News arrives from Mark Elliott at International Yacht Collection of a $1 million price drop on his central listing, the 42.1m motor yacht Penny Mae.
This superyacht was designed by Ward Setzer and built by Richmond Yachts in 2004 to ABS class and MCA compliant. Designer Sean Pavlik was responsible for her cool, uncluttered interior decor accommodating 12 guests in a master suite, three double staterooms and two twin cabins.
Twin 2250hp Caterpillar Engines give Penny Mae a cruising speed of 15 knots and a range of 2,000 nautical miles at 10 knots.
Refitted in 2012, Penny Mae is now asking $11.4 million.