page 1
page 2
page 3
page 4
page 5
page 6
page 7
page 8
page 9
page 10
page 11
page 12
page 13
page 14
page 15
page 16
page 17
page 18
page 19
page 20
page 21
page 22
page 23
page 24
page 25
page 26
page 27
page 28
page 29
page 30
page 31
page 32
page 33
page 34
page 35
page 36
page 37
page 38
page 39
page 40
page 41
page 42
page 43
page 44
page 45
page 46
page 47
page 48
page 49
page 50
page 51
page 52
page 53
page 54
page 55
page 56
page 57
page 58
page 59
page 60
page 61
page 62
page 63
page 64
page 65
page 66
page 67
page 68
page 69
page 70
page 71
page 72
page 73
page 74
page 75
page 76
page 77
page 78
page 79
page 80
page 81
page 82
page 83
page 84
page 85
page 86
page 87
page 88
page 89
page 90
page 91
page 92
page 93
page 94
page 95
page 96
page 97
page 98
page 99
page 100

AUTUMN 2009I sea& iI93 including a sauna, freestanding bath, his- and- hers sinks, and a separate shower. The master suite also has its own private companionway leading up to the aft cockpit on deck. Moving forward through the guest accommodation, there are four other cabins located off the central corridor. To port, a double VIP cabin forward has a connecting door through to a study- cum- television lounge aft, which can itself be pressed into service as an extra double cabin - the sofa converts to a very comfortable bed, and there is ample wardrobe and storage space to take a good amount of luggage. A dayhead at the aft end of the corridor, complete with shower, doubles as the head for this extra cabin. To starboard, two en suite cabins offer single beds which can be converted to king- sized doubles, and each has a Pullman berth to cater for extra guests or children. As daylight fades to dusk in the bay, all is quiet on board Ethereal. Carefully attended to by her enthusiastic, friendly and unobtrusive crew, all thoughts of the incredible amount of work and research that has gone into this yacht have faded too. It is perhaps one of the biggest ironies of Ethereal that her sound insulation is so effective, and she is so efficient under batteries alone, that you don't even realise there are systems running in the background. But then, that is the point of relaxing on a yacht like Ethereal - being able to revel in the pure pleasure of your own, private luxurious world without distractions. ¦ For further information on chartering Ethereal, please contact your nearest CNI charter broker, see page 8 for details. Photography: Jeff Brown SPECIFICATIONS LENGTH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .58m ( 190' 5) BEAM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11.4m ( 37' 5) DRAFT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4.9m ( 16') BUILDER . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Royal Huisman YEAR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2009 STATEROOMS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 GUESTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10 CREW . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9

94Isea& iIAUTUMN 2009 T he overnight market collapse at the end of September 2008 triggered a change, and most probably an irreversible one, in the large yacht industry. Offers were withdrawn, build contracts cancelled and existing contracts left as Owners chose to invest their funds either in other opportunities, or to use themto protect their current business interests. Sellers were left facing the prospect of extended ownership, in the anticipation of an absence of Buyers prepared to pay the premiums often achieved in the preceding few years. But the immense joys and privileges derived from being afloat are still the same. Opportunities for the cash Buyer and the most demanding of Charterer remain available, and for this reason the market in 2009 is in many ways stronger, and certainly more interesting, than in previous seasons. All aspects of the yacht industry need to continue to adapt and change. There will be no overnight return to yesterday, no quick fix back to the market we all knew. Instead companies need to offer better service, a wide range of specialised skills, and focus on their core business ( that of a service industry) in order to succeed and grow. In so doing they will be able to influence the market in a positive way, offering sound experienced advice. Pedigree and experience will now prevail. It is with every hope and expectation that the second half of 2009 will see the experienced brokers offer the best opportunities to their clients with impartiality and expertise. This is what has concluded the recent spate of large yacht sales, and what is required to continue these deals throughout the remainder of the year. It takes a shake up for the cream to rise to the top and this will be apparent as we enter boat show season and the deals available at this time. ¦ For further information and to have a complete overview of 2008 superyachting business, log onto www. camperandnicholsons. com/ superyachting- index- 2009 The latest Camper & Nicholsons International ( super) Yachting Index 2009, released in July, looks at the year 2008, with data on both sales and charter for the year. Toby Walker, CNI's Director of Sales, summarises his views on the current situation of the superyacht market for 2009, in anticipation of the next edition to be released mid- 2010 Superyacht business CNI listings