Word just in from Thorsten Giesbert at Fraser Yachts in Palma of a €250,000 reduction on the price of his central listing, the 26.12m motor yacht Praise the Lord.
Built by Tarrab in 2001, this superyacht sleeps nine guests in a master, VIP and two twin cabins and has a range of 400 nautical miles at her cruising speed of 14 knots. Thorsten says the owner understands the current market and will carefully consider reasonable offers. Lying In Ibiza, Praise the Lord is now asking €1.25 million.