Superyachts have always been the cosset-yourself-from-the-world choice for the world’s elite, even before the pandemic. And especially now.
“The market’s been roaring,” says Sam Tucker, head of superyacht research at VesselsValue in London. “Second-hand sales are red-hot, and it’s impossible to get a slot in a build yard.”
Charters are through the roof, too. “Our year-on-year business is up over 340% from 2020 up to now,” says Patrick Curley, co-founder of brokerage firm YachtLife Technologies.The company has been fielding so many requests, it’s started offering membership services that give priority to repeat renters.
GYG plc (LON:GYG) is a market leading superyacht painting, supply and maintenance company, offering services throughout the Mediterranean, Northern Europe and the USA. The group primarily trades under Pinmar, Pinmar Yacht Supply and Technocraft brands.