2016 MARKET INTELLIGENCE REVIEW

Navigator News > Brokerage + New Build

Path 28
The new construction sector in 2016 Saw more than 130 superyacht deliveries worldwide.

The following is an excerpt of information from Northrop & Johnson's 2016 Market Intelligence Review.

“The new construction sector in 2016 saw more than 130 superyacht deliveries worldwide,” says Northrop & Johnson Sales Broker & New Construction Expert Joe Foggia. “This, of course, allowed shipyards the flexibility to compete for new business that they couldn’t have considered twelve months ago.”

In the charter sector, Northrop & Johnson Charter Director Fiona Maureso had this to say about 2016, “The global geopolitical situation resulted in a hesitant start, but ultimately the 2016 charter market proved to be as successful, if not more so, than the previous year. The Mediterranean in general saw a 10 percent increase in the number of yachts offered for charter in the area, while mainland Spain and the Balearics enjoyed a 20 percent increase in popularity. The Caribbean remains the most visited winter destination, but it proved to be a buyer’s market everywhere this winter with excellent opportunities for repeat and first-time charterers alike.”

Please click on the link below to read or download the full Market Intelligence Review.

Up Next in Brokerage

Back to Navigator News
ISLANDER Now for Sale
Path 28
NEXT CHAPTER Sold
Path 28
ROCK.IT Now for Sale
Path 28
PRIVATE RESERVE Now for Sale
Path 28