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Massive price reduction on new build superyacht at Executive Marine

Alan Hagg at Executive Marine in Australia sends news of a €11 million price reduction on a 65m motor yacht currently under construction in Italy.

Cryptically Alan says that, due to a confidentiality agreement, he can't disclose the name of the yard at the moment but I think astute readers will make an educated guess from the accompanying picture. Being built to dual RINA/Lloyds class and MCA compliant, this superyacht is due for completion in summer 2011 and is now asking €44 million.

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