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Feadship News II

Discussion in 'Feadship Yacht' started by Yacht News, Sep 25, 2022.

  1. volfkan

    volfkan Senior Member

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    2026 delivery and still for sale
  2. Ace8

    Ace8 New Member

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    Is she already in outfitting? Is this a speculation build and what’s her price?
  3. volfkan

    volfkan Senior Member

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    early stage and speculation build,I cannot give price information.
  4. German Yachting

    German Yachting Senior Member

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    It’s too much from what I’ve seen.
  5. Ace8

    Ace8 New Member

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    There taking quite the gamble. One will be delivered 2025 and Thalassa 2026.
  6. German Yachting

    German Yachting Senior Member

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    I don’t know if they are all on spec builds. I believe they at least had some sort of deposit start and then the buyers backed out.
  7. volfkan

    volfkan Senior Member

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    Yachts of this size are sold quickly because customers with money do not want to wait. It is a risk for the company, but the profit margin is quite high with the brand image, this company is the one that created this type of market and is the leader of the market.
  8. German Yachting

    German Yachting Senior Member

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    These are all LVMH builds as well and they are well capitalized. They also have a higher price than the De Vries from what I’ve been told.
  9. Ace8

    Ace8 New Member

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    Interesting, how does Feadship distribute the projects between the two yards and how is van Lent in a position to charge a higher price? Can’t be quality I’d imagine
  10. German Yachting

    German Yachting Senior Member

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    They are two separate entities. While I don’t know the legal logistics, I’m assuming they have some non compete agreement between the two and I know they will refer to each other depending on the build slot.

    Van Lent is part of a publicly traded company so maximizing shareholder wealth is a bit more prevalent there vs the family owned De Vries. Most of the differentiation comes down to timing of build slots.
    Ace8 likes this.
  11. CapRoss

    CapRoss New Member

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    In terms of rebuilding, this is a rape. Destruction of a classic. Just think if these owners got their hands on Haida 1929 or Christina….
  12. Yacht News

    Yacht News YF News Editor

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    "Excellence V" Ex. "Como"/"Lady May" is for sale now asking $42,000,000.
  13. Yacht News

    Yacht News YF News Editor

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    Now out in the open and on sea trials.

  14. Yacht News

    Yacht News YF News Editor

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    After nearly 40 years of leadership, Henk de Vries III will retire as Director of Feadship and CEO of Koninklijke De Vries Scheepsbouw on 1 May 2025. He will continue as Feadship Ambassador, board member, and shareholder. Henk, who joined the family business in 1987 and became director in 1996, helped shape De Vries into a group of seven companies with over 1,200 employees.

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