Issue 55

ISSANA 55 metre Feadship for sale See page 12

THIRTEEN YACHT DEALS FOR SPRING 4x60m 3x50m 6x40m THE RIGHT MARKET, NEW YORK Robert Shepherd +1 212 792 5370 [email protected] RIGHT NOWEdmiston believes this spring presents PALM BEACH a strong buying opportunity where the balance of value is firmly in the purchasing side of Bill Sanderson +1 561 578 8888 the deal. 2007’s bull market is 2012’s bear market. [email protected] Nicholas Edmiston, chairman, comments “a more realistic approach to asking prices FEADSHIP BRIEFING combined with a more proactive acceptance of a sales price has resulted in deals that suit MEXICO CITY Antonio Yturbe Redo If building at Feadship is on your radar, Edmiston has an unparalleled history +52 5552809574 both buyers and sellers”. Movement has returned to the market. [email protected] of working with the shipyard. Having both sold the concept and managed the Edmiston places our clients’ yachts in the strongest possible position. Although construction, 78 metre Tango was launched at the end of last year. Currently we have the 78 metre Redman Whiteley Dixon-designed Hampshire I I nearing some owners feel they can capitalise on new construction market conditions of five years completion at Van Lent. At 99 metres, our third project is the largest yacht ever built at Feadship and this Andrew Winch design will be launched from Makuum ago, sales prices are starting to reflect reality – priced correctly, yachts will sell. in 2013. To receive an Edmiston/Feadship briefing contact your local office.

In this issue of Antennae we highlight thirteen opportunities. Some have price reductions others have owners willing to listen to offers. SALES Four large long range 60 metres displacement yachts with over 1000 tons of volume Three highly-rated mid size yachts spanning space, speed and budget 99metres, the largest Feadship SAO PAULO Three Dutch built 50 metre yachts from top shipyards – Feadship, Amels, Heesen Three performance yachts: classic, new J-Class and hi-tech sloop Julia Leal ever built. Sold and managed by Edmiston UPDATE +55 11 5092 5265 [email protected] The market for large yachts has definitely strengthened in the first quarter of this year. Edmiston research lists 70 yachts being sold in the six months period from August 2011 to 18sales of Feadship yachts February 2012 with an increase of nearly by Edmiston in the last decade 50 per cent in the 50-60 metre category. One particular point of interest is the year-on-year increase in new construction orders for discovery/adventure yacht: 24 in 2009, 32 in 2010 and 36 in 2011, yet another overall gain of nearly 50 per cent. 50per cent. The increase in sales of 50-60 metre yachts over the last six months EDMISTON IN THE AMERICAS Edmiston has a unique appeal to clients in the Americas. From New York to Palm Beach and from Mexico City to Sao Paulo, Edmiston is the global company with local offices. Different clients have different requirements from charter, brokerage, new construction and management. Edmiston has the resources and expertise to accomplish whatever is needed at a time that suits the client. CANDYSCAPE II metres. Total 470 To discuss exactly how we can be of service, call your local Edmiston office – the global 62 metres See page 7. length of yachts sold in January 2012 company that speaks your language.

1 LONG LENGTH BROKERAGE BIG VOLUME Edmiston has 4 world cruising yachts totalling 250 metres and 4,000 gross tonnes, for clients who think big.

TRIPLE SEVEN 68 metres and nearly 1,400 gross tonnes This imposing yacht was built to the highest standards at Nobiskrug in Germany. With a huge range of 10,000 miles, everything about her is designed for ultra long- range cruising in total comfort. Full-height bullet-proof windows bring safety and brilliant sunlight into the contemporary cubist styled main saloon and master suite. Outdoor space includes a sun deck gazebo, duplex beach club with an extended swimming platform and a large dining terrace on the upper deck. Heli-capable and TRIPLE SEVEN Nobiskrug, 2006 / 2007, 68m / 223ft, 12 guests, €49.75m, engineered for every eventuality, 777 had a €12 million refit to keep her in top condition. Russell Crump: +377 93 30 54 44, [email protected] or She is unquestionably one of the most impressive yachts currently for sale. Jamie Edmiston: +44 20 7495 5151, [email protected]

2 3 Built at Oceanco, LADY CHRISTINA Lady Christina benefits from the current owner’s years of experience with global cruising requirements. LADY LAU 65 metres – 1,300 gross tonnes The largest Codecasa yet built, Lady Lau has six decks and sleeps eighteen guests. An owner’s apartment occupies the forward upper deck and includes a huge bedroom, a VIP suite (there are two other VIPs on the main deck) and a private outdoor dining terrace. This yacht was specifically designed to provide shade either on deck but more Designed to be practical rather overtly by increasing the available interior space. The bridge deck has an interesting layout with a Jacuzzi and casual terrace leading indoors to a gymnasium and a cinema with worldwide entertainment systems. Decorated in classic style with gloss mahogany panelling, Lady Lau is still under warranty and has never been chartered. than conventional, much of Codecasa, 2010, 64.9m / 213ft, 18 guests, €44.9m, Russell Crump: +377 93 30 54 44, [email protected] the internal space has been arranged to make the most LADY LAU of every feature. For example, LADY CHRISTINA a dining area with windows 63 metres – 1,166 gross tonnes Oceanco, 2005 / 2006, 62.3m / 204ft, 12 guests, €39.5m opening along the entire length Alex Busher: +377 93 30 54 44, [email protected] of the saloon. Also available for charter from €399,000 per week The upper deck is dedicated to the owner’s suite with a lounge, private dining area and terrace. A gymnasium set within the transom opens onto the swimming platform – but for outside space, few yachts can improve on the split-level sun deck that extends to over 27 metres.

4 5 BROKERAGE

CANDYSCAPE II 62 metres – 1,056 gross tonnes Viareggio Superyachts, 2009, 61.8m / 203ft, 12 guests, €47.5m Chris Cecil-Wright: +377 93 30 54 44, [email protected] Also available for charter from €355,000 per week

If Candy & Candy’s brand of sophisticated contemporary design is your style, Candyscape I I takes the concept to the ultimate degree. The sun deck is like a chic resort – a fashionable bar and dining terrace with a huge sunbed that rotates to face the sun whatever the direction of the yacht. Full of design icons from artworks to exotic surfaces, the overall theme is 1930s glamour integrated with the very latest technology. With considerable volume the designers have been able to include features such as a gymnasium shared by the split-level master and VIP suites. Ultimately Candyscape’s appeal is clear-cut – you buy the style, you buy the yacht. And at 62 metres, there is a lot of it.

6 7 In the 50 metre category, Edmiston has three top yachts covering every possible requirement. Built in Holland at three of the world’s most renowned shipyards these yachts read like a who’s who of contributors.

AT 47 METRES, SIROCCO is the smallest of the three yachts but there are The layout is also interesting – the master suite occupies half of the upper strong compensating factors. With a semi-displacement hull she provides 499GT of deck and includes a bedroom and dining terrace. Forward on the main deck (where internal space, the largest permissible volume that does not require ISM certification you might have expected the master) is a media room. The sun deck has a glass- and the consequent increase in operational costs. Her optimised power to weight enclosed gymnasium between a dining terrace and Jacuzzi/sunbathing area. ratio delivers a top speed of 26 knots and with an efficient engine/hull combination If performance, a big master suite and very large deck space is the priority, she needs less power to achieve a given speed – less power means less fuel. Sirocco has much to admire. FIFTY METRES MOREORLESS

SIROCCO MALIBU ISSANA 47 metres 50 metres 55 metres

SIROCCO Heesen, 2006, 47m / 154ft, 12 guests, €24.95m, Chris Cecil-Wright: +377 93 30 54 44, [email protected]

8 9 BUILT AT AMELS with exterior styling by Terence Disdale and interiors by Raymond Langton, Malibu is one of the highly rated Tigre d’Or series. A full displacement yacht, Malibu’s huge windows and pale toned interior create a wonderfully bright, inspiring atmosphere. Interior design is in a smart, sophisticated contemporary style – metropolitan chic. Exotic animal hide fabrics, macassar furniture and stone coloured fabrics are used throughout. Apart from a very large open sun deck, Malibu has both main and upper deck saloons leading out to large dining terraces. The master suite is forward on the main deck and includes an additional single berth cabin suitable for children, staff or security. Two very large equal VIPs are on the lower deck. Malibu is a very attractive yacht with sleek curvaceous lines, distinctive oval windows and a timeless appeal.

MALIBU MALIBU

NAME BUILDERYEARLENGTHGUESTSGTPRICECOMMENTS SIROCCO Heesen 2006 47.00 12 495 €24.95M Aluminium semi-displacement hull, 26 knots top speed, unusual layout. MALIBU MALIBU Amels 2001 49.90 12 610 €21.5M Steel displacement, highly-rated Tigre d’Or series, chic interior styling. Amels, 2001 / 2006, 49.9m / 164ft, 12 guests, €21.5m ISSANA Feadship 2005 55.50 10 782 €44.95M Sleek, low profile lines, beach club interior style, World Superyacht award winner. Chris Cecil-Wright: +377 93 30 54 44, [email protected] Heesen or Amels, aluminium or steel, displacement or semi- displacement? Similar in length, dissimilar in practically everything else. Edmiston has all of the facts and figures.

SIROCCO SIROCCO

10 11 BROKERAGE On her launch in 2005 this yacht achieved something extraordinarily rare – a new design style at Feadship. Long lean lines create a low profile that flows from stem to stern.

Now renamed Issana, the World Superyacht award-winner was designed by Redman Whiteley Dixon. Nearly 800 GT of internal space is disguised by the sleek design concept. Accommodation for ten guests includes a main deck master suite, two twins and two doubles both on the lower deck. The large master bathroom is just one example of the commitment to quality, using cream marble framed in nickel – a notoriously difficult metal to use. What sets Issana apart and justifies her price is the quality of construction. This is Feadship at their very best. It looks simple but the degree of difficulty is extreme and the result is a yacht of flawless quality. This was the most technically complex yacht the shipyard had built with many systems pioneered (let alone custom built) for this yacht alone. An example is the polychromatic lighting throughout the interior. Designed as a world cruiser with an informal layout, Issana has an open plan galley so that guests can see and relate to the chef while food is prepared. The curvaceous sun deck is superbly laid out with considerable shaded dining space as well as the Jacuzzi sunbathing terraces that you would expect. Interior style is elegant, cool, calm and understated – as far from gloss and glitz as possible – with the accent on earth tones and muted ISSANA Feadship, 2005 / 2009, 55.5m / 182ft, 10 guests, €44.95m colours: linen and silk walls, mother of pearl and burr walnut panelling. Chris Cecil-Wright: +377 93 30 54 44, [email protected] Even by Feadship standards Issana is a special yacht easily able to cruise the world and bring the atmosphere of a beach villa to every port she visits.

12 13 BROKERAGE

IZUMI Of all the sports yachts on the market Izumi demonstrates why only two are from the PJ120 series. Her aluminium hull is finished in silver with black detailing and wraparound tinted windows. The minimalist interior features wenge floorboards and ebony panelling. Seven guests sleep in a master, two equal VIPs and one single cabin. With a top speed of 30 knots and a 900nm range, she has been used privately by one owner and has less than 900 hours on her engines. The PJ 120 has great deck space with the main saloon and dining area opening out to the huge cockpit. The flybridge can be sealed off for complete privacy and there is a foredeck tender garage. Competitively priced, Izumi is one of the best sports yachts on the market. Available for viewing in Nice, now is the ideal time to buy and enjoy her all summer. Palmer Johnson, 2008, 36.6m / 120ft, 7 guests, €9m, Jonathan Barbe: +377 93 30 54 44, [email protected]

RANGER Danish Yachts, 2003, 41.7m / 137ft, 8 guests, US$16m, MAC BREW is a custom built 40 metre Heesen with more features than any other similar yacht. A semi displacement aluminium hull, 24 knots top speed Bill Sanderson: +1 561 578 8888, [email protected] Also available for charter from €55,000 per week and engineering systems to almost commercial yacht standards. A remarkably flexible seven-cabin layout includes four doubles, two twins and a four berth single. Half of the upper deck is dedicated to the master suite with a private terrace. Aft of the main saloon is another attractive feature – a large conservatory with a dining area that benefits from views through 270 degree windows. Mac Brew is a remarkable yacht in superb condition. With her €3million price reduction she should be top of any shortlist for a yacht of this size and style. Heesen, 2002 / 2008, 39.4m / 129ft, 12 guests, €11.5m, Jonathan Barbe: +377 93 30 54 44, [email protected] Also available for charter from €115,000 per week

SNOWBIRD Built at Hakvoort in Holland and delivered in late 2010, Snowbird has the attributes and atmosphere of a much larger yacht. With a steel displacement hull, she has economic engines and superb seakeeping. An extremely high decorative specification includes teak, mahogany and suede panelling, leather, parchment, shagreen and shell detailing. On the main deck, the 23 square metre full beam master suite is open plan – an unusual design that also benefits from very large windows. Two queen sized cabins and two convertible twin cabins are on the lower deck. Snowbird’s interior style, build quality, specification and overall efficiency place her CANICA HETAIROS in a premium category, perfect for someone who wants the very finest 40 metre yacht with 50 metre attributes. Baltic Yachts, 2003, Abeking & Rasmussen, 1993, Hakvoort, 2010, 39m / 128ft, 10 guests, US$30m, Robert Shepherd: +1 212 792 5370, [email protected] Also available for charter from €140,000 per week 42.9m / 141ft, 8 guests, €11.75m 42.8m / 141ft, 10 guests, €9.9m, Alex Busher: +377 93 30 54 44, [email protected] Bill Sanderson: +1 561 578 8888, [email protected]

SNOWBIRD IZUMI COMPETITIVE YACHTS, COMPETITIVE PRICES St Barth’s Bucket, Rolex Super Cup, Antigua Classics, Palma Superyacht Cup – if you are driven to race and relax, Edmiston has three top 43 metre competition yachts.

RANGER The recreation of Harold Vanderbilt’s design that won the 1937 America’s Cup, the new Ranger regularly wins wherever she races. With a steel hull that enables considerably greater volume than any other J-Class, Ranger has been upgraded in just about every way possible within the new rules. New winches, boom, spreaders, rigging and sails complement an elegantly crafted interior that totally fullfills the brief of being able to cruise in comfort as well as race in style. Available for charter either as a guest within the racing team or as a cruising yacht, Ranger is the ultimate ‘J’ to own. SNOWBIRD MAC BREW

CANICA Canica has a very high specification driven by the owner’s desire to have an ultra competitive yacht maintained regardless of cost. Custom built at Baltic Yachts, she has achieved 20 knots downwind. Slick and responsive, the light carbon composite hull is augmented with titanium metalwork, a Southern Spas carbon rig and lifting keel. John Munford’s traditionally styled interior is both handsome and comfortable. Canica has the ideal balance of both racing and cruising capability.

HETAIROS Built from mahogany and teak to impeccable standards at Abeking & Rasmussen, Hetairos was designed by Bruce King with an Andrew Winch interior. She has sailed the world – Alaska, the Amazon, New Zealand, Tahiti – with grace, speed and utter reliability. Continuously upgraded, her construction was overseen by Jens Cornelsen and she has been a consistent race winner since launch. The elegantly tapered black mahogany hull is a real advantage – epoxy glued, it requires minimum maintenance. With a new yacht delivered the owner is a keen seller and open to offers.

14 15 THIS SUMMER IN

THE ELITE FLEET Monte Carlo Rolex Masters Tennis Monaco, 14th – 22nd April

America’s Cup IS LAUNCHED World Cup Series Venice, Italy Whatever you want to do this summer Edmiston will make it happen. A special The new Edmiston Charter Directory is launched and for 2012 everything has 12th–20th May birthday, wedding or summer party; for recuperation, health and fitness, visits to changed. Our on-line Directory is an industry first web app with over 150 yachts Monaco historic sites, exploration or just a wonderfully relaxed holiday with friends and family – available for review and comparison. Continuously updated the Directory is accessed Grand Prix the list is as long as the choice of yachts. Choosing a yacht for charter this summer via your private log-in enabling you to personalise and save your searches. Yachting Monaco 24th – 27th May is now easier than ever. is the ultimate experience and now, choosing a yacht is part of the fun. Cannes UTOPIA Film Festival Feadship, 2004 / 2007, 71.6m / 235ft To obtain your log-in, email [email protected] or telephone an Edmiston France 12 guests, from €435,000 per week 16th – 27th May charter advisor at your local office. Loro Piana Superyacht Club Porto Cervo, Italy 4th – 9th June

Voiles d’Antibes Antibes, France 6th June – 10th June

Westwood Cup Isle of Wight, UK 11th – 16th June

Superyacht Cup Palma, Mallorca 20th - 23rd June

J Class Regatta Falmouth, UK 26th – 30th June

Bastille Day firework festival Côte d’Azur, France 14th July

J Class Regatta Solent, UK 18th – 21st July

London Olympics Great Britain 27th July – 12th August

Venice Film Festival Italy 31st Aug – 10th Sept

Maxi Yacht Rolex Cup Costa Smerelda, Italy, 2nd – 8th Sept

Regates Royales Cannes, France 25th – 29th Sept

Voiles de St Tropez France MONDANGO 29th Sept – 7th Oct Alloy Yachts, 2009, 51.7m / 170ft, 10 guests, from €185,000 per week

16 17 1.1 © Copyright Edmiston and Company 2011. All rights reserved. No unauthorised reproduction is permitted. 1.2 All information contained in this publication is provided on an ‘as is’ basis, and Edmiston & Company makes no representations or warranties of any kind with respect to this publication or the accuracy, completeness or suitability for any purpose of the information published herein. Edmiston & Company gives no guarantee or warranty as to the condition of any vessel and/or its equipment and/or its possible operation or seaworthiness, and any prospective buyer should instruct his agents and/or surveyors to investigate such details as the buyer desires validated. All liability of Edmiston & Company howsoever arising for any such inaccuracies or errors is expressly excluded to the fullest extent permitted by law. www.edmiston.com [email protected] [email protected] From a brief conversation to a full presentation, to find out more about This includes management of a new construction project, charter management charter project, construction new a of management includes This While our expertise is steeped technical issues it is equally about lifestyle Edmiston contact Luc Khaldoun in our Monte Carlo office: +377 93 30 [email protected] 44, and marketing, introducing a member of the renowned Edmiston sales team or running efficient the with assist to captain your our with touch in putting specialists of the yacht. LUC KHALDOUN – COMMERCIAL DIRECTOR Luc Khaldoun has joined Edmiston as Commercial Directorall-importantlinkingclientservicesofrequirementsrole rangeofavailable the to and will fulfil the through our worldwide network of offices. choices – what the owner wants not just from their yacht but also from their life. We never forget why clients buy a yacht in the first place and make it a priorityto ensure that enjoyment is the number one return. +52 55 52 80 95 74 95 80 52 55 +52 +1 561 578 8888

+55 11 5092 5265 [email protected] +7 495 772 77 54 [email protected] PALM BEACH MEXICO CITY SAO PAULO MOSCOW [email protected] [email protected] [email protected] 5151 95 74 +33 493 34 68 98 +377 93 30 54 44 +1 212 792 5370 [email protected]

+44 20

With increasingly complex yacht technology, a detailed understanding of highly of understanding detailed a technology, yacht complex increasingly With Training and HR requirements Training design, shipyard selection, specifications, naval architecture, budget control, design, shipyard selection, specifications, naval architecture, budget control, technical analysis

NEW YORK ANTIBES MONTE CARLO LONDON - Financial reporting and operational asistance in co-ordination with the captain - requirements Shore-based assistance from concierge to DPA - Safety assessments, operational efficiency and cost-saving opportunities - Through life management from purchase to sale - ISM / ISPS certification, quality assurance - Charter management to optimise both income and convenience for the owner - Crew recruitment including captains, chefs, engineers and all other ranks - New construction management from concept to launch including commissioning management is available for our clients. EDMISTON HAS SO MUCH EXPERIENCE in all aspects of yachting:contemporary,classic, motor,we have worked sail, on every shape, size and style of yacht. sophisticated systems is a fundamental advantage that we provide. service capability and resources worldwide ensuring that the most effective and proactive a dynamic team works supportively with your captain and crew. Edmiston provides full be without. getTo the best out of such a valuable and charismatic asset it is essential that Yachtsmay be the world’s greatest luxury but efficient management is a luxury they cannot EDMISTON MANAGEMENT – THE ESSENTIAL AGENT