It was not that long ago when companies involved in the yacht sales process had clearly defined areas of expertise, responsibility with relatively limited geographic reach.
They were new boat dealers in Virginia, a charter company in the Caribbean or yacht brokers in Seattle and the like. That has changed quite dramatically as is evidenced by the recent activities of two of the larger “yacht brokers” here in the US.
In April, MarineMax, based in Clearwater, FL and the nation’s largest recreational boat and yacht retailer, announced it had completed the acquisition of Russo Marine. Russo was the largest privately held boat dealer in the Northeast and served the Massachusetts and Rhode Island coastal markets.
MarineMax now has 56 retail locations in 16 states as well as operating MarineMax Vacations in Tortola. It sells new (16 brands) and used recreational boats and related marine products and services, as well as provides yacht brokerage and charter services.
At the beginning of May, Denison Yacht Sales, based in Ft. Lauderdale, FL, announced its opening of four new marina office locations – one in Annapolis, MD, one on the Hudson River across from the lower tip of Manhattan and two in Newport, RI. Denison Yacht Sales now has 19 sales offices (in 10 states) including one in Hong Kong, Puerto Rico, and the US Virgin Islands. The company currently provides complete yachting services worldwide, from sales (both new (six brands) and brokerage) and charter to yacht management and new construction.
In both instances the raison d’etre is to provide all the services their boating clients need, wherever they need them.
Latest Press Releases
British luxury yacht manufacturer, Fairline Yachts, has announced MP Yachts OY as a new dealer in Fi... Read more
Boot Düsseldorf – 19-27 January 2019 – Hall 6, Stand D21 Read more
Luxury British boatbuilder, Fairline Yachts, announces it is recruiting over 100 boat builders in a ... Read more
SUMNER, WA. (October 25, 2018) — Helly Hansen, the Norway-based global leader in sailing, today anno... Read more
British luxury motor yacht manufacturer, Fairline Yachts, is hosting the US debut of its new Targa 4... Read more
Shakespeare® Marine, world leader in marine antenna design, announces it is launching the, the world... Read more