Boats

Lifting keels and the loss of "Bayesian"

Imagine, for a moment, that you are aboard a 56 metre luxury yacht anchored off Sicily. It is before dawn, there's some wind but the crew aren't worried, and you're coming up to take a look around. Suddenly, the yacht is knocked about as all the windows explode around you. Confused, startled, and scared, you run for a muster station, managing to get aboard a life raft moments before the yacht disappears beneath the waves. The whole event took longer to write up than it took to happen.

Big Boat, Big Depreciation

I recently came across a 60-foot motor yacht that, after two years with its first owner, was now listed at a brokerage. The broker mentioned that its asking price of \$2.8m CAD was quite a deal, being a $1.5m savings versus the boat's original cost, while having only 200 hours on its twin Volvo IPS powertrains and being virtually pristine inside and out.

Pages

Subscribe to RSS - Boats