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Welcome to Yacht Charter Market, the weekly newsletter dedicated to the world of yacht charter.

In today’s newsletter:

• Top story: Why is interest in remote yacht charters rising? 📈

• Charter updates: 82.5m M/Y Emir joins the Fraser charter fleet, Edmiston is the new charter CA for 55m M/Y Olympus, brand new 38m M/Y Lumière joins the charter fleet with Swisspath Yachting

• Charter photo: The many Jacuzzis of the 85.5m M/Y Sunrays

• Destination spotlight: The Bahamas 🇧🇸

• Post of the week: Blissful secluded islands in The Exumas 🏖

TOP STORY

Why are remote and exotic yacht charter destinations becoming more popular?

It is no accident that classic yachting hotspots and patterns – European summer in Italy, Greece or the South of France, and wintering in the Caribbean’s St Barths or St Maarten – have their elite status, boasting a combination of beautiful views, luxury and advanced yachting facilities that ensure chartering with ease. ☀️

But recent years have seen a rise in the remote yacht charter. Experts note increasing client interest in chartering vessels in the globe’s most remote corners.

Legendary explorer yachts, such as Lürssen’s 126m Octopus, have traversed to icy Antarctica, while more and more clients see the appeal of exploring the South Pacific’s fruitful offerings in destinations like French Polynesia.

What is the appeal of such far-flung charter locations?

1. Break away from the crowds 🐚

Chartering a yacht in a remote destination allows guests to get away from the crowds of more typical yachting spots.

In high season, places like the Mediterranean, the Bahamas and the Caribbean can become overcrowded, meaning restaurants, beach clubs and bars are quickly booked up, making secluded anchorages and beaches harder to find.

Chartering in off-the-beaten-track yachting destinations, such as Antarctica, French Polynesia, Oman, and Scandinavia, guarantees guests more space and peace during their trip.

2. Discover unique offerings 🏔

To encounter something special, sometimes it is essential to think outside the box. Not every superyacht adventure involves sipping cold beverages under palm trees and feeling golden sand between your toes.

For some, superyachts are the perfect vessels from which to explore the earth’s most remote and undisturbed corners.

To witness something truly special, such as icebergs and penguins in Antarctica, bears and whales in Alaska, Komodo dragons in Indonesia and the wondrous Norwegian fjords, clients are trusting more and more in remote yacht charters. What better way to explore the earth’s most unique offerings from a luxury yacht?

3. Embark on adventure ⛷

Travelling to remote and unique destinations is the perfect option for adventure seekers. From encounters with rare animals to breathtaking landscapes and phenomena, yachts allow guests to get up close to some truly magical sights.

Aside from the usual water sports and diving, guests chartering in unique destinations can embark on adventurous pursuits such as mountain climbing, whale watching, heli-skiing, spearfishing and surfing.

LATEST CHARTER UPDATES

🚀 Fraser Yachts announced that the 82.5-metre motor yacht Emir has joined the Fraser Charter Management Fleet.

Read more about Emir joining the Fraser Charter Fleet here.

🌅 Edmiston is the new charter central agent for the 55-metre Feadship motor yacht Olympus.

🇲🇹 Malta has lowered VAT for short-term yacht charters. The standard VAT in Malta is 18%, but the country is lowering its VAT rate to 12% in certain instances.

The new ruling applies to short-term yacht charters that start in Malta. The new rate took effect on 1 January 2024, and it will be interesting to see if this VAT reduction impacts how many short-term yacht charters take place in Malta this summer. ✨

📣 New to the charter market: The newly-built 38-metre Moonen motor yacht Lumière has joined the charter market with charter central agent Swisspath Yachting.

She will be available for charter in the West Mediterranean starting from July 2024.

✨Special offer: Edmiston announced that the Owner of the 50-metre Codecasa motor yacht Mariu has extended the off-season weekly charter rate of €150,000 p/w for selected dates from May to September onwards.

These dates include: 📆

• 9th May to 8th June 2024

• 11th to 19th September 2024

• 30th September onwards

Get in touch with Edmiston for more details.

📣 New fleet entry: The 38.65-metre motor yacht Pareaki II has joined the charter fleet with Istion Luxury Yachts.

💰Special offer: Parsifal Yachting is offering a 10% discount on low season charters onboard the 26-metre motor yacht Efmaria.

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CHARTER PHOTO OF THE WEEK

🌊 Did you know that the 85.5-metre Oceanco motor yacht Sunrays boasts three Jacuzzis and one large Jacuzzi/pool? Pictured below is her stunning aft deck Jacuzzi.

She can be chartered with Edmiston in the Mediterranean this summer.

DESTINATION SPOTLIGHT

Travel Inspiration: The Bahamas🏝

The Bahamas is a dream destination for travellers seeking natural beauty, vibrant culture, and a slice of paradise.

With its proximity to the United States, just off the coast of Florida, this enchanting collection of islands is easily accessible for tourists looking to escape to sun-kissed beaches and turquoise waters.

The geographical location of the Bahamas, spread across 700 islands and 2,400 cays, gives visitors an incredibly diverse range of landscapes to explore.

Don’t miss:

🏖 Endless stretches of pristine, white sandy beaches invite visitors to relax and soak up the sun.

🐠 The vibrant coral reefs that encircle the islands offer an underwater paradise for snorkellers and divers, where they can discover colourful marine life and awe-inspiring shipwrecks.

🤿 The famous Andros Barrier Reef, the third-largest in the world, is a must-visit for avid divers.

POST OF THE WEEK

@yacht_entourage shared this video of a secluded island in The Exumas, the Bahamas. The 60-metre Amels motor yacht Entourage can be chartered through Moran Yacht and Ship in the Bahamas/Caribbean and the Mediterranean.

yacht_entourage

View more on Instagram

Click here to watch the video!

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