12-Feb-10
A call to Richard Orme at Large Yacht Solutions brings confirmation of the sale of his joint listing, Codecasa’s 49.9m motor yacht Mariu just this afternoon, working with Robert Dubsky at Masters representing both vendor and buyer.
An iconic yacht, Mariu was built in 2003 for Giorgio Armani who also designed her interior. She accommodates 12 guests ... Read more
04-Feb-10
Patrick Coote at Fraser Yachts tells me that Stuart Larsen has just signed the 34.7m motor yacht Embark for sale.
Embark was built by Codecasa in 1995 and refitted in 2008. This superyacht is a family boat, used exclusively by her present owner since her delivery. She has a low superstructure, allowing her to be very ... Read more
26-Jan-10
On 23 April 2009 I reported the sale of the 34.5m motor yacht Paola by Michael White and Peter Thompson at Ocean Independence and now Mike tells me she’s back on the market under the new name of My Max through him and Peter.
Delivered by Codecasa in 2000, My Max has emerged from a six month ... Read more
07-Oct-09
September saw a number of 2009 brokerage sales records broken, with 24 superyachts reported sold at asking prices totalling nearly €374 million. This was well above the combined total of July and August of €340 million and, indeed, the first four months of the year when, between January and the end of April, yachts at ... Read more
10-Sep-09
Lady Ann Magee II, the 65m Codecasa superyacht due for launch in August 2010 has been sold. Although she was a joint central agency with Edmiston, Yachting Partners International and Camper & Nicholsons International asking €47 million, I’m told that she was sold in a direct deal.
This has had repercussions on the seller’s current yacht, the 50m Codecasa Lady ... Read more
25-Jun-09
On December 16th 2008 I noted in this column that Codecasa’s 49.9m Lady Ann Magee was for sale in a tripartite central agency between Edmiston, Camper & Nicholsons and Yachting Partners International. Now comes news that the owner’s latest boat, currently in build at Codecasa, the 65m Lady Ann Magee II is also for sale ... Read more
11-Jun-09
Regular readers of this column will recall that in March 2009 Fraser Yachts moved into the former Palma offices of Merrill-Stevens. The Merrill-Stevens’ band of experienced brokers, headed by Jurgen Koch, also came under the Fraser Yachts umbrella and now the fleet of yachts represented by these brokers joins the Fraser group. 12 of the ... Read more
18-May-09
Following last month’s news of 15 reported brokerage sales, April’s figures bring even better news with 21 sales recorded and we have to bear in mind that there are always sales that slip under the radar because of client confidentiality. Hein Velema, CEO of Fraser Yachts, is unequivocal, saying that, “I see the market has ... Read more
23-Apr-09
I call Michael White in the UK office to congratulate him on his and Peter Thompson’s most recent sale, Codecasa’s 34.5m Paola and his only comment is that it should help pay his bills for advertising in Boat International. Actually, he made several other comments, all unrepeatable on a family website. Built in 2000 as ... Read more
27-Mar-09
I called Richard Orme of Large Yacht Solutions to find out what’s happening with his central agency for sale, Codecasa’s 49.9m Mariu, to discover that she’s just had a price reduction from €23.8 million to €19.95 million. An iconic yacht, Mariu was built in 2003 for Giorgio Armani who also designed her interior. She accommodates ... Read more
