Superyachts continue to grow because of the rising demand for privacy and leisure activities
A
superyacht is a professionally crewed, commercially operated luxury yacht
(motor or sail powered) with a loading length of 24 meters or more. Many yachts
now exceed 3000GT, necessitating full merchant navy certification for all deck
and engineering officers.
A yacht
that is longer than 24 meters, with the smallest mega yachts measuring around
60 meters. Not all yachts are mega yachts. Megayachts will typically have
larger crews to maintain the yacht as well as provide outstanding service.
In the
summer, superyacht
frequent the Mediterranean Sea, while in the winter, they frequent the
Caribbean Sea. Cannes, Antibes, and St Tropez are popular destinations in Spain
and the French, Italian, and Portuguese Rivieras.
Is
it possible for a superyacht to cross the Atlantic?
Superyachts can certainly cross the Atlantic,
and some can do so with relative ease. There are routes connecting the United
States and Europe that span just over 3,000 miles, a distance that some yachts
can cover in no time. They're also large enough to withstand any Atlantic
storms.
What
is the top speed of superyachts?
Mega-yachts and ocean sport boats are the
fastest (at over 30 MPH), cruisers and deck boats are second (at an average
speed of 23 MPH), and pontoon boats are third (at an average speed of 23 MPH).
The
presence of well-diversified and well-established boat builders in North America
and Europe is characteristic of the luxury superyacht market. Custom and
semi-custom boat builders plan to expand their regional footprint and product
portfolio, particularly in terms of product quality, services, technology, and
price. During the forecast period, the competition among leading superyacht
builders, such as Beretta Yachts and Royal Huisman, is expected to heat up. In
order to maintain their dominance in this highly competitive market, boat
manufacturers are focusing heavily on developing new technologies and upgrading
their product portfolio.
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