When to go yachting over the year?

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The Mediterranean season normally kicks off in April/May, with some yachts crewing up earlier than that. The boats will typically start to head over to the Caribbean from September onwards, many attending the Ft. Lauderdale boat show at the end of October, or the Antigua and show in December.
The seasons are approximately four to five months long. The remaining months are typically used for yard periods and crewing up if need be.
It is difficult to say when exactly seasons start and finish, as each year is different. Hiring periods are generally quite broad, as there are some yachts who crew up early before the season gets going while others take on delivery crew for crossings and then crew up last minute on the other side.

Examining a Fractional Ownership

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Once upon time fractional ownership was called timeshare and it was something that people were conned into and regretted, but in recent years timeshare has been vamped up and received celebrity endorsement and is now referred to as fractional ownership.  However, is fractional ownership a good way to buy a property abroad or not?

Whether you’re for or against the concept of part owning a home overseas thanks to fractional ownership, we’re going to examine the pros and cons of this way of buying for you so that you can be armed with facts before you buy in or pooh pooh this concept altogether!

Tim Henman is the latest celebrity ‘face’ to be wheeled out and used to tout the benefits of fractional ownership because apparently he has bought into a development in France – but despite what the media (and property developers) think, we’re not all daft enough to be swayed by the power of celebrity.  So, to get past some of the hype and fluff, read on to learn what is good and what is not so good about part owning a home overseas.

We all know that the British passion is property – we are all obsessed with owning it, we all want to improve it and we just constantly harp on about the price of it – and it’s not just property at home in the UK that interests us any more, it’s property abroad as well.  But thanks to the devaluation of the pound and the crash in the British economy, few of us can afford to buy our dream home overseas anymore!  But, according to the likes of Zoe Dare-Hall who writes for the Telegraph’s property abroad pages, the solution comes in the form of fractional ownership…whereby instead of buying a whole home overseas you buy a share of one and can therefore use it for a set number of days or weeks a year.  Sounds very similar to timeshare doesn’t it?  Well, that’s because it is despite what everyone trying to flog the idea to you will tell you!  Anyway, moving on, here are the pros and cons of fractional ownership.

The Advantages of Owning a Part Share in a Property Abroad

You can afford to buy into a more luxurious property than you could afford to buy by yourself outright, therefore you may gain access to superior amenities and facilities as a result – and you buy yourself the right to a luxury holiday for a set term every single year.

Your share is saleable or transferable if you decide you no longer want it.  You have no management or maintenance worries with the property as it’s all taken care of by a management company – for a fee.  Apparently a purchase made in a luxurious fractional ownership development is an investment that can theoretically increase in value – however we’re not sure anyone can prove this…and finally, you can guarantee your holiday every year in a stunning location for a one off down payment on what some say is a lifestyle investment.

The Disadvantages of Fractional Ownership of Property Abroad

You have no real control over the property, you cannot change it, redecorate it, alter the furnishings and finishings…but there are those who will tell you that every fractional ownership property abroad is a luxurious one, so you might not need to make any changes.  However, personally I hate being told I can’t do something, and if you’re like me, fractional ownership’s restrictions on your own personal input into ‘your’ home may annoy you.

You are sharing your property with lots of usually unknown people, therefore there is a risk involved in that others may not be so careful with the property as you are, and this could be passed on to you in the form of higher annual management and maintenance charges.

Ultimately you don’t own the property – therefore you cannot benefit in the same way that you could if you bought your own home overseas, invested in it, improved it and then resold it for profit.  You are more restricted in terms of getting out of the deal often, this is because it is generally harder to sell a fraction than a whole.  And the bottom line is, aren’t you just buying a posher version of a timeshare?

The Global Yacht Charter Market

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azimut-80 profile
The global yacht charter market was valued at US$ 35.0 Bn in 2014 and is expected to reach US$ 51.0 Bn by 2020, reflecting a CAGR of 6.5% during forecast period.

Eastern Europe is expected to exhibit the fastest growth as compared to other regions with CAGR of 7.2%. This growth is supported by rising disposable income of consumers and increasing number of yacht charter destinations. Other factors that are fueling the growth of yacht charter market are product innovation and technological advancement.

On the basis of product type, the global yacht market is segmented into motor and sailing yacht. The motor yacht is further sub-segmented on the basis of hull configuration into displacement, semi-displacement, catamaran, planing, and trimaran. Among the above mentioned sub segments, semi-displacement is expected to show fastest growth among all the yacht charter market segments at a CAGR of around 7.0% over the forecasted period. Trimaran sub-segment is expected to show below average growth rate in comparison to other sub-segments owing to the preference of consumers for other yacht types.

On the basis of rig configuration, the motor yacht segments is further sub-segmented into sloop, schooner, catamaran, and ketch. Sloop is expected to be the largest sub-segment in 2014 with market share of 43.3% followed by schooner with market share of 38%. Total global contribution of yacht charter is 6.7% by 2020.

Geographically, the market is sub-segmented into four regions namely North America, Latin America, Rest of Europe, Eastern Europe, Middle East and Africa, Asia Pacific. Eastern Europe is expected to show maximum growth with CAGR of 7.2%. Among all these regions, Rest of Europe is the largest market in terms of revenue followed by Eastern Europe that contributed US$ 9.04 Bn in 2014. The growth of yacht charter market is supported by the increasing high tier population and rising time for leisure activities among consumers.

The Best Fractional Yacht Ownership Concept

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Azimut Saveene

Saveene Group is in a pre-launch mode. We are taking fractional yacht ownership orders for the 2016 season. Our prices are the lowest in the industry for fractional yacht ownership bar none!

For 2016 season we are offering fractional ownership of our 80 foot Azimut pictured above. The yacht sails from Fort Lauderdale Florida. Starting in 2017 plans are to add a second vessel to cruise from Santa Barbara California.

Come visit us in our Boca Raton Florida location. We will discuss the various affordable options available for your very own fractional boat experience.

How to Buy a Boat

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So you’ve decided to buy your first boat. Congratulations! Because 2/3 of the earth’s surface is covered by water, your new boat will let you visit a lot more of the planet, much more than you can visit by car.

Unlike cars, however, recreational boats are not about simple transportation. Some people buy boats because they’ve made the decision to get away with family and friends and go to places where landlubbers can’t go. Lakes, bays, rivers, sounds, harbors, islands, and even oceans are suddenly available for your exploration when you own a boat.

Other people buy for the camaraderie– they want to join cruising clubs, yacht clubs, or fishing tournaments. Still others like to try their hands at recreational racing and high-performance boating. Whatever your reason for buying a boat, you are making a lifestyle choice, and this guide will help you get the most out of the experience while avoiding some pitfalls in the process.

Step 1 – What’s Your Type?

Your first step is to determine the type of boat that will suit your needs, and that is based on how you plan to use the boat. There are three main boating activities: cruising, fishing, and watersports. While many boats can be used for two or even all three activities, the chart below shows the type of boat and its primary use.

Cruising Fishing Watersports
Bowrider Bass boat Personal Watercraft
Deck boat Flats boat Bowrider/sportboat
Pontoon boat Center Console Ski boat
High-Performance Cuddy Cabin/Walkaround Wakeboard boat
Express Cruiser Open Express (combi) Jet boat
Trawler Convertible/Sportfisherman Inflatable
Motoryacht Jon boat

Cruising boats are designed for entertaining guests while delivering good performance. Some are day-only boats, such as bowriders, while others offer cabins and overnighting capabilities, such as express cruisers and motoryachts. Decide if you will use your boat for day-boating or overnighting.

Fishing boats are designed with open cockpits in the back of the boat to maximize the deck space needed for fishing. As a result, there is less seating and smaller accommodations on a fishing boat than there are on a cruising boat. Like cruising boats, larger fishing boats also provide cabins for overnighting and extended fishing trips.

Watersports boats are designed for those who want to waterski, wakeboard, and tow toys at speed. Some of these boats are very sophisticated and recommended only for experienced watersports enthusiasts, so for that reason we recommend the bowrider/sportboat, jet boat, or basic waterski boat as your entry point into the watersports area.

Step 2 – Size Matters

The size of the boat is an important consideration. The bigger the boat the more features it usually has, including cabins, galleys (kitchens), heads (toilet areas), and so on. The downside to bigger boats is they have more systems to understand and operate, and they may not be trailerable, and of course, they also cost more, both to buy and to operate. When you’re first getting started in boating you want the experience to be as fun and easy as possible. For that reason, we recommend your first boat be no larger than 22-24 feet, but make sure any boat you buy is certified to carry all the passengers and gear you plan to bring aboard. Even if you’re itching to buy that 35-foot cream puff — start small, if only for 6 months.

Feel Like a Millionaire For a Fraction Of a Cost

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Imagine embarking on your own private yacht—complete with on board hot tub, captain and chef—to spend a week in the Caribbean with friends. Together, you spend your days drinking in the gorgeous coastlines of the Bahamas, Cuba and Turks and Caicos, making frequent stops to fish for barracuda and snorkel in coral reefs full of cobalt blue chromis, bright yellow goatfish, even sea turtles. After two sun-drenched weeks, you debark in Miami and head back to your regular landlubber life—until six months later, when you meet the same boat again in the Mediterranean for another adventure. Your personal belongings are waiting for you on board and the same smiling crew waves hello.

Fractional yacht ownership provides access to some of the world’s most luxurious vessels at a fraction of the purchase price, and without the hassle of ongoing maintenance. With fractional ownership, you can sail your boat a few weeks a year then forget about it while your co-owners enjoy it or while the management company is busy doing the upkeep. It’s a great alternative to a vacation property for ocean-lovers who want to dedicate a chunk of time each year to exploring the waters of the Caribbean, the U.S., the Mediterranean or Southeast Asia.

With fractionals, every dollar you spend, at least a certain percentage of it, is recoverable.

Boating Trends 2016

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Attempting to pick out the marine trends for the year ahead is always a great opportunity for seasoned journalists to make tits of themselves. So this year, we’re playing it relatively safe. We’re steering clear of predicting the lifting of speed bans, the return of cheap diesel, the advent of Approved Used boat schemes and the building of British boats in Britain. We’re not even thinking about the eradication of corduroy, the outlawing of deck shoes or the mandatory use of kill cords. Instead, we’re building our predictions upon a sturdy bedrock of precedent.

The 80ft aluminium superboat proposed by adventurer Alan Priddy to break the round-the-world powerboating record starting November 2016. For more, see: Circumnavigation: the latest world record attempts.

More private ownership

There was a time when shared ownership schemes were all the rage. They allowed you to dip your toe into powerboating without committing too much faith or money. But with better economic conditions, cheaper fuel and plenty of fuss-free dry stack services, the time has come to stop dabbling. In 2016, we will buy powerboats outright and use them for 200 hours a season instead of just 20.

Alternative materials

Eventually, we (and the rest of the world) will copy the Scandinavians. That means building small boats from sensible materials like aluminium and roto-moulded plastic instead of shiny, high-maintenance fibreglass (see Finnmaster Husky range hits the water). We can then smack our boats off gnarly groynes and drag them up shale-strewn beaches without behaving as though it’s sacrilege.

‘Low-impact’ superyachts

Driven by vanity and enabled by technological advancements, the race for the world’s largest megayacht will continue apace. And ironically, it will be joined by a self-defeating belief that greener processes and more fuel-efficient operation are making superyachts ever more friendly to seals and puppies and fish and trees. Ignore the lie and enjoy the spectacularly ambitious hardware. Read: Superyachts flash their green credentials.

The Interboat Neo 7 – like marmite, you either love or hate the pontoon boat look, but have you ever driven one? Thought not…

Fat-bowed practicality

Though I’ve predicted it before, I confidently (re) predict that this year will see deck boats and pontoon-style platforms win a foothold in Britain. Having witnessed several new beam-forward designs emerge to great critical acclaim, the time is now ripe for British buyers to recognise that there is better value in a blunt-headed plodder than in a rapier speed machine. See Interboat Neo 7.0 review: buy a better boat.

Amphibians – yes. The Ford Focus “Floater F1” – not so much!

Car-style boats

I confidently predict that in 2016, lots of boat designers will attempt to piggyback the appeal of the mainstream automotive world with a spate of car-style boat designs. They will be good to look at but they will never make the transition from the draftsman’s board to the water because now, as ever, the overlap between cars and boats is conceptual rather than genuine.

Orsos Island: In a shrinking world a private island seems to be a universal ambition.

Private islands

In a busy and finite world, a manmade island is fast becoming the ultimate maritime solution – and from respectable designs like Wally Island to otherworldly objects like Orsos, Kokomo and Project Utopia, they come in plenty of shapes and sizes. Expect more of the same in 2016 as we all dream of abandoning the land for the freedom and self-reliance of our very own sovereign states. Read Floating islands: a new way of life afloat.

The Sea Ray 19 SPX remains one of the best examples of its type.

Entry-level resurgence

When Bayliner invests in the bottom end with boats like the Element (and Sea Ray joins in the fun with a fresh and accessible bow rider range), you know that entry-level budgets are once again a driving force. Expect a flurry of new sub 20-footers, all aiming to win fans by getting as close to the magic ‘Grand a Foot’ mark as possible.

The Beauty Of Boating

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Imagine a gentle breeze, the smell of the ocean all around you, immersing you in the moment as you stand at the helm of your boat. You have a few friends laughing and carrying on conversations as the sun is setting. As the sun falls down into the water and the stars start to become visible, the conversations slowly stop and everyone is in awe of the decorated sky above them and calmed by the swaying of the boat against the waves. You are all at once in a rhythm that is in tune with nature. No one speaks a word, but the message is deafeningly loud: this is perfect, this is carefree, this is boating.
Weather you are an avid fisherman, a weekend-warrior, or just a boat enthusiast, boating can provide anyone a way to escape the everyday monotony of life on land. Being in a boat out on the open water brings a sense of peace and unique oneness with nature. Taking in a beautiful sunset on a calm night with the soundtrack of the gentle waves lapping against your hull will bring tranquility and serenity to any busy life. Alternately, watching the sun rise up above the horizon over the vastness of the ocean while listening to the sounds of the birds beginning their daily rituals can give you a great feeling of comfort and fulfillment in a number of ways. Taking the time to enjoy some of the simple things in life with friends and family will bring everyone closer in a casual atmosphere.
Re-connecting with nature can be very rewarding, and boating is a very real way to accomplish that. Having a center console boat satisfies many different wants and needs in an efficient manner. If you are a water sports enthusiast and love to be out with your friends and family doing activities such as tubing, skiing, and wakeboarding, a center console boat is a great fit for you! The beauty of these multi-functional vessels their ability to satisfy the demands of almost anyone from all walks of life. You have a deck for fishing and lounging, plenty of space for storage, and the durability to handle the open water, which make these boats extremely versatile. There are countless styles to choose from various different manufacturers, and all with a diverse array of features and options to add or remove. Personalizing your boat will allow you to give it your own finishing touch, and this can be a very rewarding process as well as something you can take great pride in when you care for and maintain your boat.
Immersing yourself in the boating lifestyle doesn’t have to be expensive either. With so many different styles and price points to choose from, there truly is a boat for everyone! Different boats will connect you to nature in different ways.
Owning a smaller boat will allow you to get into more intimate places and offer you a better opportunity to experience some of the less traveled and lesser-known hideaways. Being able to choose your own path without a predetermined plan or anyone telling you where you need to be can give you a sense of being the master of your own destiny. Leisure time spent on your boat with people you care about can also provide a deep sense of pride while bringing you more satisfaction than any other activity can.
You can choose wether to own a whole or a fraction of a boat with Saveene.
Make your choice and start enjoying. THE SEASON IS ON SAVEENE.COM

New -vs- Used Boat

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Consider your option of new or used carefully. There are very good values to be had in used boats. More first time buyers purchase new boats, while experienced boaters more often buy used. And with good reason. Experienced boaters know that there is better value dollar for dollar in many used boats than new ones. They’ve already had the experience of taking a big hit in depreciation, along with the high cost of financing involved in a new boat purchase. To help decide which is right for you, consider the following.

When we track the depreciation curve for many of the most popular builder’s models by determining the net annual loss in resale value, we find that the higher the vessel quality, the sooner the depreciation curve will flatten out. That means that higher quality boats proportionately lose less value than lower quality vessels. For the above mentioned builders, the flattening out usually starts around five years, so that by the time a vessel is 6 years old, the annual loss of value is only a few percentage points. If you truly want to know what the annual cost of ownership is, add in the total principle plus interest to the annual operation and maintenance costs. Then, simply subtract the anticipated residual valve and divide by the number of years owned. For a new boat, this can be an enormous sum each and every year. Perform the same calculation for the purchase of an 8 year old vessel and the cost of ownership comes to only a fraction of that of a new vessel.

A general rule of thumb is that a new boat purchase works out better for the owner who keeps a boat longer than the average four years, or at least through the bottoming out of the depreciation curve. Obviously, the longer a boat is owned, the less the annual cost becomes. However, that doesn’t help much as far as residual value is concerned unless we consider the original cost versus anticipated resale value. Once we do this, we understand that what they told us was really true: boats, like automobiles, are not an investment but a major expense. If you plan to only own the vessel for a few years, or you anticipate that there is a chance you may have to sell, by far a used boat will be your better value.

Princess 68 – Saveene’s Favorite

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Princess 68

Luxury doesn’t end at the Flybridge on the Princess 68. As on the main deck, the focus up here is on elegant entertaining.

The full-beam master statesroom harks back to ranch-style homes of the 1960s.

An inside look at the Princess 68’s full-beam master stateroom.

The yacht boasts a pair of 1,150 hp Caterpillar C18A engines.

The 68’s salon uses resin infusion for its fiberglass, allowing for larger windows than previously available.

An electric-powered conversion can slide the starboard cabin bunks into a double.

A look at one of the 68’s comfortably sized bathrooms.

Luxury doesn’t end at the Flybridge on the Princess 68. As on the main deck, the focus up here is on elegant entertaining.

Offering expansive views from every spot on board and having an ability to run efficiently, the 68 is as ready to explore as she is to entertain.

Princess Yachts seems to offer it all. The builder has 27 models ranging from 39 feet to more than 130 feet length overall. Flybridge vessels. Express cruisers. Performance yachts. They don’t leave many gaps. So, to shoehorn another model into the lineup means there has to be something different about the new player. As I saw recently, the 68 is exactly that: different.
Full of Surprises

The 68 falls between the Princess 64 and Princess 72. She shares the Bernard Olesinski-designed exterior DNA with her sisters. But as comparisons go, that’s it. This yacht has her own personality. Take the galley. On the 68, it’s positioned aft near the oversize sliding doors to the cockpit. With an electrically retractable rear window, the galley’s aft counter becomes an open serving bar for the cockpit. This is alfresco living, with a seamless no-step transition from salon to cockpit, an outside table for dining and another opposite the galley. Want fresh air? Leave the doors open and enjoy that table for eight in the subtle mood lighting. When the weather is less than ideal, just close the doors and the galley is still convenient.
Big windows allow daylight to pour into all areas, including the stylish galley, which is one step down from salon level.

A word about the salon. It’s spacious, with a pair of couches on each side, but what I noted above all are the windows. Because Princess uses a resin-infusion system for its fiberglass construction, the strength in the cabin house is considerably increased, and this allows for larger windows than previously available. The resulting view is spectacular.

Most visitors will be surprised by the stairs from the main salon to the master suite belowdecks. This separate entry is an impressive privacy feature usually found on yachts above 100 feet. The stairs lead to a foyer with a door to the stateroom — and, once again, this is megayacht elegance.

A full-beam master harks back to ranch-style homes of the 1960s, with “picture windows” on each side. They’re big and bright, with a sofa under one and a bureau with hidden vanity under the other. These windows would make me want to anchor somewhere wonderful (the BVI? Nantucket? Catalina?) and look forward to mornings. The master head is a comfortable size, with a shower and yet another great view from a window.

This 68 takes good care of guests too. A VIP stateroom forward (stairs descend from the helm area) surprised me with the amount of foot room around the double berth — it makes getting dressed easier. An en suite head also features room for real people, with a Lexan door on the shower stall.

Two more guest cabins are amidships. As part of the standard American package, the builder adds an electric-powered conversion that slides the starboard cabin bunks into a double. Each of these cabins shares the day-head in the central lobby, also with a stall shower.

At just under 70 feet length overall and a bit over 40 tons displacement, the Princess 68 is getting into the area where some owners might want a captain or mate. Again, the builder adds a civilized crew cabin abaft the engine room with a pair of single berths, a private head with stall shower and plenty of stowage for shirts with epaulets. Don’t want a crew? The teenagers will claim this area.
Note to American Owners: Rest Easy

Though Princess is based in England, its yachts are constructed to U.S. Coast Guard and American Boat and Yacht Council specs. Each 68 also gets “Americanized” with larger engines, U.S. electrical systems, bigger gensets and an entertainment system (five TV/DVD/Blu-ray sets and dockside TV/phones). The builder also includes linens and pillows, so all you need to have is your destination in mind. —c.c.

Up High and Underway

One of the selling points for the Princess 68 has to be the flybridge. The teak-planked stairway from the cockpit offers gently spaced steps and solid handrails. As on the main deck, the focus up here is on elegant entertaining, with a spacious settee and dining table served by an L-shaped outdoor kitchen with electric lava-brick barbecue, sink and drawer fridge. The skipper and companion get pedestal helm chairs behind the instrument console, and another seating area opposite can convert to a sun pad.

Her entire bridge is protected by an optional fiberglass hardtop with an electric sunroof, so you can either get more sun or watch the stars. It doesn’t cover the sun pads abaft the settee, but the Princess 68 doesn’t skimp on space for sun worshipers.

Owner-operators will appreciate the space at the lower helm, as well as being in touch with the guests all around the flybridge.

The foredeck would quickly become one of my favorite spots, with its large seating area and yet another sun pad. This would seem like the ideal place to enjoy a sundowner. The layout is another clever idea that doesn’t impinge upon interior space.

Standard power for the Princess 68 in Europe is a pair of 1,150 hp Caterpillar C18As, but our test yacht had optional 1,400 hp MAN V-12 diesel engines (the midsize option is 1,200 hp MAN diesels). The builder scores points for upgrading the generator from 11 kW to 21.5 kW — Americans want their tropical air conditioning and piña colada blenders on at the same time.

With the twin MANs, our test boat ran just a freckle under 35 knots at 2,300 rpm. Look at those numbers again. That’s moving 80,000 pounds of pure luxury on the ocean at runabout speeds.

A Stand-Up Kind of Feature

There are times at sea when yachtsmen want to stand up when using the lower helm. Entering a harbor, dropping anchor, maneuvering — standing improves sight lines. But on some yachts, you either have to stoop or … just sit back down. The Princess 68 has a “duck pond” to solve the problem. If you look forward on the salon overhead of the 68, you’ll see that the area above the helm and companion seat is raised a few inches. It’s done cleverly so it doesn’t show from the outside, but it allows tall guys to stand behind the wheel. So why is it called the duck pond? When the cabin top of the Princess 68 is being laminated at the factory, it’s upside-down and, being in a mold, reversed. While most of the cabin top is smooth, it has a deeper section at the forward end, which becomes the extra headroom when turned over. The laminating crew at Princess refer to this deeper area as the duck pond, while owners will refer to it as a godsend. —c.c.

Want a big surprise?

Dial your tachs back to 1,200 rpm, and the 68 is making about 13 knots while the power plants sip just 28 gph. Feel like going farther without stopping for fuel? At 800 rpm, this yacht can cruise more than 1,500 nautical miles at about 10 knots. That gives you choices. Need to get home fast? You’ve got the power under your right fist. Want to make a passage? You can do that too.
A Family of Excellence

Not many yacht builders remain under the control of the original founder, nor do many have luxuriously elite sister companies. Princess Yachts has both. Founded in 1965, Princess was started in a small industrial unit on Newport Street in Plymouth, England, by ex-naval officer David King. Today, King continues to head up the company as chairman, and the factory now takes up the entire street, plus adjoining lands to build yachts as large as 131 feet. In 2008, Princess was acquired by LVMH to join its necklace of luxury brands. You know Vuitton and Chandon, of course, but Princess is also a sister company to Fendi, Christian Dior, De Beers Diamonds and, oh yes, Feadship.

Regardless of the power choice, the Princess 68 has the elegance to hang with the superyachts, the speed to get to exotic places faster and the character to stand out in harbors everywhere.