That's a bit shocking. Not surprising that it is POA as well. I wonder if project Victory in build at Fincantieri is a successor, probably not but my mind it just running wild.
My impression is these gigayachts are too expensive to maintain even for billionaires, unless you have oil or gas. Al Salamah was sold relatively quickly recently, to an African dictator´s son, but Serene and Eclipse will probably go to the middle east.
That is very logical..it is also the general thought that yachts cost 10 to 15% their build cost to maintain per year or so...
It is amazing the cash, liquid dollars, that these many times very prudent investors pour into depreciating assets (these yachts). And a lot of them spend, what, a month in total, maybe two, per year aboard them. I wonder if some of these -- the 100+ meter monsters, the Russian & Saudi toys -- get traded as well, within packages of other items, land, equity, mineral rights, etc., as Adnan Khashoggi did with a few of his yachts, I believe, or have their fees paid by 3rd parties, like the slush fund that BAE created to curry favor with the Saudi's.
Night in Puerto Rico Hi here you can find some new photos of Serene during night! MY Serene at Night in Puerto Rico | Flickr - Photo Sharing!
"Serene" is leaving the Caribbean bound for Panama. Staying in Panama or transiting the locks to the West Coast of the U.S?
According to its agent, Serene charters for €3,750,000, or $4,900,000 per week. Not bad! SERENE | Y.CO
That should include (BAD WORD), (VERY GOOD WORD) and (OH MY, CAN YOU SAY THAT IN INTERNATIONAL WATERS!) for a whole platoon.
Pics in Vancouver Good evening! I'm in Vancouver now... enjoy last photos of Serene Mega yacht Serene in Vancouver - BC, Canada | Flickr - Photo Sharing!
Hi, yes for the moment I have uploaded only one pic. I have a lot of work to finish before coming back to Italy, I went out only one evening to take pictures of the ship. I'll post something new once back to my home. Unfortunately is moored, so it's not easy to find a good point of view to shot it.
Really nice Nico! Great shot! For those who do not know where to go here is the direct link. All sizes | MY Serene in Vancouver night | Flickr - Photo Sharing!
Thank you so much! I would like to show you a special "function" of the external lighting but.... it will be for the next time I will be onboard.