The only thing standing between you and the new-build yacht of your dreams is the range of options and considerations that must be thought of before you embark on your yacht-building journey. SuperYacht Times has outlined some of the most important things to consider when looking for a shipyard to build your first new-build yacht.
From remote working to endless Zoom calls, it’s fair to say that the pandemic has drastically impacted the way we do business. But what has it meant for charter companies and the way they operate not only now, but in the future?Â
Of course the most prevalent concern for most of these companies is revenue, with bottom lines directly hit from March 2020. Head of Charter James Graham-Cloete at TWW Yachts explains: ‘Early bookings for the Med season were down due to the pandemic, with the May and June charters cancelled or postponed. The TWW Charter Fleet also saw fewer of the larger vessels crossing back to the Med from the Caribbean, and this had a direct impact on summer revenue YoY. From the TWW fleet yachts, we saw a 25% reduction in charter revenue for 2020, mainly due to the delayed start to season and the larger vessels not returning from the Caribbean.’ However, Graham-Cloete reveals all was not lost: ‘From late June last year, enquiries and bookings picked up, as we saw travel restrictions eased, with many last-minute charters being booked and an upturn in the bookings for Croatia and Turkey, which were accessible to non-EU customers. This trend continued very late into the season – far longer than in previous years.’ Â
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