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

Innovation: a critique

News
Wednesday, October 08, 2014
1008 innovation thumbBY LINDA BAKER | OB EDITOR

A Design Week panel discussion raises questions about how innovative we really are.


Read more...

What I'm Reading

September 2014
Wednesday, August 27, 2014

Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.


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...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


Read more...

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

Podcast: Turn Things Around with David Marquet

Contributed Blogs
Friday, October 17, 2014
davidmarquet thumbBY TOM COX | OB BLOGGER

How can you move from a command-and-control leadership model to one of true empowerment and accountability? David Marquet did, and he took notes along the way.


Read more...

A Recipe for Success

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Two businesswomen, two iconic food brands and one food-obsessed city. We thought this sounded like a recipe for good conversation. So in late August, Oregon Business sat down with Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, to discuss their rapidly expanding businesses and Oregon’s trendsetting food scene.


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