Media Hat Tip #32

In case you missed it, David Berman, the Markets Columnist at The Globe and Mail, picked up on our year long “Yacht watch part 2” blog series. Here’s the link to his piece.

Interestingly, the number of new mega yachts (larger than 150 feet) available around the world has jumped to 71 from 66 in just a month. Given the long lead times (from laying down the keel to actual finish), you can imagine how unhappy the builders are to find that there are 25-30% more Mega Yachts available today then when their specific projects were started on the draft table in 2005 or 2006.

Just think what has happened to the economy in that space of time.

Thanks, David, for the hat tip.

MRM