New Appointments Within CNI's Corporate Structure

CNI is pleased to confirm that Eric de Saintdo has been appointed Executive Chairman and CEO of CNI. Originally assigned both roles on a temporary basis earlier this year, Eric's supervising presence over the CNI corporation was made permanent after he demonstrated invaluable management skills and exciting company vision. As Chairman for almost six months, through his specialised knowledge of the market and his human qualities in tune with company values, Eric has laid the fundamentals of a promising and lasting future for CNI.
At the same time, as CEO, Eric met with his teams and together they came up with guidelines for a development strategy. To carry on this supervisory capacity, while relying on the new management he set up into business units, it was only natural and fitting that Eric conserve his role of CEO in order to assist and promote the Group’s project day to day.
Eric is extremely well regarded within the luxury yachting industry after successfully transforming the Cannes International Boat & Yacht Show from an annual yachting event into a celebrated international affair under his management.
Eric, who is considered today to be one of the central players in the yachting market, comments, “I am honoured and excited to accept such a position within one of the most celebrated companies in yachting and look forward to continuing and expanding CNI’s authority over the industry.”


Michael Payne, CCO
CNI is also delighted to announce the appointment of Michael Payne as CCO. Michael has moved over from CNI's Brokerage division where he worked for the past 17 years, establishing himself as one of the leading and most well respected brokers in the industry. Michael is actively involved with all aspects of the yachting industry, and holds a wealth of experience, knowledge, and a first class reputation. In his new role, Michael will oversee all aspects of CNI's brokerage division, and will be responsible for the sales teams at CNI. Michael comments on his new position, “It’s an exciting time for CNI and I’m delighted to accept this unique opportunity to play a key part in our new ventures.”

New additions to CNI’s Charter Management team
With the expansion of CNI’s management team, CNI welcomes D.J. Kiernan as its new Director of Charter Marketing, Worldwide. D.J.'s new position comes six months after joining CNI as Director of Charter Marketing in the US, a time period over which he showcased exemplary management skills and exciting marketing initiatives. D.J. has worked in the yachting industry for a number of years, holding both marketing and management positions. His previous role before joining CNI saw him successfully set up and manage the Feadship Charter Division.


Joining D.J. in the Charter Marketing Division in Monaco is Alex Garro, as Senior Charter Manager Nathalie Andreu as Charter Manager. Alex spent the last six years working as a charter manager at Select Charter Services. Prior experiences include working as crew on yachts, and 14 years of sales management. Alex is Spanish and lives in Villefranche Sur Mer.
Nathalie has most recently been working for YCO in Yacht Management. Prior industry experience includes working for Fraser Yachts for just under four years in sales, management, and charter marketing. Nathalie is French, and lives in Beausoleil.

CNI announce partnership with Camper & Nicholsons Marinas
CNI is pleased to announce a strategic partnership with Camper & Nicholsons Marinas, a company which has specialised in marina and waterfront development for over 40 years. The new partnership gives CNI clients a vast number of benefits, including exclusive berth ownership opportunities and unique access to expertise on marinas and berths. Furthermore, CNI will now have the ability to market and sell marina berths worldwide. Kurt Fraser, Sales & Marketing Director for Camper & Nicholsons Marinas, comments on the new partnership, “Our teams share the same values of quality and service excellence under the Camper & Nicholsons brand. We welcome this opportunity to help meet the berthing needs of their clients.”

CNI launch new website
CNI has successfully launched its new website. The new site has been meticulously designed by leading engineers to offer pages which are easy to navigate, delivering breaking daily news on CNI and the yachting industry. It also has an extensive lifestyle aspect, and provides invaluable insider tips on up and coming cruising destinations enabling readers to keep ahead of the trends. Furthermore, it allows clients to access privileged areas via password protected entry levels, all in collaboration with your charter and sales brokers. Future developments regarding CNI’s technological devices and offerings will be announced over the next few months.

Yogi wins ‘Most Innovative Yacht of Year 2011’
CNI are delighted that the 60-metre YOGI, sold and project managed by CNI’s Fernando Nicholson, built by Proteksan Turquoise with design by Jean Guy Verges, was awarded the coveted prize of Most Innovative Yacht of the Year 2011. Hosted by Yachts Magazine, the awards ceremony, held during the Cannes International Boat Show, celebrated innovation and great design. And the 60-metre Proteksan motor yacht YOGI certainly comes with several innovations. Among the best of these are the oversized windows and portholes along her superstructure hull, and a main deck pool area on the aft deck with a beach club area below. Located on the aft part of the main deck, the large pool has a glass skylight with a view down into the beach club below, which allows access to the bathing platform and side balcony area. YOGI accommodates 12 guests in six staterooms, including a master suite and VIP stateroom on the main deck, and a further three double cabins and one twin cabin, on the lower deck, as well as accommodation for 15 crew.

Young Designer of the Year Award 2011
On Monday 5 September, a group of the world’s leading superyacht designers met in London to decide the winner of the fourth annual Young Designer of the Year Award. The competition, sponsored by CNI, considers students of design and recent graduates and in the past has been responsible for uncovering some of the industry’s most exciting and innovative creative talents. Entries were submitted by talented youngsters from 15 countries including Bangladesh, the Netherlands, France, Great Britain, Italy, India, Indonesia, New Zealand, Taiwan, Russia and the USA. The judges scrutinised each entry in meticulous detail and, after much deliberation, selected five outstanding finalists and the overall winner. The winner will receive a cash prize of €5,000 and will also be invited to accept their award at the ShowBoats Design Awards gala evening on Tuesday 25th October in Palm Beach, in front of an audience comprised of yacht owners and the most influential members of the superyacht industry. The winning designer will also gain complimentary entry to the two-day Superyachts Design Symposium, which precedes the prize giving ceremony in Palm Beach and a discretionary two-week work experience attachment in an established yacht design office. Additionally, all finalists will have the rare opportunity to gain some first-hand industry experience at the kind invitation of Lürssen Shipyard, who will once again fly all finalists to Germany to visit their impressive shipyards in Bremen and Rendsburg.

The Young Designer of the Year Award 2011 finalists are Bill Coxon & Adam Koolman for Evolution, Michael Givens for KT, Jorge Jabor Pinheiro for Narwhal, Misha Merzliakov for Eva, and Nick Mezas for R & R. The winner of the Young Designer of the Year Award 2011 will be announced in Palm Beach on 25 October and published in the January issue of Boat International.

Sea & I’s Autumn issue out now
A magazine for the world’s most discerning travel connoisseurs, Sea & I’s latest offering includes recent industry news, top tips to finding the perfect Caribbean sundowner, advice on how to choose the right charter yacht, and original destination guides, as well as an in-depth guide to the finest watches on the market. Sea & I is available as an app and can be downloaded from the itunes store. http://itunes.apple.com/gb/app/sea-i-magazine-by-camper-nicholsons/id416801294?mt=8

CNI’s super(Yachting) Index is now online
The fourth edition of CNI’s (super)Yachting Index is now online. This year’s Index, which has once again been developed in collaboration with SuperYachtTimes.com, looks back at the yachting market in 2010, comparing figures not only with previous years, but also by country and nationality. The CNI (super) Yachting Index analyses data from both sales and charter services, and provides enlightening statistics on current trends, again giving numerical comparisons with previous years. The statistical report concluded a continued increase in results and figures across the industry, and highlights specific themes of interest to anyone involved in the superyachting industry – be they owners, charterers, brokers or employees.

The Marketplace today
After the recent shows of Cannes and Monaco, it’s clear the industry is afloat with many fine yachts for sale. However, with such numbers of yachts available to purchase, buyers can be extremely particular about finish. As a result, the sales market has become an environment where quality prevails and shipyards now collectively face the challenge to build, design and deliver sophisticated yachts unlike ever before. With reasonable prices and a wide choice, buyers are calling the shots and their requirements are steadfast. The shows saw a strong presence of new emerging markets at these recent shows, and many Russian, Asian and South American buyers took the opportunity to view the latest yachts on the market during the Cannes and Monaco shows.

Michael Payne, the new CCO of Camper & Nicholsons, gives his views on the current market stating: “This is a new and challenging time for the industry. With the number of new orders now increasing all the time, it’s very clear our clients are still passionate about yachts, which is fantastic. However, with the brokerage market so saturated with many yachts for sale, it has created a climate that demands high levels of proactivity. This winter, I believe the market will see a decent amount of sales as there are some spectacular yachts and opportunities available at the moment.”

EVENTS
Fort Lauderdale International Boat Show
The world’s largest yacht show is set to celebrate its 52nd event this October. Taking place between 27th – 31st October, the Fort Lauderdale International Boat Show will showcase a range of the industry’s most celebrated yachts.
CNI will have a number of yachts from its sales fleet on display, some of which are also available for charter, including the 43.3m (142’) Incentive from Palmer Johnson, the 34.11m (111’9) Symphony II from Westport and the 23.50m (77’1) Happy Fish from Hatteras. Further details on yachts to be displayed by CNI will be released nearer to the time of the show. For further information on access to the show please contact your CNI broker.

Monaco Yacht Show Report
CNI had another successful Monaco Yacht Show earlier this month, offering a fine display of yachts along with numerous social events to keep guests and clients entertained. This year CNI’s impressive show lineup included the 62.5m (205'05) Icon (co-presented with Merle Wood Associates), the 60m (196’85) Blue Eyes London from CRN, the 55.5m (182'09) Drizzle from Feadship, the 50m (164’04) TJ Esperanza from Amels, the 49.90m (163'71) QM of London from Benetti, the 43.30m (142’06) Enterprise from Perini Navi SpA, and the 37.14m (121'85) Marflow from Dutch Yacht Builders S.A. Once the sun had gone down, CNI hosted a number of eagerly attended social events, including an evening of cocktails at the Yacht Club de Monaco and beautiful a gala dinner, which was held in association with Rolls Royce Marine.

Newport Bucket Report
As official sponsors of the 2011 Newport Bucket Regatta, CNI brokers and clients were ready to cheer on the 16 yachts set to race in this celebrated annual sailing yacht regatta. However, with the unwelcome visitor in the guise of Hurricane Irene, the organisers were forced to cancel the event for only the second time in its 25-year history. Fortunately, after a quick strategic rethink by organisers, disappointment was quickly forgotten and owners and crew enjoyed a schedule packed full of entertainment, including a golf tournament, evening soirees and an aerobatic display.

BROKERAGE
Recent sales
CNI are pleased to report the sale of the 43.3m (142’) Pure Bliss. Built in 1997 by Palmer Johnston, then refitted in 2008, Pure Bliss is a perfect example of the quality, care and finish produced by one of the leading US yacht builders. Her asking price at time of sale was US$12,950,000.
Gaston Lees Buckley confirms the smooth purchase of the 32.92m (107’1) FX from Sanlorenzo. Built in 2010 by Benetti, FX had an asking price of €8,500,000 and was bought in fantastic condition. FX is to be renamed 'Erolia' by her new owner.

Refits
Steen Christensen announced the finalisation of the 46.6m (152’1) Paraiso’s extensive technical and interior refit. The refit, which was undertaken by Astilleros de Mallorca, included the installation of new engines and the entire renewal of the guest accommodation with a contemporary styled interior. Furthermore, the thoroughly redesigned fore decks now offer owners and guests far more dining and sunbathing areas. Paraiso is currently for sale with an asking price of €8,500,000.

CNI confirmed the completion of Ocean Phoenix’s major, eight-month refit earlier this month. The 23.4m (76’9) motor yacht’s interior and exterior underwent a complete overall and now boasts a fully conditioned deck and mast, a sanded hull, new equipment, a new galley, a new interior layout with an additional crew cabin and new upholstery. With her refreshed looks and new setup, this remarkable sailing yacht is now ready for a new owner to enjoy it’s lighter, faster, and improved performance, and has a revised asking price of €1,295,000.

New construction
Joining CNI’s fleet this month is the highly anticipated new yacht Wider 150’. This revolutionary new project is the brainchild of Tilli Antonelli and Fulvio Di Simoni, designer and founder of the famous Pershing Shipyard. Wider 150’ will be a composite yacht boasting numerous innovative features, including diesel electric propulsion, a seven metre long swimming pool, and a Tesla electric car. This 45.1m (147’1) motor yacht represents a truly unique purchase opportunity and is available through CNI broker David Seal, who will be working with the Italian yard to bring this concept to completion.

New to the sales fleet
Jeremy Comport announces the addition of the 32.62m (107’) Navetta 33 #2 to the CNI sales listings. Built by Ferretti in 2008, this motoryacht offers great comfort to all on board. She currently has an asking price of €5,500,000.
Charles Ehrardt welcomed the 28.27m (92’8) Geni to CNI’s sales listings. Built in 2009 by Overmarine Mangusta, Geni presents buyers with a fantastic opportunity to purchase a first class motor yacht.

Low Profile also joins CNI’s sales fleet this month. This 24.97m (78’8) motor yacht offers opulent accommodation for up to eight guests, large sunbathing areas and a fantastic selection of water toys. She is available to purchase through central agent David Seal and has an asking price of US$2,918,190.

Rytis Babravicius welcomes the popular charter yacht Oxygen as a new listing. Built by Baglietto in 2009, this 42m (137’9) motor yacht offers an avant garde Paszkowski interior, exceptional exterior deck space as well as tremendous internal volume. She also has a vast Owners suite on the main deck, two VIP cabins and two twin cabins below deck. Oxygen has an asking price of €16,500,000.

Exceptional price reductions
Jean Marie Recamier reports a price reduction on the fantastic 62.5m (203’4) Icon. Built by Icon Yachts in 2010, Icon has already proven one of the most successful charter yacht of her size and is now in better than new condition after her full paint job in Holland. She can accommodate up to 12 guests in six cabins and offers unique features such as a revolutionary bridge by Radio Holland, a luxurious interior designed by Studio Linse, an impressive beach club accessible directly from the lower guest cabins and a duplex master suite with forward panoramic views and an private outdoor lounge. Icon now has an asking price of €54,900,000.

Michael Payne announces a €1,000,000 reduction on the asking price of the 49.9m (163’8) QM of London. This massive reduction gives buyers the chance to purchase an outstanding example of the celebrated Benetti Golden Bay series at a remarkable price.

Jean Marie Recamier confirms an incredible price reduction on the truly spectacular My Petra. Built by Heesen in 2009, this 44m (144’4) motor yacht is a perfect example of one of the most popular designs to come out of the yard; a semi-displacement, all-aluminium, 4400 Class. She has been designed to make the most of outdoor living, thus, guests have a choice of distinct areas in which to sunbathe, lounge, dine or entertain. My Petra now has the revised asking price of €22,750,000.

Simon Goldsworthy confirms a revised asking price for Hana. This spectacular 43m (141’08) motor yacht boasts large windows and a modern interior which is flooded with natural daylight. Sleeping 11 guests, Hana offers a gym, oversized swim platform and an excellent range of watertoys. With the new asking price of €14,950,000 Hana presents an unbelievable purchase opportunity. Goldsworthy also reported the price reduction of the 27.1m (88’1) PK Boo II. This beautiful sailing yacht from the Trehard yard recently underwent a huge refit and now boasts a new galley, new bathrooms, a new nav station, as well as a full paint job and a new suit of sails. Her new asking price is €1,250,000.

Charles Ehrardt reports a fantastic €450,000 reduction on the asking price of the 34m (111’6) Celebration. This motor yacht is undoubtedly one of the finest pre-owned Ferretti Custom Line 112's on the market. Maintained to her superyacht standards, with no expense spared, this yacht is available for immediate delivery at the reduced asking price of €3,800,000.
Rick Morales relays a new asking price on Lady A. Built by Intermarine Savannah in 1998, and refitted in 2010, this Tri-deck now has an asking price of US$3,900,000. Equipped with a full range of innovative and desirable features, Lady A offers a fantastic opportunity to purchase a high volume cruising yacht.

CHARTER
Special Charter Offers
Charter one of the most sought after motor yachts, Hurricane Run, this winter at an unbelievable, one-off rate. Hurricane Run’s clean lines and contemporary interior have lead her to become a trusted option for guaranteed quality within the charter market. Outside, she boasts a vast multi-use sundeck and a full-width bridge deck lounge with full-width opening doors providing a spectacular terrace out at sea. Her large aft deck gives guests access to an even larger swim platform, creating an excellent area for swimming and water sports. This 53.5m (175’6) motor yacht is available in the Caribbean this winter and is offering $55,000 off her rate for the next two charters booked, with the weekly rate of $295,000.

Alternative Charter Destinations
The 64.5m (211’7) Silver Angel is heading to the Indian Ocean this winter. Vast in size, appeal and potential, Silver Angel is probably the highest volume yacht of her length in existence and perfect for world cruising. Her interior is elegant and sleek whilst her exterior offers an impressive array of dining and relaxation areas. Silver Angel’s weekly charter rate starts from €450,000.

The stunning 38.16m (125’2) Northlander offers the perfect vessel on which to explore the Adriatic this winter. Northlander is a beautiful example of a tri-deck motor yacht with a spacious and elegant interior. On deck she has vast spaces for relaxation and entertainment, ideal for both families and group of friends. Northlander accommodates 10 guests and her weekly charter rate starts from US$90,000.

Cruise the beautiful waters surrounding Israel this winter aboard Eclipse. Immaculate inside and out, Eclipse’s accommodation is split over three levels, offering guests privacy and space. What’s more, state-of-the-art entertainment systems can be found throughout her Terence Disdale interior. Outside, she has a variety of decks catering for different needs, including a private sundeck complete with Jacuzzi built for relaxing, a vast main deck ideal for alfresco dining, and an aft swim platform designed to give guests easy access to a wide selection of water sports equipment. Her weekly charter rate starts from €115,000 per week.

For further information and news please contact Miriam Cain, Publications & Communications Manager, Camper & Nicholsons International [email protected] +44 (0)207 009 1950.