Shipyards See Superyacht Purse Strings Loosen

Shipyards along the East Coast have felt the sting of the down economy since 2008, but many report signs of an upswing in business. While new construction of superyachts remains slow domestically, the market for refits and maintenance has seen strong gains. “You can only defer maintenance for so long,” said Vance Hull, Director of … Continue reading Shipyards See Superyacht Purse Strings Loosen