Megayachts Now Facing A Red Tag Sale
Just last month, the yachting industry was still talking about their oasis of prosperity. The super-rich still have plenty of money, they said. And th...
Yachts
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Buyers Boycott Saddam's "Ocean Breeze" Pleasure Boat
Reuters | Posted 11.04.2008 | Business
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The sale of a luxury yacht once owned by former dictator Saddam Hussein, moored until recently off France, has met with muted interest from would-be b...
Carl Icahn Selling Yacht To Buy Bigger Yacht (SLIDESHOW)
New York Post | Kaja Whitehouse | Posted 10.20.2008 | Business
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Business News
In choppy financial seas, even billionaires are unloading their prized but pricey toys. Despite making a mint on his ImClone holdings, hedge-fund bil...
Armed Pirates Storm Megayacht, Steal Over $200,000
Daily Mail | Posted 08.26.2008 | Business
A gang of four masked men boarded a £20million yacht in the Mediterranean and robbed guests and crew of more than £100,000. The modern-day pirates ...
Megayacht Business Shows Signs Of Weakness
Wall Street Journal | Robert Frank | Posted 05.23.2008 | Business
The boating business -- like many businesses these days -- is splitting in two. The lower end is suffering from the weak economy, while the Richistan ...
The $200M Luxury Yacht With Own Garden, Pool And Tennis Court
Daily Mail UK | Posted 03.22.2008 | Business
Life can have its little irritations when you're cruising around the world on your £100million superyacht. For example, the endless vista of clear b...
Yachts: Measuring Wealth By The Foot
New York Times | PATRICIA KRANZ | Posted 03.17.2008 | Home
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In a shipyard in Germany, Blohm & Voss workers are building a mammoth yacht called the Eclipse. Like many things in the secretive world of superyacht...
Yacht Sales Skyrocket Even As Economy Sinks
ABC News | SCOTT MAYEROWITZ | Posted 02.22.2008 | Business
Forget all the talk about mortgage foreclosures and a looming recession. Instead, close your eyes and imaging yourself on a boat sailing the Caribbean...
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Wall Street Journal | Robert Frank | Posted 11.18.2008 | Business