New York-headquartered Derecktor Shipyard has signed a long-term agreement with Fort Pierce and St. Lucie County in Florida to develop and operate the nation's first maintenance, repair and refit yards designed specifically to accommodate megayachts over 200 feet. The new yard, named Derecktor Ft. Pierce, will provide direct access from the Atlantic through Ft. Pierce inlet, … [Read more...]
Genting to Purchase 1MDB-Linked Superyacht for $126 Million
KUALA LUMPUR, April 3 (Reuters) - Malaysia will sell a superyacht allegedly bought with stolen funds from state fund 1MDB to casino operator Genting Malaysia Bhd for $126 million, in the first major asset sale by Kuala Lumpur to recover billions lost from the fund. The superyacht Equanimity is among assets allegedly bought by fugitive financier Low Taek Jho and his … [Read more...]
The Super Rich Are Buying $50 Million ‘Support’ Yachts to Haul Their Toys
By Devon Pendleton (Bloomberg) -- Sailing from port to port in peace and seclusion on a multimillion-dollar boat sounds appealing, but as any seasoned yacht owner can tell you, just cruising around can get a bit, well, boring. To fully enjoy your luxury vessel, you need diversions. Maybe a sailboat or fishing and diving gear. Possibly jet skis, a seaplane or … [Read more...]
Derecktor Selected to Operate New Megayacht Shipyard in Fort Pierce, Florida
Derecktor Shipyards has been chosen develop and operate the first purpose-built megayacht repair and refit yard in the United States located in Fort Pierce, Florida. The yet-to-be-built yard will be developed to service yachts of over 200 ft. and 900 plus tons. It will also include a 1400 ton mobile hoist (along with a 3500 ton or larger drydock) for the hauling and service … [Read more...]
Megayacht Attessa IV Involved in Fatal Collision with Fishing Vessel Off Southern California
The 332-foot megayacht Attessa IV was involved in a collision with a 65-foot sport fishing vessel off the coast of Southern California near the U.S.-Mexico border on Friday night, resulting in multiple injuries and one fatality. The U.S. Coast Guard said it medevaced one injured person via helicopter and rescued additional seventeen passengers from the sportfisher Prowler … [Read more...]