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Megayacht sales improving in South Florida

Megayacht sales improving in South Florida

Posted on 07 June 2013


Sales of megayachts are turning a corner in the improving economy, according to some South Florida-based yacht sellers and builders.

There has been a notable upswing in interest this year for new custom-built yachts of 80 feet or more and less price slashing on used boats of this caliber, industry specialists tell the (Fort Lauderdale) Sun-Sentinel.

“We’ve reached the bottom of the [megayacht] market,” Mark Elliott, yacht consultant and charter agent at International Yacht Collection in Fort Lauderdale, told the paper.

In recent years it’s been a buyer’s market because of the recession and a pullback in luxury spending, Elliott said. “Right now we’re seeing yacht sales starting to increase and our inventory shrinking.”

At IYC, sales of yachts 60 to 100 feet have been “very strong” and the firm is starting to see some life with yachts priced at $15 million or more, Elliott added.

At Horizon Yacht USA in North Palm Beach, Fla., sales activity for the year to date has been “steadily busy,” compared with the same period in 2012, said Elise Moffitt, a sales and marketing agent.

“The signs are encouraging,” said Moffitt, who is seeing keen interest for custom-built yachts of 80 to 100 feet. “The boat shows have been packed, and our boat show traffic is up.”

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Similar news: : Jim Monson joins Nyco as retail sales manager for Zing …

April 8, 2013
Filed under News

April 6, 2013 – Countryside, IL – Nyco Product Company has announced the addition of Jim Monson to their national sales team as Retail Accounts Manager for the Zing® Boat Cleaners brand, featuring Zing® Original Formula Boat Hull Cleaners and Zing® Formula IV Aluminum Pontoon/Boat Cleaners. The Zing® brand was acquired by Nyco in March of 2012 but it had been solely manufactured and packaged by Nyco for more than a decade.

Jim Monson brings 20 plus years of experience in the specialty chemical cleaning and MRO markets. “I’m excited to be working with Nyco and am looking forward to managing the growth of the Zing® line. Nyco is a quality company through and through, and I appreciate their excellence in service for all customers,” indicated Mr. Monson.

Zing® is well-known in the marine industry as one of the most effective boat hull and pontoon cleaning products, designed to safely remove grease, grime, lime deposits, algae stains and even challenging zebra mussels from the undersides of boats. A dramatic before and after demonstration of Zing’s® cleaning power can be seen in a cooperative video, filmed at Basa’s Marine in Bolingbrook, Illinois:

Based on feedback and a clearly identified market need, Nyco will also begin selling a Zing® branded acid-resistant sprayer in Spring, 2013.

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Maldon Chronicle published 'It's a family thing'. Sailing sisters are making waves

SAILING sisters from St Lawrence Bay are heading to Belgium next month after being selected to compete in the Cadet World Championships.

Lucy Terkelsen, 15, and her younger sister Cally, nine, have been given the call after impressing in trials held over the past two months.

  1. lucyterkelsen

    Lucy Terkelsen has been selected for the Cadet World Championships

The final qualifier was held in Burnham-on-Crouch last weekend, having also been to Rutland and Poole in their bid for selection – and the pair finished 30 points ahead of their nearest rivals.

Their mum Gilly said: “They’ve worked very hard. All those months of training have paid off, so it’s very pleasing.

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“Lucy’s been sailing since she was about nine. She started off with her other sister Laney and then swapped over to her little sister this year.

“They’ve done very well.”

The girls come from a sailing family – their grandfather was one of the founding members of the Stone Sailing Club which the girls represent, while their dad Karl took part in the Cadet World Championships in Australia back in the 1970s.

And Mrs Terkelsen added: “It is a family thing and we’re all tremendously proud.

“Sailing is often seen as an elitist sport but anyone can get sailing very, very easily.

“We’ve just had an open week at the Stone Sailing Club and had around 40 or 50 children on the water there, a lot of them for the first time.

“There are boats that anybody can pick up quite cheaply and get on the water.

“It does get quite expensive when you’re travelling around the country at this time of year, but that’s where our commitment goes.” “

Lucy attends Ormiston Rivers Academy and Cally is a pupil at St Cedds Primary School in Bradwell-on-Sea.

And their mum revealed that Lucy in particular is hoping to make sailing more than just an extra curricular activity in the future.

“Sailing is Lucy’s absolute passion,” she added. “She lives and breathes it and obviously she’d like to go a long way – she’d like to be an Olympian and get a gold medal.

The World Championships take place in Nieupoort, West Flanders in Belgium from July 25 to August 3.

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