The past week has seen a steady flow of superyacht sales, with 11 yachts over 24 metres changing hands. The combined asking price was in excess of £55 million ($74 million). It was a particularly successful week for Northrop & Johnson, who closed two sales, and it is also notable that two new-build yachts were sold this week.
Four price drops were announced on yachts for sale this week, for a total reduction of £1,280,000 ($1,680,000). Only one of these reductions was higher than £500,000 ($673,000).
Eight new yachts were listed for sale this week with a combined asking price in excess of £30million ($40million). IYC was the most active with two new listings, while 39.6 metre Bunker, listed with World Yacht Group, is the largest new yacht for sale.