Clipper Oil: Summer 2022 Yacht Newsletter

Summer Yacht Newsletter

July 2022

Unusual Summer on the French Riviera as Russian Superyachts Flee

The French Riviera is looking slightly different this summer: the Russian superyachts that can usually be spotted gliding across its sparkling blue waters are nowhere to be seen.

Facing sanctions for their ties to President Vladimir Putin and support for his invasion of Ukraine, Russian tycoons are squirreling away their multimillion-dollar yachts in places where they are less likely to be seized by the US and other governments. Once in sanctuary, the vessels are staying put.

“It’s really rare to see megayachts staying in one port for months at a time, especially during the summer” when tycoons like to show off their yachts along the southern French coast, said Denis Suka, a social media influencer known as the Yacht Mogul who charters and helps sell vessels for clients. (Source: Bloomberg) Continue Reading

Monaco Becomes Capital of Advancing Yachting Towards a More Sustainable Future

Innovation, progress and sustainability: these are the goals of the yachting industry going towards a more responsible future led by initiatives promoted by the Yacht Club de Monaco under the umbrella of Monaco Capital of Advanced Yachting. “Monaco," underlines Jean-Marc Bolinger MB92 CEO, "can play a significant role in advancing the industry as a whole. It is a very significant hub which has a huge influence on the industry and can make a difference. Now there’s an understanding that yachting needs to change. There’s no doubt that yachting can be a model for the rest of the industry. Yachting has to some extent the time and money to drive change and we believe this is something that needs to be done in any case.”

Among the actions put in place to raise awareness about carbon emissions figures is the SEA Index. This tool, by the Yacht Club de Monaco and Credit Suisse, evaluates the energy intensity of superyachts over 40 meters on a scale from 0 to 5. “Very little data is required: we just need," says Natalie Quevert, Sea Index head of project, "the gross tonnage, the power of the engines and the generators. With the SEA Index tool superyacht owners get a visual snap-shot of the carbon intensity of their yacht.”

(Source: Bakersfield.com) Continue Reading

Borrow A Boat, the 'AirBnB' of Boats, Raising Over USD3 Million

Founded in 2017, Borrow A Boat has access to over 45,000 boat rentals and yacht charters in 65+ countries including the UK, the Mediterranean, the Caribbean, North America, and South East Asia.

The raise follows accelerating growth and revenues in 2022, expansion into several new countries and three acquisitions in the last 12 months of competitors Helm, Barqo and Beds on Board. The business is currently planning a world first for a boat charter marketplace – to IPO.

Matt Ovenden, CEO & Founder of Borrow A Boat says: “In 2017, when Borrow A Boat was launched, the yacht charter industry was stagnant.

(Source: Business Matters) Continue Reading

New IGY Ibiza Superyacht Marina Launches in Spain

Ocean Capital Partners, Island Global Yachting and Grupo Empresas Matutes have signed a temporary concession agreement to operate a superyacht marina in the Port of Ibiza, Spain, which will be branded IGY Ibiza Marina.

Welcoming yachts this summer, the marina will provide select services to vessels between 20 to 120 metres (65 to 393 feet). The marina also will be one of the only locations in the Balearics where large yachts can conveniently berth alongside a quay wall.

Post-summer plans for the marina incorporate adding superyacht power up to 1600A, fibre internet, CCTV, crew facilities, a modern marina office, boutique retail areas, and full concierge services. (Source: Yachting Pages) Continue Reading

The Top Mediterranean Yachting Destinations For 2022

A week yachting around the Med, but where to go? With charter holidays opening up endless whitewashed fishing villages, pebbly coves and remote islands to explore, the choice can be a little overwhelming. Time, then, to turn to the experts who spend their lives planning the ultimate charter holidays for and avid sailors alike. Bobby Bigio, a charter broker with Camper & Nicholsons International in Monaco, advises thinking about the experiences you want to have before deciding on a destination: "Do you want spend your days in glitzy beach bars and Michelin-starred restaurants, or does it sound better to sit in a local taverna or trattoria for an authentic local meal under the stars?"

"While there are always people wanting to cruise in France, Italy and the Balearics, the Eastern Mediterranean is rapidly growing in popularity. The focus is shifting towards Greece, Turkey and Croatia. If you've ever been fortunate enough to cruse there, it's easy to understand why!"

(Source: Luxury London) Continue Reading

10 Best Yacht Charter Destinations in the Caribbean This Summer

Picking from the most beautiful destinations in the Caribbean for the best luxury yacht charter vacation can be a difficult task simply because every island that is part of this remarkable geographic stretch is a tropical paradise. No wonder people from all over the world have the islands of the Caribbean on their travel bucket list.

The archipelago is located in the eponymous sea between the continents of North America and South America. It is a long chain of islands, starting from the west of the peninsula of Florida on the mainland US to the coast of Venezuela in South America.

(Source: Lifestyle Asia) Continue Reading