SALES
Six yacht sales were announced during a steady week for the brokerage market. The total asking price was in excess of £24 million ($33 million). The most expensive yacht sold was the 47.5 metre Bilgin motoryacht _Nerissa (_now named Starburst III), which had an asking price of €19,600,000 million.
PRICE REDUCTIONS
Seven price drops were announced on yachts for sale this week for a total reduction in excess of £6million ($8.1 million). Three of these price drops were over £1 million.
NEW LISTINGS
Six new yachts were listed for sale this week with a combined asking price in excess of £44.7 million ($59.6 million). The most expensive new listing was the 46 metre Cheoy Lee yacht Qing_,_ which has an asking price of £14 million.