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Broker Rev I
Broker Rev I
Broker Rev I
GLOBAL ANALYSIS superyacht projects to focus its strategy on commercial and naval contracts.
BUSINESS REVIEW
For the first time since the global recession the number of new build
projects is higher than that of the previous year. This year sees 736 new Reports show that after a turbulent few years the yachting industry is finally
yachts under construction or on order which is a 6.2% increase on previous on the road to recovery. We sold a total of 193 superyachts in 2021 which is
years. The table below shows the top 10 luxury yacht building countries by 36 more than 2020, and the highest figure for five years.
the total length of yachts on their order books:
Our company had a strong first quarter and spring has seen a promising
New Yacht Orders rush of activity in the superyacht sales market. In six weeks we sold five
Length in yachts with a total asking price of over €40 million. The yachts were
metres Number of Yachts purchased by buyers from the US, UK and Germany; markets that had
Italy 10686 274 proved quieter during the downturn. There was also a surge in charter
bookings which is up by 15% compared to last year. This is largely due to
Netherlands 3120 65 the continued strength of chartering in Europe and an increasingly buoyant
Turkey 3120 70 market in the Americas where we have several yachts to charter. Growing
United States of America 2435 63 markets for charter bookings include non-traditional markets such as
United Kingdom 2081 71 Mexico, Brazil and South East Asia. There are good signs that the
Taiwan 1724 56 economic upturn is starting to take hold.
Germany 1457 16 This year we have had successful representation at several boat shows
China 900 26 including the Miami Yacht & Brokerage Show, the Dubai International
United Arab Emirates 851 18 Boat Show, the Palm Beach International Boat Show and the Palma
Superyacht Show.
Greece 412 5
Italy still leads the way in terms of the number of projects and total length. SALES
The UK market has grown significantly in the last two years and is set to
Selling large luxury yachts demands professional expertise and extensive
overtake the US with eight more new builds this year than the US. Greece
market knowledge. We are the world leader in new and used yacht sales,
takes the tenth place this year, pushing France out of the list. This may be as
specialising in the sale and purchase of luxury yachts over 24 metres. Our
a result of one large French builder temporarily stopping current and future
CHARTERS
A Tawara Yacht charter is the
ultimate holiday experience and the
perfect way to explore some of the
most beautiful and remote parts of
the world. It is hardly surprising
that our chartering business goes
from strength to strength. A fleet of
over 90 yachts are managed by our
expert brokers. In the past year
there has been increased charter
business across the range but the
bigger new build yachts have outperformed the smaller under 40 metre
yachts, which are still struggling for meaningful charter business. There is
so much competition in this section of the market that flexibility,
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