UPDATE, MAY 8, 2018: Thomas Heaphy, Jr. should report to prison in July to serve six years. A judge sentenced him this week for his role in the Waters Club scheme. He further must pay $6.7 million in restitution to victims of the scheme as well as the Internal Revenue Service. UPDATE, MARCH 18, 2018: Andrew…
Cruising in Australia in April? If so, you’ll be in good company. According to the industry association Superyacht Australia and its Superyacht Queensland division, several yachts have set sights on Gold Coast in Queensland. It’s due to the Commonwealth Games going on there from April 4 to 15. As a result, the organization has a…
Due to customer requests for more flexibility, AvYachts has a second tier of shared ownership. Now clients can acquire a 10-percent stake, for three weeks of use annually. This is an alternate to the original 20-percent share, for six weeks aboard. In addition, the option extends to any of the three megayachts under AvYachts’ program….
If sailing to far-flung places like Bora Bora, Indonesia, or Ascension Island intrigues you, keep reading. Oyster Yachts owners, as well as those who love the British builder’s sailboats and sailing superyachts, are invited to join the third edition of the Oyster World Rally, commencing in January 2021. The news comes while the second edition…
A program that took the rest of the world by storm, filmed with a superyacht and superyacht-expedition company, premieres stateside this week. On January 20, Americans will see how the yacht Alucia and EYOS Expeditions played vital roles in the making of Blue Planet II, the highly acclaimed ocean documentary. Blue Planet II, an eight-episode…
Now, two major flag states have paved a way for megayachts to receive a Yacht Engaged in Trade Certificate of Compliance. Also known as YET, the status is newly available under the Cayman Islands Shipping Registry. The Cayman Islands joins the Marshall Islands as the only other registry making this possible. The Marshall Islands introduced…
The growth of the sharing economy is gradually making inroads in the yachting sector. The newest program to that effect is YachtQuarters. A division of Princess Yachts, this fractional-ownership program has an entry-level megayacht available, a new Princess 75 Motor Yacht. YachtQuarters limits the yacht to four partners, with the ownership lasting four years. Following…
Yessi Maya Sari and Kevin Corcoran (below) aren’t your typical superyacht owners. Then again, their pride and joy, Sequoia, isn’t your typical superyacht, either. Neither are the Indonesian cruising grounds that the 86-foot (26-meter) Sequoia shows charter guests. And, that’s the point. Sari and Corcoran built this traditionally Indonesian, all-wood yacht to welcome the world…
With 300 to upwards of 500 articles published every year, we at MegayachtNews.com certainly provide you with a lot of information from which to choose. And choose you do. Every year for the past 10 years, you’ve never ceased to amaze us with what megayacht features are of most interest. Sometimes, of course, we can…
Palm-fringed beaches and crystal-clear water sound mighty attractive to many of us Americans currently subjected to wintry weather. So, too, does having a cruising anchorage all to ourselves. We’re not alone. More and more yachts are venturing farther afield. In the process, they’re enjoying spectacular cruising grounds in less-traveled (and therefore less-crowded) regions. This winter,…
