AN ENDURING INDUSTRY
2021, perhaps surprisingly, has proven to be an outstanding year for the superyacht market (the “superyacht” designation is used for luxury vessels more than 30m in length). According to SuperYacht Times iQ, more than 485 such vessels have been sold around the world since the beginning of the year, a number that translates to sales of approximately EUR 4.77 billion. The comparative number of vessels in 2020 was 296 and EUR 2.8 billion respectively.
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