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55.4m | Ailsa shipbuilding co. | 1902

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  • Open Space, Eco-Friendly Tech: What a Rising Class of Millennial Superyacht Owners Is Looking For

Surveys predict that, 10 years from now, the average age of a superyacht buyer will be 35 to 40.

Kevin koenig, kevin koenig's most recent stories, ‘people don’t want to be inside’: how the outdoors became yachtmakers’ most coveted design element, azimut’s new 72-foot yacht has one of the largest flybridges in its class. we hopped onboard..

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Millennials Are Buying Yachts

Ten years from now, Millennials will have taken over the superyacht world. At least that’s the forecast by several experts who are seeing ages of yacht buyers trending younger.

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That trend is expected to continue, according to research from Italian yacht builder Rossinavi and the University of Monaco, with the average age of superyacht buyers decreasing 10 to 15 years over the next decade. That could make Millennials the primary buyers of superyachts.

The topic of younger buyers is a constant discussion in shipyard boardrooms and among designers looking to modify their designs to this changing market. It was also one of the topics at the recent Yachtmaster event in Key West, hosted by Benetti Yachts . Benetti sponsors Yachtmaster events twice a year (the European edition was in Budapest last month) to brief captains and other professionals on new trends in the superyacht industry.

Benetti Yachtmasters 2024

“We have been doing this event for 24 years now,” Benetti Americas manager Nick Bischoff told Robb Report . “The intent is to continue to build relationships with influencers of our current and prospective owners. In the beginning that meant mostly captains, but it’s expanded to include surveyors and owners’ reps, too.” The ultimate goal, says Bischoff, is for participants not only to network, but “put their heads together to create an ever-improving onboard experience both for owners and crew.”

Many seminars focused on the concept of onboard lifestyle, which most brokers and shipyards see as a primary driver for purchasing a yacht. Benetti’s head of product, Sebastiano Vida, also spoke about how lifestyle influences new designs in the yachts.

But Jason Dunbar, a broker and appraisal surveyor with Vessel Value Survey, recommended tough love to the brokers. His discussion about managing expectations for newbie owners included advice about being “realistic” with owners who are flush with cash, but might be new to the superyacht world. If an owner wants a brand-new 120-footer with a crew of six, but has a budget of $8 million, the broker is the one who needs to break the bad news. “A good broker has to tell people ‘Listen, that’s just not going to happen,’” says Dunbar. “That will save a lot of headaches down the road and will hopefully keep a client in boating for the long term.”

Benetti Yachtmaster Even Oasis Deck

A new buyer is often coming off a one-week charter that was magical: perfect weather, a well-oiled boat, and a crew looking forward to a little R&R after hustling all week for the charter guests. “It’s relatively easy to make things work like that one week at a time,” says Dunbar. “But a new owner who wants to use their boat for 10, 15, or 30 weeks, that’s a totally different thing. You may have to tell them they need to hire two crews and rotate them—which will be news to them.” He said that overworking the crew will “burn through humans.” The crew will be miserable, he says, which will make the boat not live up to the owners’ expectations. “The next thing you know these new owners will be long gone from yachting.”

Fraser Yachts CEO Anders Kurtén sees the new buyers as a boon for design creativity in an old-school industry. “It starts with a piece of paper,” he says. “We sit down and start designing these boats for younger clients and we see similar trends. Basically they all want to live their shore-based lives on a yacht.”

The segmented and often claustrophobic interiors of many current superyacht designs, says Dirand, just doesn’t float with the new generation. “Young owners’ preferences are honed by hospitality and a knowledge of architectural trends,” he says.

Azimut Benetti Group

Because of that, wellness centers have become focal points of design. As moguls like Jeff Bezos and Mark Zuckerberg have made clear as of late, having six-pack abs in middle age is the new Lamborghini. These new owners expect their boats to be designed with beach clubs with gyms, saunas, massage areas that allow owners and guests to work out or relax, amidst warm sun rays and luscious sea breezes.

Kurtén also pointed to green tech as key for the new generation of clients. “We’ve hit a point where a 150-foot sailboat can go across the Atlantic without burning a drop of fuel. And motoryachts can function on battery-only mode, at least when they are close to port,” he says. “That’s important to these new clients—they want to be green. A few years ago that was something you said at a cocktail party, but today it’s a reality for a lot of buyers.”

Peter Selivanoff, senior yacht service manager for Fraser, also spoke about how owners are seeking highly specialized crews who can perform multiple functions across the yacht.

Navigating these new realities is an important part for the industry to future-proof itself in the competitive realm of ultra-luxury products. This is a place where youth may not spring eternal but, at least for now, it reigns supreme.

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Florida mom tried selling daughter to stranger for $500, then abandoned the baby, police say

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A Florida mother is in jail after offering to sell her 18-month-old daughter to an employee of a local business for $500, and abandoning the baby once the worker refused, police say.

The 33-year-old woman is charged with aggravated child abuse, child neglect, abandonment of a child and selling or surrendering a minor for money or property, according to Putnam County court records.

The woman was loitering around the business in Palatka, a city in Florida about 55 miles from Daytona Beach, on March 5 with her young daughter, Palatka police said Wednesday in a news release. She had been hanging around the business for a few days, according to police.

An "anonymous citizen" employed at the local business began speaking to the mother that day and asked if she and her daughter needed assistance, police said. The woman told the individual she did not need help, but then offered to sell her daughter to them for $500, according to Palatka police's release.

When the employee declined the mother's offer, the mother walked away and left her daughter behind, police said.

What happened to the baby girl?

The employee would pick up the woman's daughter and take her to Palatka police headquarters where the department’s victim advocate cared for the baby until the Department of Children and Families took custody of her, according to the police's release.

The woman's baby is now in foster care, police said.

Palatka police found and arrested the woman on March 7, according to the release. The woman is in Putnam County jail with a $255,000 bond, court records show.

An order of no contact was signed off on in court prohibiting the woman from seeing or reaching out to her alleged victim, but court records did not disclose if that was her daughter.

It's unclear if the woman has an attorney.

  Jonathan Limehouse covers breaking and trending news for USA TODAY. Reach him at [email protected]

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Major tiktok sale could ‘absolutely’ come before 2024 election, house committee leader says.

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A forced sale of TikTok, the social media app that US intelligence officials have labeled a national security risk, could happen before the 2024 presidential election in November, the House China committee leaders said Sunday.

House China Select Committee Chair Mike Gallagher, R-Wis., and ranking member Rep. Raja Krishnamoorthi, D-Ill., appeared together on CBS’ “Face the Nation” after the House passed a bill last week that would block TikTok from US app stores if parent company Bytedance, which is linked to the Chinese government, does not divest from it within 165 days.

When asked if a forced sale could happen before the elections in November, Gallagher responded that it “absolutely could” happen.

“And I think all the more reason why we have to tackle this now, the closer we get to an election, the risk just gets greater and greater,” Gallagher said. 

TikTok’s critics have long called it a national security threat.

They have cited concerns about the Chinese government’s ability to leverage its power over Bytedance to access sensitive user data, even in the US, something the company has denied.

House China Select Committee Chair Mike Gallagher, R-Wis., and ranking member Rep. Raja Krishnamoorthi,

“Every single intelligence community official that testified before the Intelligence Committee last week suggested under its current ownership structure, TikTok is a threat to national security, which is why we are trying to force TikTok to separate from ByteDance and, by extension, from the Chinese Communist Party,” Gallagher said.

House China Select Committee Chair Mike Gallagher, R-Wis., and ranking member Rep. Raja Krishnamoorthi

Krishnamoorthi, the committee’s ranking member, said that as the bill now moves to the Senate, he and Gallagher have had “very positive” conversations with Senate members who were “very surprised” by the overwhelming bipartisan support in the House.

While it’s unclear how fast the Senate will move on this bill, Krishnamoorthi noted that the White House has asked Senate lawmakers “to take up this bill quickly.”

Share this article:

House China Select Committee Chair Mike Gallagher, R-Wis., and ranking member Rep. Raja Krishnamoorthi,

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Where to Buy a Home in Moscow in 2024

The growth in suburban house prices in 2021 can be as high as 15%. This prognosis was voiced by the participants of Moscow’s real estate market. Housing near Moscow has already gone up in value by 7%, and before the end of the year, this number is quite likely to rise by another 2–3%. The pandemic has changed the trends on the suburban real estate market – the current demand for detached houses is noticeably higher than before the global outbreak of Covid-19, and this naturally influences the cost of residential homes, say the experts. They also note that traditionally, the fall-winter period has always been considered a time of low demand for houses for sale in Russia; however, the opposite is now the case.

Here are the Moscow real estate categories to consider when buying a house in Russia:

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  • By development format (townhouses, detached private homes).

When purchasing homes in Moscow, Russia, a good rule of thumb is to select houses within an 18.6-mile (30 km) radius from the center of Moscow. This ensures you will get a well-developed infrastructure, and that the chosen location will be replete with hospitals and schools.

We recommend considering the West, South and North directions just out of Moscow. You may notice that country houses are noticeably cheaper on the capital’s Eastern side. However, this is due to poor environmental conditions – the result of the presence of a number of industrial facilities in the entire East area.

Best Cottage Communities in Moscow

Muscovites with high incomes live in closed elite cottage communities that have their own full infrastructure. Such cottage communities are usually designed by Europe’s best architects, especially contracted for the job. These locations have everything: private English schools, restaurants, shops, pools and gyms, beauty salons and equestrian sports clubs.

The most expensive houses up for sale are located in the Barvikha Hills area (Rublevka direction). This elite location near Moscow even has its own famous brand boutiques: Dolce & Gabbana, Valentino, Rolex, Patek Philippe, Bentley, Ferrari and Harley-Davidson. The least expensive house here costs 1.5 million US dollars and has a floor area of 656 sqft (200 m²). This gated community is just 10-20 minutes by car away from Moscow itself.

We encourage you to consider some of the following elite locations as you decide where to purchase your ideal property: Etude Family Club, La-Mansh, Western Residence, Yusupovo Life Park, Odintsovo, Novaya Riga and Pirogovo. There you will find everything one requires for a comfortable life, at the price of 300 to 500 thousand US dollars for a residential home.

As you choose your future home, make sure to take into account the category of the land on which it is built. Each category has its own taxation rate. Our lawyer can explain all the details on property taxes in Russia to you at your request. Contact us to get your consultation!

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  1. Classic Yachts For Sale

    Although the term classic yacht is a relatively elastic one, here are a selection of timeless classic yachts for sale currently with BOAT International. As the authority on superyachts since 1983, BOAT International know classic yachts better than most. Browse our collection of classic yachts for sale here.

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    Antique and Classic boats pricing. Antique and Classic boats listed for sale on YachtWorld offers a diverse price range, from $5,215 on the relatively more affordable end to a staggering $7,674,163 for the most unique, one-of-a-kind yachts available. It is advisable to bear in mind the expenditure involved in ownership while contemplating your ...

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    Century-Old Yacht Madiz, World's Oldest Superyacht, for Sale. March 5, 2024By: Diane M. Byrne. The year 1902 saw the invention of air conditioning, neon light, and the teddy bear, among other things. It also saw the launch of the yacht Madiz in Scotland. The 182-foot (55.4-meter) megayacht is the oldest and largest classic yacht still floating.

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    Built. 2018. Guests. 4 in 1 cabins. Price. $695,000. Add to Compare. Classic yachts for sale marry timeless style with modern comfort and technology. Enter the world of classic sailing and motoryacht ownership with Fraser.

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    Mega Yacht pricing. Mega Yacht listed for sale on YachtWorld offers a diverse price range, from $86,039 on the relatively moderate end to a staggering $100,176,830 for the most unique, bespoke yachts available. It is important to take into consideration the expenses associated with ownership when evaluating your budget and the listed price of a ...

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    Built by a wide variety of yacht building companies, there are currently 486 antique and classic yachts for sale on YachtWorld, with 36 new vessels for sale, and 450 used and custom yachts listed. These vessels are all listed by professional yacht brokerages and new boat dealers, mainly in the following countries: United States, United Kingdom ...

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    38 yachts for sale. Andrews of Bourne End Slipper. P.O.R. Ilver Sport Ecstasy 24. EUR 19000. Popoli "3 Punti Racer Alfa Romeo 2000" EUR 45000. San Marco Appia del Mare. EUR 25000. ... Johan Anker - The worlds first 9mR yacht according to the first R-rule of 1906/07. EUR 165000. Custom Built Classic Motoryacht 1900 - Vripack Design.

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    Just like the perfect yacht for sale, the choice is yours. Yachts for sale. sort by: display in: type of yacht: Motor. Sail. MOONLIGHT II Length 91m (300ft) Shipyard Neorion Built 2005 / 2015 (refitted) Guests 36 in 18 cabins Price €68,000,000 ...

  11. Yachts & Superyachts

    Yachts for Sale. SuperYacht Times has compiled the largest fleet of yachts for sale. Our data analysts gather valuable information about every superyacht larger than 24-metres currently for sale. With hundreds of yacht sales and transactions per year, the yachting market is a challenging one, and that's why SuperYacht Times has built this ...

  12. Superyachts for sale

    849 Superyachts for Sale Worldwide. Northrop & Johnson is proud to offer an extensive, global and all-encompassing selection of superyachts for sale. The superyacht sector comprises the world's most luxurious, well-designed, top-performing yachts with a wide range of amenities and styles. We hope you find your dream yacht below.

  13. Luxury Yachts For Sale

    Superyachts For Sale. 486 luxury yachts for sale from around the world Browse Yachts Featured Yachts. Royal Denship Royal Denship Price $11,000,000. LENGTH 44.0m. YEAR 2007. View listing . Royal Denship Royal Denship YEAR 2007. LENGTH 44.0m. GUESTS 10. Sales listing . $ ...

  14. Classic Yachts for Sale

    Classic yachts can be either sailing yachts or motor yachts. While classic yachts often command higher prices, a select few classic motor yachts can be found for under $100,000, offering a unique blend of elegance and affordability. Classic yachts are not for the casual yacht owner. It takes time, effort, and love to make a classic yacht run at ...

  15. Antique and Classic boats for sale

    Find antique and classic boats for sale near you, including boat prices, photos, and more. Locate boat dealers and find your boat at Boat Trader! ... Chattanooga, TN 37404 | Gulf Coast Yacht Group Chattanooga, TN. Request Info; 1958 Correct Craft Antique Boat. $15,950. Fort Lauderdale, FL 33316 | Nautical Ventures. Request Info; 1998 Astro 1800 ...

  16. 80m-100m yachts for sale

    SuperYacht Times has compiled the largest fleet of yachts for sale. Our data analysts gather valuable information about every superyacht larger than 24-metres currently for sale. With hundreds of yacht sales and transactions per year, the yachting market is a challenging one, and that's why SuperYacht Times has built this platform to help ...

  17. Wood hull yachts for sale

    Yachts for Sale with Hulls of Wood. SuperYacht Times has compiled the largest fleet of yachts for sale. Our data analysts gather valuable information about every superyacht larger than 24-metres currently for sale. With hundreds of yacht sales and transactions per year, the yachting market is a challenging one, and that's why SuperYacht Times ...

  18. Superyachts for sale at Palm Beach boat show (Photos)

    The "Rearden Steel" custom built by the renowned Dutch shipyard Moonen, is a 121ft tri-deck super-yacht, which will be up for sale during the Palm Beach International Boat Show, March 21-24, 2024 ...

  19. Millennials Who Want New Designs Are the New Superyacht Owners

    The average age of a Rolls-Royce owner has dipped to 42 years old, and even farther up the ladder of lavishness, superyacht owners are typically around 50 years old. Not only are these yacht ...

  20. Antique And Classic boats for sale in Florida

    1956 Trumpy 55' Cockpit Cruiser Motoryacht. * Price displayed is based on today's currency conversion rate of the listed sales price. Boats Group does not guarantee the accuracy of conversion rates and rates may differ than those provided by financial institutions at the time of transaction. Find Antique And Classic boats for sale in Florida.

  21. Property for sale in Moscow, Russia

    Moscow, Russia. 1. 25 m². 8/22. Direct sale from the developer! Family residential area Comfort Plus class For sale 1-room a…. €72,254. Leave a request. 1 room studio apartment.

  22. Florida mother abandoned baby after trying to sell her for $500

    A Florida mother is in jail after offering to sell her 18-month-old daughter to an employee of a local business for $500, and abandoning the baby once the worker refused, police say. The 33-year ...

  23. Chaddsford Winery and event space up for sale after 42 years

    Chaddsford Winery in Chester County is up for sale. Listen to this article 4 min After 42 years of ownership, one of the founding families of Chaddsford Winery is looking to sell the beloved ...

  24. Houses for sale in Moscow, Russia

    Houses for sale in Moscow, Russia. Buy homes in one click! Searching for the latest updates of the global real estate market? Find property on REALTING

  25. Classic boats for sale

    Classic. Today, Classic, a yacht builder has 118 yachts available for purchase on YachtWorld. This collection encompasses 9 newly built vessels as well as 109 pre-owned yachts, with all listings, handled by yacht brokers and boat dealerships, primarily concentrated in United States, United Kingdom, Spain, Germany and France.

  26. Major TikTok sale could 'absolutely' come before 2024 election, House

    A forced sale of TikTok, the social media app that US intelligence officials have labeled a national security risk, could happen before the 2024 presidential election in November, the House China ...

  27. Mansions in Russia for Sale & Luxury Villas

    Luxury mansion in a pine forest in Konus gated community. Price: 15 million USD. Total floor area: 4 921 sqft (1 500 m²) Land plot area: 1.2 ac (50 sotkas) Rublyovo-Uspenskoye shosse, 6 mi (10 km) from MKAD. A 3-story mansion situated in a pine forest in a gated community called Konus, not far from the Moskva River.

  28. Moscow Russia Houses for Sale & Dacha

    The most expensive houses up for sale are located in the Barvikha Hills area (Rublevka direction). This elite location near Moscow even has its own famous brand boutiques: Dolce & Gabbana, Valentino, Rolex, Patek Philippe, Bentley, Ferrari and Harley-Davidson. The least expensive house here costs 1.5 million US dollars and has a floor area of ...