From the Editor...
Hein Velema - Fraser Yachts
Can you give a brief overview of the current brokerage market?
The American market is not recovering as quickly as we all hoped. Both brokerage and new construction are developing at a much slower rate in the US in comparison with Europe. According to the statistics the wealth of the American customers is not the bottleneck.
It is mainly a mind-set that holds back the sales of yachts. As a result of the slow American market the worldwide prices for yachts are staying low. Since Summer is getting closer and we should be at the peak of the sales season we don’t expect that prices will go up very soon.
It is mainly a mind-set that holds back the sales of yachts. As a result of the slow American market the worldwide prices for yachts are staying low. Since Summer is getting closer and we should be at the peak of the sales season we don’t expect that prices will go up very soon.
Are any market trends emerging?
There was always a price gap between Northern European and Italian shipyards but it seems that this gap is getting smaller.
The shipyards in Holland but also in Germany are getting more competitive on price. These shipyards have traditionally demonstrated more control over their production processes and are apparently better set up to streamline their organization and reduce their costs.
The shipyards in Holland but also in Germany are getting more competitive on price. These shipyards have traditionally demonstrated more control over their production processes and are apparently better set up to streamline their organization and reduce their costs.
