'Super-Yachts' Are a Tough Sell to the Newly Rich -- CNBC/Reuters
The glamour, champagne-soaked launches, astronomical price tags, and celebrity clients belie a mounting unease in the world of "super-yacht" building, according to industry insiders.
The billionaire financier clients of the pre-financial crisis world are fewer. And the new rich of Asia with the kind of money needed to spend at least $100 million on a holiday gin palace just aren't that into boats.
"The business has been going through a lot of change in the past four years," says Henk de Vries, head of shipbuilder Feadship, which recently completed the 80-meter (yard) Venus motoryacht, reportedly ordered by the late Applefounder Steve Jobs and impounded in Amsterdam for unpaid bills.
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My Comment: I guess money is getting tighter.
This super yacht is truly amazing. can you please update on Yacht Rental Dubai
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