Home Back Issues September 2007 Mega-yachts sell faster than Vancouver shipyard can build them

Mega-yachts sell faster than Vancouver shipyard can build them

| Print |  Email
Archives - September 2007
Saturday, September 01, 2007

yacht0907.jpg
AHOY
Hull 035 is 160 feet in length and can hit speeds of 17 knots. Sorry, it’s been sold.

In the realm of dream purchases, yachts rank near the top. However, today’s mega-yachts, those longer than 150 feet, are rarely seen in Oregon. If the choice falls between sipping cocktails on the aft deck in Portland or meeting the vessel in the Riviera or Caribbean, which would you choose?

The best place to see these water beauties is the Christensen Shipyard in Vancouver, Wash. Christensen is a 27-year-old luxury yacht-builder, known not only for its mega-yachts but also for detailed interior woodwork. The company’s 450 employees are gearing up for the 2008 launch of their first vessel in the custom 160-foot series.

Christensen began the custom series about three years ago and produces about five yachts in each series, says John Lance, marketing and advertising director. The 160 series began last year. Each yacht takes an average of 28 months to build from the fiberglass composite hull to the inlaid marble in the main cabin.

While no two custom series vessels are alike, Lance explains that each follows the same basic layout. In the 160 series that includes six staterooms, quarters for nine crewmembers and a four-floor elevator that travels through all three decks and the flying bridge.

Christensen finishes about three yachts per year and has six under construction. However, custom-series yachts are selling before the company has a chance to start construction, says Lance. In fact, hull 036, the latest edition to the 160 series, recently sold to a U.S. buyer but won’t be ready until 2010. No word on the number of Oregon buyers; Christensen guards client information closely.

This luxury item comes with a hefty price. Christensen custom 160 yachts cost about $35 million. Unlike a cigar or handbag, though, classic yachts rarely go out of style.  

COLLEEN MORAN


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Podcast: Interview with Steve Balzac

Contributed Blogs
Tuesday, August 19, 2014

082014BalzacBY TOM COX | OB BLOGGER

Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."


Read more...

Register for 100 Best Companies survey

News
Wednesday, August 20, 2014
OBM-100-best-logo-2015 150pxwBy Kim Moore | OB Editor

The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Managing family assets: The importance of planning ahead

News
Friday, August 22, 2014
Unknown-1BY CLIFF HOCKLEY |  OB GUEST CONTRIBUTOR

When business intersects with family, a host of  situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.


Read more...

Private liberal arts education: superior outcomes, competitive price

Contributed Blogs
Tuesday, August 26, 2014
0826 thumb collegemoneyBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?


Read more...

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

Shipping News

September 2014
Tuesday, August 26, 2014
BY JENNIFER MARGULIS

In 2012 The Dalles, a city of some 14,400 located 75 miles east of Portland and often seen as the poor cousin to adjacent Hood River, completed a massive project to revitalize its dock.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS