Tag Archives: Yachts

The Super Yacht Industry in the Wake of the 2017 Hurricane Season

The author John ‘Mac’ McDonald, Owner of Mega Yacht Services,
originally hails from Newport, Rhode Island. He spent his early years
sailing lasers, 420s and 470s which initiated a life long passion for sailing and the ocean/water sports.  A career in finance pulled him away from the water for an extended period and he spent 18 years working on the Chicago and New York options exchanges. It was during this time that his burgeoning interest in food and wine led him to start exploring
investment opportunities in this sector. In 2015 he took the plunge and purchased Mega Yacht Services, a business established in St. Maarten 16 years previously. His business acumen and experience on Wall Street
provides him with a unique understanding of what high net worth
individuals want and expect from a service provider in this market. Mega Yacht Services is now entering a new chapter as John drives the
company’s expansion into Europe.


As St. Maarten recovers from the worst storm we have faced in over 100 years, it gives me a little time to reflect on the super yacht
industry and its past, present and future. Formerly dominated by sheikhs and tsars and Russian oligarchs, we are starting  to see a more diverse mix of people getting involved in the Super Yacht and Private Jet world. A new class of 30-something American tech
millionaires are entering the market for the first time with 54 meter motor yachts, along with new purpose-built expedition boats
running the Northwest Passage and heading to Antarctica. Along with new destinations, they’re bringing with them a change in the quality and type of the experience they expect. No longer are caviar and champagne nights on the yacht at anchor or at the dock the standard experience. These super yachts are starting to get used as designed, moving frequently between ports with support
crew moving along with the yacht, while private jets are tasked with dropping guests and owners at one port and picking them up
elsewhere at the end of the week. It’s a dynamic time in the luxury travel industry and I am looking forward to what is to come as the mentality incorporates more mobility, and as new ports open up, which means new opportunities.

This trend towards seeking out new experiences has led to more
super yachts towing ‘tenders’ (28’ to 40’ center consoles and even 35’ sport fishers) this season than ever in the past. They allow guests quick, dry access to more remote spots while aboard, or spots where the water is too shallow for the yacht. On one trip through the Northwest Passage, the towed tender was the thing that made the trip for the bosses and guests, giving them closer approaches to
icebergs and creating life-changing memories like seeing narwhals and other sea life surfacing next to the boat. As that owner and many others make plans for their next big trips, the towed tender will be a big part of the equation.

Along with new experiences come new challenges. These new must-see destinations include locations that are not accessible by general aviation for transfers. This has really opened the door for private jet charter companies to step up and offer destinations that are not easy to get to directly from normal aviation options.  As the yacht industry becomes more dynamic, transportation options have to
follow suit.  Clients who might have previously settled for a small commercial flight are now landing at private terminals, being
shuttled to the yacht via helicopter and then returning the same way, and discovering that they prefer it, for security and privacy as well as convenience.

It is an exciting time to be in this industry.  As far as purchases, we are seeing a smaller inventory in what is for sale in the 150’ to 170’ range; boats are moving and people are stepping up in size as
vacations become more bespoke and charter guests make the move to become owners. As mobile access and working from home or
remote becomes more commonplace, I expect to see more people using their yachts as an intrinsic part of their lifestyle rather than just for vacations and short breaks away from the norm.

John ‘Mac’ McDonald
Mega Yacht Services
Plaza Del Lago
Simpson Bay SXM
721.524.4608
mac@megayachtservice.com
www.megayachtservice.com

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Heading to the Miami International Boat Show?

Miami Boat Show

Are you heading to Florida to attend the Miami International Boat Show? Here is some helpful information to make your trip a success.

Miami International Boat Show

February 12th – 16th, 2015 – Miami, FL

Are you heading out to the 74th Annual Progressive Insurance
Miami International Boat Show
this month? The show will be held at three  locations in the area and will feature more than 3,000 boats and 2,000 exhibitors from all over the globe.

There is something for all boat enthusiasts to enjoy at the show! Learn more about the show exhibitors here.

Boat Show Schedule:

February 12, 2015 – February 16, 2015

Premier Day:

Thursday, February 12th:  10AM – 6PM

General Admission:

Friday, February 13th:  10AM – 8PM
Saturday, February 14th:  10AM – 8PM
Sunday, February 15th:  10AM – 8PM
Monday, February 16th:  10AM – 6PM

Show Locations:

1. Miami Beach Convention Center
1901 Convention Center Dr, 33139

2. The New Yacht & Power Boat Show at Sea Isle Marina
1635 N. Bayshore Drive, 33132

3. Strictly Sail Miami at Miamarina at Bayside
400 Biscayne Blvd, 33132

Show Admission:

Premier Day (February 12th) – $35

5-Day Pass (Good for all 5 days of the show) – $85

Friday- Monday
Adult – $20 (16 and older)
2-Day Pass – $35
Children under 15 – Free (must be accompanied by an adult)

Group Tickets are available for groups of 15 or more at at
discounted rate.

Purchase Tickets Here

Tickets are also available at the following locations on the days of the show:

  • Miami Beach Convention Center
  • Strictly Sail Miami at Maiamarina at Bayside

No tickets required for The New Yacht & Power Boat Show at Sea Isle
Marina.

Please call or email our Client Services team right away so we can provide you with the best flight options for your trip to the show!

We’d love to hear from you! Please follow us on Facebook, LinkedIn and Google+ for the latest news and updates from FlyPrivate.

Website: www.flyprivate.com
Email: fly@flyprivate.com
Phone: 1-800-641-JETS (5387)

All flights arranged by Private Business Jets, LLC DBA FlyPrivate are operated by Part 135 Certified Air Carriers. FlyPrivate will act as your agent for the purpose of obtaining charter service.

Heading to the Fort Lauderdale International Boat Show?

Fort Lauderdale International Boat Show

Are you heading to Florida to attend the Fort Lauderdale
International Boat Show
? Here is some helpful information to make your trip a success.

Fort Lauderdale International Boat Show

October 30th – November 3rd, 2014

Fort Lauderdale, Florida, the “Yachting Capital of the World”, will host the 55th Annual Fort Lauderdale Boat Show this fall. The show will be held at seven different locations in the area and in total will encompass over 3 million square feet of space.

There is something for all boat enthusiasts to enjoy at the show
including:

Boat Show Schedule:

October 30, 2014 – November 3, 2014

Prime Time Preview:

Thursday, October 30th:  10AM – 7PM

General Admission:

Friday, October 31st:  10AM – 7PM
Saturday, November 1st:  10AM – 7PM
Sunday, November 2nd:  10AM – 7PM
Monday, November 3rd:  10AM – 5PM

Show Locations:

1. Bahia Mar Yachting Center – 801 Seabreeze Blvd., 33316
2. Hall of Fame Marina – 1 Hall of Fame Drive, 33316
3. Las Olas Marina – 240 E. Las Olas Circle, 33316
4. Broward County Convention Ctr – 1950 Eisenhower Blvd., 33316
5. The Sails Marina – 2150 SE 17th Street, 33316
6. Pier 66 Marina – 2301 SE 17th Street, 33316
7. Fort Lauderdale Hilton – 1881 SE 17th Street, 33316

Show Admission:

Prime Time Preview (October 30th)
$38 online or $40 at the show

2-Day Ticket:
$40 online or $42 at the show

General Admission:
Adult – $22 online or $24 at the show
Children, ages 6-15 – $7 online or $9 at the show
Children under 6 – Free

Tickets (cash only, ATMs nearby) are available from the box office at the following locations on the days of the show:

  • Bahia Mar Yachting Center
  • Las Olas Marina
  • Las Olas Riverfront
  • Broward County Convention Center

No pets allowed besides service dogs.

Boats and Yachts on Display

  • Runabouts
  • Sportfishers
  • High performance boats
  • Center consoles
  • Cabin cruisers
  • Flats boats
  • Skiffs
  • Express cruisers
  • Sailing yachts
  • Motor yachts
  • Bowriders
  • Catamarans
  • Ski boats
  • Jet boats
  • Trawlers
  • Inflatables
  • Canoes
  • Superyachts

Please call or email our Client Services team right away so we can provide you with the best flight options for your trip to the show!

We’d love to hear from you! Please follow us on Facebook, LinkedIn and Google+ for the latest news and updates from FlyPrivate.

Website: www.flyprivate.com
Email: fly@flyprivate.com
Phone: 1-800-641-JETS (5387)

All flights arranged by Private Business Jets, LLC DBA FlyPrivate are operated by Part 135 Certified Air Carriers. FlyPrivate will act as your agent for the purpose of obtaining charter service.