SALES
Three yacht sales were announced during a slow week for the brokerage market. The total asking price was in excess of £89.7 million ($119.6 million). The most expensive yacht was the 70 metre sailing yacht Sybaris which was sold by Perini Navi USA and Edmiston & Company.
PRICE REDUCTIONS
Eight price drops were announced on yachts for sale this week for a total reduction in excess of £2.6 million ($3.5 million).The biggest price drop was more than £655,000 ($749,000) on 36.9 metre Benetti Vaao.
NEW LISTINGS
Ten new yachts were listed for sale this week with a combined asking price in excess of £89.4 million ($119.2 million), with the price of one yacht withheld. The most expensive new listing was the 69 metre Benetti Spectre which is listed for sale with Thompson, Westwood & White.