All Press Releases for August 05, 2014

Superyacht Illusion Sold

The largest superyacht ever to be built in China is sold 16 months before delivery

    MONACO, August 05, 2014 /24-7PressRelease/ -- Fraser Yachts confirms its position once again as the world's leading superyacht brokerage with the announcement that it has closed on the sale of motor yacht ILLUSION, the largest superyacht ever to be built in China.

Jan Jaap Minnema who acted as the Central Agent for the sale of the yacht commented "I have been working closely with Pride Mega Yachts on this project for several years now. They have a thoroughly experienced team made up of experts from all over the world that are committed to delivering the high standards that we are accustomed to with European yacht building."

ILLUSION was first presented at the Monaco Yacht Show in 2013, along with the rebranded shipyard Pride Mega Yachts. Due to be delivered in October 2015 she measures an impressive 88.8m and offers a remarkable interior volume of 3,600 gross tons. Azure Yacht Design & Naval Architecture designed the yacht with the exterior styling created by RSD. The spacious interior which features fine woods, rare natural stones and exclusive metals was developed by Sinot Exclusive Yacht Design. Itay Simhony, Director of Pride Mega Yachts added, "This project underlines our professionalism, perfectionist approach and the superb craftsmanship we offer".

Fabio Ermetto, Chairman of Fraser Yachts concluded, "We are absolutely delighted with the sale of this magnificent yacht and it reinforces our belief that the market in Asia is developing rapidly. It also highlights the strength of the superyacht market at the moment which is currently experiencing the highest number of sales for the same period (Jan - May) since the GFC began. Not to mention Fraser Yachts' leading position in the large yacht market, with ILLUSION being the 5th yacht over 60m that we have sold in 2014".

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Fraser Yachts is the largest luxury yacht service provider in the world, with over 140 employees and 14 offices around the globe. Services include yacht sales, charter, yacht management, crew and construction, specializing in yachts over 30m.

Fraser Yachts is part of Yachtique, the world's largest luxury yacht services organization whose parent company is Azimut-Benetti Group, the largest manufacturer of luxury yachts and the world's largest private group in the yachting sector.

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For further information and high res images please contact:

Stephanie Weel
Marketing Executive
+377 93 100 480
[email protected]

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