Tuesday, July 22, 2008

Title: Megayacht Marinas
Source: Forbes
Date: July 22, 2008

From the article:
    A 400-foot ship enters a harbor...

    The beginning of a joke? Not exactly, but it does pose an interesting question for the yachting industry: Then what happens? As the number of megayachts on the seas continues to grow, only a limited number of marinas can accommodate these giants, and competition for slips is fierce.

    There are more 2,000 megayachts in the world, and that number is growing. Since 1997, the number of megayachts built has increased 400 percent. While the definition of a megayacht starts with a length of 80 feet, those that stretch more than 200 feet constitute the most rapid sales growth.