Posts Tagged ‘worldwide’

Most commonly asked question – why purchase a yacht?

Tuesday, June 10th, 2008

As a yacht broker with Northrop and Johnson of Massachusetts, Eric Ciambra enjoys a professional environment supported by a more than efficient infrastructure that allows him to give a client the best possible service wherever they are located.

In Eric’s travels worldwide, the most common question he gets as a yacht broker is “why does somebody buy a 100 foot plus yacht and not just rent it when they need it?”

It’s a fair question.  After all, with yacht ownership comes expense as well as ongoing capital outlay.  It goes without saying pride of yacht ownership is a huge factor.  Historically, most owners start off chartering a yacht and then become owners.  It allows them to see if they enjoy the lifestyle.  It permits them to test different types of vessels in different environments.  It allows them to test crew and cultivate a certain amount of buyer experience and comfort.

After a certain amount of time and certainly a lot of expenditure, ownership (for those who value the lifestyle) becomes the natural next step.

So, Eric asked a yacht owner who is a very successful CEO of a company why he owns a yacht.  His answer was because of his often busy schedule, it was the only location that he had discovered where he could truly spend quality time with his family and friends.  This gave Eric an insight as to why so many yacht owners have so much affection for their chosen yacht.

To those who asked that question or are thinking of asking it, Eric is hopeful this has been useful.

For more information on yacht ownership or charters, feel free to visit www.njyachting.com or call 978.921.6600.

Northrop and Johnson – Worldwide yacht brokerage and new construction

Friday, May 30th, 2008

New yacht construction projects continue worldwide.  Dutch and German yards are at their maximum and have been for several years.  Yards in mainland China are starting to market products equal to and in some cases exceeding that of Dutch builds.

Steve Doyle, yacht broker of Northrop and Johnson Boston office has a sailboat under construction in Vancouver.  The design is based on simplicity and performance.  Steve’s client wants a blue water sailing yacht that is fast and could undergo repair while at sea or anywhere in the world.  With this particular design by marine architect Ivan Erdevicki, repairs are made to be simple.  This 120’ sailing yacht is being constructed in aluminum.

Steve has yet another client who loves the design and is in the process of having the architect provide drawings for a 130’ sailboat which the client wants constructed in composites.  For more information please call 978.921.6600.

Price upon completion is approximately $12 million USD.

Go to http://www.ivanerdevicki.com/ and click on news and press to see his latest sailboat design.

Northrop and Johnson of Boston continues to build relationships in the yachting industry worldwide.

Wednesday, May 28th, 2008

May 22-25 found Steve Doyle, yacht broker of the Boston Northrop and Johnson office, in Monaco with clients for the Monaco Grand Prix. Steve’s description of the patronage was as follows; “The Super Bowl, Kentucky Derby and Nascar combined do not equal the per capita wealth of the patrons attending the Monaco Grand Prix.” Steve’s clients are building twenty marinas in Abu Dhabi, UAE.  In November of 2009 the Aldar owned Race Track marina will host an F-1 grand prix auto race. Steve has secured the charter rights from Aldar to handle the yachts chartered by sponsors, team owners and guests.  For more information to charter a yacht for the Formula One race in Abu Dhabi, please contact steve@njyachting.com.