Maltese Falcon Clinches Overall Victory In Perini Navi Cup

By | Boats

An odd but probably fun regatta for mega sailing yachts built by Perini Navi. Most – really all – Perini Navi’s are luxurious, heavy sailing yachts, fitted with posh, paneled accommodations. Many are sailed from a pilothouse or flybridge, with spa pools, enormous tenders and four-star service. Not exactly hard core racing. Their performance is best described as  “leisurely” – not sure if any merit “sparkling”  or “zippy.”

Kind of like racing around Watkins Glen in a flock of  Bentleys. But the shore parties must have been fun.

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$40 Million For This Abandoned Superyacht Is Just About Right

By | Boats

I guess $40 Million or thereabouts is a good price, but not a steal for this abandoned 300 ft megayacht. It would take $150 million to $30 million to recreate it, but it is 18 years old and was built by a slightly secondary builder, Oceanco. I’m sure a new owner will invest $5 million or so to spruce up the interior and cosmetics, repair any major mechanical issues and try to flip it for $75 million.

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