Dutch super-yacht makers are recession-proof
ROTTERDAM – In 2012, Dutch yards delivered 18 super-yachts worth €5.7 billion and won orders for 14 new ones, valued at €5.6 billion, according to Scheepsbouw Nederland, the umbrella group of all Dutch shipbuilders and maritime equipment makers.
It said Dutch yacht builders began 2013 with order books totaling 59 yachts _big and small _ valued at €52.2 billion. “After a drop off in 2010 and 2011, it looks like yacht manufacturing is seeing an upswing again. Most yards say their order books are slowly filling up,” the group said in its 2012 annual report.
It said simple numbers “don’t readily show that. The total of orders may be down in numbers, but their combined gross tonnage is up.” The group said that points to demand for larger and pricier vessels. “There is sufficient demand for the biggest yachts, even though prices are under pressure,” it said. It reported that demand is rising from Asia, especially China. “The Russian market, too, is back somewhat. The US remains the dominant market.” The report said the market for super-yachts _ vessels of 24-m and longer _ is dominated by a few nations. Germany is the market leader, followed by the Netherlands, Italy and Turkey.