Bradford Marine’s Post

How to generate more leads in the yachting industry❓ Entering the yachting market can be intimidating and complex. Paul Thames is your go-to strategic partner throughout the process. 🤝 Let's define your go-to-market strategy together, view our business development services here: https://lnkd.in/ezYAhnV6

The yacht market remains as tense as it is divided: while "normal" sport boats are becoming increasingly difficult to sell—primarily due to prices that no longer seem justifiable for the quality and which this customer base does not understand—the market for large yachts, especially in the motor yacht segment, is booming. Therefore, all shipyards must carefully consider whether high prices followed by substantial discounts for quick buyers constitute a viable long-term strategy. I would advocate for transparency and a comprehensible pricing structure. Additionally, particularly in Germany but also in the Mediterranean region (notably in Croatia), significantly or excessively expensive mooring spaces are having a dampening effect on sales. Thus, it is entirely understandable that the first shipyards are beginning to purchase marinas (such as X Yachts or Rügen Yachtbau).

Good analysis in the latest issue of Yachting Monthly (March 2024) on the Chenal du Four, close my village.

Farouk Nefzi, Feadship sat with me on board MY W during the Palm Beach Int’l Boat Show to discuss his remarkable career as well as insights into the yachting industry. Find the full conversation here: @yachtinginternationalradio

Navigating Success: Marco Ramundo, CEO of Althaus Yachts, shares insights on the strategic significance of Monaco and our commitment to excellence. In the yachting realm, Port Hercules stands as the paramount hub within the prestigious Principality of Monaco, renowned as "The Capital of Advanced Yachting." Why does Monaco matter, you ask? According to Althaus Yachts, it's all about that strategic position! Monaco's stature in the yachting industry extends beyond aesthetics, serving as the locus for significant yacht-oriented events and ceremonies. “In fact, “Monaco is more than a backdrop; it's a cornerstone in the yachting world." Utilizing our vast and distinctive network of connections, we are committed to transforming your aspirations into reality and ensuring a smooth voyage in the realm of yachting. With our strategic position within the Principality and our 35 years of experience in the yachting world, we are committed to transforming your aspirations into reality and ensuring a smooth voyage in the realm of yachting. #SuperYachts #Yacht #YachtLifeStyle #Monaco #Capital #Advanced #Yachting #Brokerage #Charter #Management #International #Destination #Experience #Excellence #Althaus #AlthausYachts

Please join me on the 28th at 1600hrs Dutch time for the live presentation of our latest annual market report! Details in the article

🌊 Exciting News in the Yachting Industry! 🛥️ The Merchant Shipping Directorate introduces the Small Commercial Yacht Code (sCYC) to cater to the growing segment of commercial yachts < 24 meters, optimizing for their unique needs and technologies. Effective April 1st, 2024, the sCYC replaces the CYC, ensuring compliance through a smooth certification transition and accepting existing equipment with provisions for replacements. The sCYC outlines safety, pollution prevention, and crew welfare standards, applicable to commercial yachts between 12 and 24 meters, with navigation notations granted upon certification. The new code allows also for deviations, exemptions, and equivalencies on a case-by-case basis, ensuring periodic updates to reflect evolving regulations and industry feedback. Stay tuned for periodic updates reflecting industry feedback! #YachtingIndustry #SmallCommercialYachts #RegulatoryOptimization #SafetyStandards #PollutionPrevention #CrewWelfare #sCYC #MerchantShippingDirectorate

How do you ensure you build strong and lasting relationships with your clients in the Yachting Industry? What do you do that is above and beyond, that keeps them coming back for more? Is face-to-face still the most important piece in building relationships with captains, clients and advisors? #yachting #privateclients #uhnwi

Navigate with HMY at FLIBS23 #FLIBS23

🛥️ I had a fantastic chat with my friend Giuseppe Russo at the Palm Beach International Boat Show, diving into the world of luxury yachts! For many potential buyers, assessing financials and credit is key before taking the plunge. And did you know? You don't always have to register the yacht under your name, a common practice among ultra-luxury clients. If you're eyeing high-value assets like yachts, reach out to me and follow Giuseppe Russo for expert insights! #investment #profit #privatelender #privatelenders #smartfinance #financialfreedom #financialliteracy #financialindependence #financial #highvalueassets #kengriffin #citadel #financialcapital #newyorkcity #luxuryyachts #palmbeachinternationalboatshow #financialadvice