The superyacht market in November showed a little fewer sales than in the previous month, in spite of numerous price reductions noted in our previous market report. This is clear evidence of a depleted inventory of high quality yachts on the market. 

Sales in November were slightly below the levels seen in October (42 vs 50+) with the majority of transactions taking place in the 30-40m segment. However, a number of high profile large yachts found new owners during the last month of the fall. 

The flagship deal was the sale of 92.4m Nobiskrug Tatoosh, asking EUR 90,000,000, having spent almost two years on the market. Without exaggeration, this yacht may be called a milestone in superyachting. At the time of her launch 14 years ago only 11 other private yachts exceeded her length. She was one of the first yachts built with an explorer mindset, able to cover 6,800nm on a single tank, and carrying a 13m sailboat as one of her tenders. A working fireplace and a galley in the owner’s suite are just a few features that made her extraordinary at the time of launch. 

With this sale the market saw a doubling of 80m+ transactions with six 80m+ deals this year vs three in 2021. Right now, 13 motor superyachts are listed in the 80m+ brokerage segment, topped by the recently added 115m Pelorus.

Another significant sale was 57.5m Twizzle, asking EUR 39,900,000 and being on the market for 144 days. Built by the award-winning Royal Huisman shipyard and equipped with one of the most advanced sailing rig systems ever created, Twizzle offers impressive performance. She carries 1,780sqm of sails and both main and mizzen sails can be hoisted simultaneously in under two minutes.

Rounding out the top three, the Oceanco 59m Helios, asking EUR 37,000,000, also found a new owner after 4 months on the market.

Pick of the market
New listings under 40m:

November’s new listings almost equaled the number of sold yachts (44). This number is far behind the number seen in October (78). The majority of new listings are 30-40m yachts built 10+ years ago. 

The most expensive new listings of November are the Lurssen Pelorus, 115m, 2003, (price on application),  Unbridled (Trinity), 58.2m, 2009, asking USD 24,950,000, and Atlas(Codecasa) asking EUR 20,800,000. 

The number of price reductions and their amounts were also lower this month, with 4,200,000 USD off the asking price of Illusion Plus being the biggest move. The yacht now asks EUR 79,900,000. The 91m Dubawi reduced its price by USD 4,000,000 and is now offered for USD 28,000,000. Another major shift was for 55m Kamalaya, which went from EUR 34,500,000 to EUR 31,500,000. 

Pick of the market
New listings 40m+:

Summing up, the inventory of appealing yachts on the market continues to decrease. We expect this trend to put pressure on sales volumes for the rest of the year, even though many owners will be trying to secure deals before winter holidays and we may see further price reductions for some long-selling yachts. Based on the sales figures so far and the existing inventory it’s unlikely that the fourth quarter sales will reach last year’s level. However, we wouldn’t consider this to be the end of the superyacht sales boom (particularly in the 60m+ range) – the demand is strong enough and as soon as the inventory refills with new deliveries market activity will pick up.

Sponsored by YT Partners


T. +44 7442 526545 

Latest News

Dates for boot Düsseldorf 2024 Announced
boot will be at its Düsseldorf home port from 20 to 28 January 2024. The organizers shared the number from with year’s show – nearly 237,000 visitors from over 100 countries and more than 1,500 exhibitors from 68 nations on 220,000 sq. m in 16 exhibition halls, have been registering at the exhibition, which was held from 21 to 29 January.“Despite the difficult general conditions, boot 2023 has written a success story. We would not have dreamt of this outcome. boot has finally reached calm waters and is once again firmly anchored in its Düsseldorf home port. The successful comeback has demonstrated that trade fairs ‘made in Düsseldorf’ have an international appeal,” reports Wolfram Diener, President and CEO of Messe Düsseldorf. Visitors from all over Germany, especially experts from the Netherlands, Belgium, Switzerland, Italy, France, UK, Turkey and Spain used the trade fair to find out about the latest innovations in the sector. Numerous manufacturers and prospective buyers from the USA, South America and Asia made the trip to Düsseldorf again and enriched the industry get-together with innovative products, inspirations and in-depth knowledge transfer.Also attracting a lot of attention was the new sustainability forum ‘blue innovation dock’ at boot 2023. Here industry, policy-makers and international associations met for high-level dialogue and exchange. Philip Easthill, Secretary General of the Association of the European Boating Industry from Brussels, comments: “The industry has already made great strides in the development of sustainable materials, propulsion systems and marinas and we will be able to support them intensively in the future with the blue innovation dock”.Credits: boot Düsseldorf
75m Support Vessel Abeona Delivered by Damen Yachting
Damen Yachting has delivered the support vessel YS 7512, now known as Abeona after a Roman goddess of outward journeys and safe returns. The order for the vessel, supposedly from Jeff Bezos, but the information wasn’t confirmed, was received in 2019. The model features customized in-house design based on the YS 75 model in the Damen Yacht Support range. The project on behalf of the client was supervised by Wright Maritime Group. In January Abeona arrived in Gibraltar after successful sea trials in December. The 75-meter vessel has a beam of 12 meters and a volume of approximately 1,900 GT. She features a helicopter hangar with a D14 value, has state-of-the-art environmental equipment and capacity for containerised emergency relief support equipment together with a wide range of specialized marine gear and tenders. The vessel will be able to accommodate up to 45 people including crew, specialist staff and guests.She has a top speed of 18 knots and a range of 5,000 miles at 15 knots. Damen Yachting, a division within the Damen Shipyards Group, was created in 2019. The division combines the pedigree and heritage of Amels yachts with a growing portfolio of SeaXplorer yachts and Yacht Support vessels.Credits: Damen Yachting
Swan Shadow on Display at Miami International Boat Show
Swan Shadow (Hull #114) will be showcased at the Miami International Boat Show, which will be held from February 15th to 19th.Swan Shadow is a multipurpose motor yacht concept able to reach a performance of up to 55 knots top speed. The design of Shadow incorporates features that customers might generally expect to see in larger full-custom or semi-custom yachts, features that are not too common in 40-foot powerboats. One of these features is a movable aft platform, transforming a visually simple design from a fixed platform to a swim platform or a passerelle. Another design feature is the addition of optional telescopic roof pillars and moving glass panels to create a convertible cabin. This allows the boat to be used either fully open or closed for privacy and comfort during bad weather. Swan Shadow has been conceived to easily accommodate an overnight or weekend trip to the archipelago.At the show, there will be the opportunity to experience a virtual reality tour of the new motor yacht, "Swan OverShadow," which is based on the high-performing hull of the Swan Shadow. The yacht features an inboard engine and two different layout configurations above and below deck.Nautor’s Swan was founded in 1966 in Pietarsaari, Finland. The builder entered the superyacht market in 1999. Since then, the yard has continued building high-performance sailing yachts in three different lines; ClubSwan, Swan Yachts and Maxi Swan Yachts. Credits: Nautor’s Swan; Unsplash
42m Feadship Synthesis 66 Joins the Market
The 41.8m classic Feadship Synthesis 66 is now available for sale with Northrop & Johnson Yacht Broker Ed Dickinson. After a recent extensive refit from 2020 through to Spring 2023 at Monaco Marine, Synthesis 66 saw a full rebuild of her bridge deck aft, a full repaint, all new teak decking, an overhaul of all her mechanical systems. Her interior was also rebuilt under the supervision of Boutsen, Monaco. The redesign retained many of her original elements, including her beautiful woodwork. Her interiors are elegant, timeless and classic throughout, with light neutrals and clever pops of color. She can comfortably accommodate up to 10 guests across five cabins, with a further five cabins for a total of nine crew. The superyacht has ocean cruising capabilities with a range of 3,500 nautical miles thanks to her two Caterpillar engines.With a very successful charter history, Synthesis 66 is asking for EUR23,000,000.Feadship was formed as a group in 1949 as a marketing partnership between six Dutch shipyards, de Vries Lentch, Van de Stadt, Witsen & Vis, Akerboom, De Vries Scheepsbouw and Van Lent Shipyard, and De Voogt Naval Architects. Feadship is well-known as one of the Netherlands’ most elite yacht builders and delivers superyachts from 50–100+ meters in length.Credits: Northrop & Johnson
Sunreef 80 Eco and 60 Sunreef Power to Participate in Dubai Yacht Show
At the Dubai International Yacht Show, Sunreef Yachts will present the all-electric Sunreef 80 Eco, as well as one of the best-selling 60 Sunreef Power catamaran models. They will be on display throughout the event, from March 1st to 5th at Dubai Harbor Marina.Sunreef 80 EcoThe Sunreef 80 Eco has distinguishing features including a revolutionary solar panel system integrated into the composite, with photocells built into the hull, superstructure, bimini and catamaran mast. This award-winning electric superyacht is also capable of generating clean energy while under sail thanks to a state-of-the-art hydro-generation system.60 Sunreef PowerThe 60 Sunreef Power is a versatile and modern motor yacht offering exceptional comfort, seaworthiness and complete freedom of customization. Boasting vast living spaces, including a superyacht flybridge and large main saloon with panoramic windows, this unrivaled vessel is the epitome of power catamaran excellence.Sunreef Yachts was founded by Francis Lapp in 2002 in Gdansk, Poland. Since then, the shipyard has been designing and manufacturing luxury sailing and power multihulls. Credits: Sunreef Yachts