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

The 2014 List: The Top 33 Large Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.

 


Read more...

How to handle the unexpected

Contributed Blogs
Friday, March 28, 2014
03.28.14 thumb disasterBY TOM COX | OB BLOGGER

The next mysterious (or disastrous) event could be one that you or your team might suddenly need to respond to, probably under intense scrutiny.


Read more...

Workplace benefits

March 2014
Tuesday, February 25, 2014

Health care and vacations rule. That’s the consensus from our reader poll on workplace benefits that help retain and recruit employees.


Read more...

Car ignition recalls and lean product design

Contributed Blogs
Friday, April 11, 2014
04.11.14 thumb gm-gettyTOM COX | OB BLOGGER

The auto industry is starting to share more costs across manufacturers for complex and challenging design work, like new transmission design, and certain new engine technologies. What we’re not yet seeing is wholesale outsourcing of “unavoidable waste” components to specialist companies.


Read more...

Q & A with Chuck Eggert

News
Thursday, March 06, 2014
03.06.14 thumb pacfoodsBY HANNAH WALLACE | OB BLOGGER

The founder of Pacific Foods talks about why his company has flown under the radar in Oregon, how saving a family-run chicken hatchery has helped his bottom line and why he thinks organic food is anything but elitist.


Read more...

Spring thaw

News
Thursday, April 17, 2014
Spring ThawBY JASON NORRIS | OB BLOGGER

The “polar vortex” of 2014 seems to have finally thawed and we believe this change in weather will bring more sunshine to the U.S. economy as well.


Read more...

Leader's bookshelf

Contributed Blogs
Friday, March 14, 2014
02.06.14 BooksBY TOM COX | OB BLOGGER

Five books that will make you a better leader.


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