorenzo which has acquired the Cantieri San Marco in La Spezia, Gruppo Palumbo that has successfully expanded its structure by acquiring Cantieri di Marsiglia and soon after ISA shipyard. In a nutshell there’s little else going on for the time being, except for the fact there’s plenty of talk as to how the international yachting market is picking up strongly and is more dynamic than the local one. The ensuing gap could be caused by the fact there is little interest in investing in Italy, for the level of bureaucracy, high costs, and last but not least for the lack of adequate infrastructures and or the considerable difficulties prospective investors have to face to secure and restore the structures that have been abandoned, dismissed or at least disused, again because of the red tape and of the bureaucracy involved. But these problems are not the only deterrent since the differences in the amounts earned from the sale of new yachts are considerably lower for the Italian shipyards when compared to north European competitors. What’s more the tough negotiations which take place prior to signing a contract often mean accepting to sell at even lower prices, while purchasing costs by comparison based on the same parameters meaning same size and same quality may differ even as much as several millions of euro: therefore an internal all Italian “dumping” policy not only lowers the value of the end product but also profit margins consequently get thinner which is detrimental to the industry but it also causes our shipyards to lose credibility and trust abroad and on the international market.
CDM - Acciaio 118’ page 12 ● Floating Life - K42 page 14 ● Baglietto - V-line page 16 ● Overmarine - Mangusta 44 Gransport page 18 ● Azimut Yachts - Grande 35M page 20 ● Benetti - Now Fast page 22 ● Monte Carlo Yachts - MCY 96 page 24 ● Customline - 120 page 26 ● Codecasa - 43 Serie Vintage page 28 ● Brenta - 80 SRD page 30 ● Briand - Egoist page 32 ● Reichel/pugh Yacht Design page 34 ● Canados 808 Maximus page 36 Editorial: What goes up must come down - page 5 Design: 50M Maxi Sail Sloop and Ketch - page 38 Will tomorrow’s superyacht be a swath? - page 72 Interior design - Spring/summer 2017 trends - page 92 Technical: From pool to waterfalls The challenge of water aboard - page 50 Shipyards: Ocean King - Explorer yachts go “green” - page 88 Companies: Plus Marine - Event in Sarnico - page 96 Beyond the boundaries of wellbeing by Videoworks - page 100 Marinas: Cala del Forte Ventimiglia New opportunities for luxury yachts - page 104 Captain’s Corner: Captain Andrea Segato - page 10 Meetings: Yare, hub of the sector’s global industry is back - page 110 Azimut Benetti Yachtmaster - A huge success - page 112 Singapore Yachts Show - page 114 Accessories: Navisystem - New aerials controlled with apps - page 118 Fashion & Style - page 120 Tender & Toys: Aston Martin AM 37 - page 132 Charterdart - Seabreacher S Maremoto - Water toys specialists Art: I live of art, freedom, and lots of laughter - page 136 News - page 140
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- Mario Sonnino Sorisio