Yachts
Superyacht Sales Down 17 Percent Last Year
Why the drop in orders for new builds? The exclusion of Russian oligarchs and skyrocketing costs of ownership. Despite that, superyacht deliveries were up 31 percent in 2023.
Superyacht sales fell 17 percent last year, according to an industry report. The annual survey by SuperYacht Times found that rising costs, long wait times, and the exclusion of Russian oligarchs fro… [+2781 chars]
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