Waiting times stretching into years and surging prices have left billionaires uninterested in buying superyachts

A slump in superyacht sales was observed in 2023, attributed to never-ending waiting lists, soaring costs, and sanctions... This post appeared first on Luxurylaunches.

By: Luxurylaunches.com

May 13 2024
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A slump in superyacht sales was observed in 2023, attributed to never-ending waiting lists, soaring costs, and sanctions on Russian oligarchs, deterring new buyers from entering the market. According… [+1180 chars]

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Wrestling billionaire Shahid Khan is all set to take delivery of his magnificent 400-foot Lurssen superyacht, Kismet, which is undergoing sea trials. One of the largest yachts ever built, the seafaring palace boasts 11 luxurious cabins, a Balinese spa, a

Dubai based shipyard has unveiled a sleek, stylish, and stealthy 55-foot yacht concept, crafted from carbon fiber and titanium, and featuring a glass dome inspired by the structure of bird bones.

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