Under-construction: Alurib Tender + foils




Currently under construction and for sale is the Alurib tender.

This is a very peculiar vessel that can be used like a normal leisure RIB or for more heavy duty uses at diving schools, marine research expeditions, and military applications.

 

One of the main advantages of a non-inflatable tube is that it provides a large and well distributed storage area.

In our case we are studying a foldable wings system to turn this vessel into a small-size hydrofoil that can serve both the leisure market and the workboat market.

The price range of the vessel depending on the installed power will vary from 150k-250k euros.

Contact us for more details

 

 

UPDATE: Aicon Yachts bankruptcy auction – new yachts at 90% less – Auction

UPDATE: The live auctions are starting again as of Sept 2017 – Our company is bringing forward several clients offer if you would like to join our clients please contact us and save thousands in valuation cost, legal costs, translations, logistics, and refitting work. 

Once it was Aicon Yachts and it was designing and building, award winning yachts sold worldwide including a line of open/coupe fast yachts (Aicon 62 and Aicon 72) that made several appearances on the  U.S. TV series CSI. Its designed was imitated by several other yacht builders. It built for and delivered to NBA stars like Glen Rice (Aicon Yachts 64 Flybridge named G-Force) and several other celebrities.

— PLEASE READ THE UPDATE AT THE BOTTOM OF THIS ARTICLE–

To make the long story short the crisis took its toll on Aicon Yachts and not too long after its IPO on the Milan Stock Exchange the company had to file for bankruptcy.

Today a large quantity of Yachts between 54 and 110 feet are available on auction and among them a large number of units of Aicon 62 in various stages of construction some of them are over 95% finished and it would not take much to get them ready and launch them.

Aicon Yachts Navetta 110

Aicon Yachts Navetta 110

Aicon Yachts has been a client of our firm much before the IPO, therefore we are very familiar with their production lines, production managers, designers, engineers and a lot of the very valuable workers that made this company. It was indeed quite an impressive growth from 0 to over 100 units per year in less than 10 years. Despite the unlucky epilogue of the company itself there are still hundreds of people enjoying their Aicon yachts in all corners of the world.

For those in the industry it is an opportunity to acquire assets (boats or machinery) and for individual investors (with our support) it is a unique opportunity to acquire interesting yachts at a fraction of what they would cost even pre-owned.

We are in a unique position to offer support to individuals and companies that want to seize the opportunity to acquire one or more of these vessels in order to finish them and resell them or charter them.

Our team is available to support buyers in the following steps:

  • Yacht Acquisition and Budgeting of the works to be done
  • Yacht transport before and/or after refit 
  • Yacht Registration, flag, insurance
  • Interior design and interior fittings project management 
  • System Engineering and installation 
  • Where applicable [0 hours engines]; Insurance Warranty for vessels to be registered as new units 

The Original Production line of Aicon Yachts consisted of the following vessells:

Aicon 52 (dismissed for stability issues)  [Flybrigde Model]

Aicon 54 [Flybrigde Model]

Aicon 56 (Best Seller) [Flybrigde Model]

Aicon 56

Aicon 64 (Award Winner) [Flybrigde Model]

Aicon 64

Aicon 62 Open/Coupe 

Aicon Yachts 62 open

Aicon 72 Open/Coupe 

Aicon 72

Aicon 75 [Flybridge Model] 

Aicon 75 -Aicon Yachts bankruptcy auction; new yachts at 90% less - Auction

Aicon 85 [Flybridge Model] 

Aicon Yachts bankruptcy auction; new yachts at 90% less - Auction

Aicon 110 Navetta [Never Completed – see image below] 

Aicon Yachts bankruptcy auction; new yachts at 90% less - Auction

Aicon Yachts Navetta 110

The prices of the vessels at auction go from €20,000 to €240,000 depending on the vessel and at what stage of construction that is. – The retail prices of these vessels were between €650,000-€3M+

 

UPDATE: A lot of the vessels (as you can see by clicking on the judicial auction website below) have been already sold and some of them have been pre-selected by a few of our clients for the next round of offers. The next round of offers will be presented as early as Sept 2017, thus contact us (+44 7445 30 86 22) if you would like our assistance with the following process to acquire one or more vessels.

Process and Requirements:  (Pre-Acquisition)

  1. Preparation of offer document and estimate of suitable offer and related cautionary fully refundable deposit of 10% of the offer value for the court to validate the offer.
  2. Legal and technical translation of the offer document into Italian according the Italian court requirements
  3. Inspection of the vessel by our naval engineering team on our client behalf to make sure that at time of offer the Bankruptcy Court has described the object accurately to the most current status
  4. Budgeting of the works needed to get the vessel up to the required standard of the naval registry and ready for launch (as per client requirements)

Process and Requirements:  (Post-Acquisition):

  1. Coordination of the logistic to move the vessel to the chosen destination
  2. Ownership registration and flag (where applicable for finished vessels and if required by client)
  3. Work scheduling and technical supplies provision
  4. Contractual arrangement with the Shipyard recommended to carry out the necessary works
  5. If/where needed; naval engineering and architecture to customise the vessel acquired upon request by new owner.
  6. Shipyard work supervision and coordination if/where needed and requested by client.
  7. Booking and coordination of the Naval Registry (of choice) inspector visit and pre-visit compliance check.
  8. Launch of the vessel and delivery to the client chosen port or support in finding mooring space for the vessel in the client chosen area and transport of the vessel to destination (on Wheels or by Sea).

NOTE of Full Disclosure: Rodriquez Consulting does not get a commission on any of the boats acquired the service we provide are of use during the acquisition and billed separately and after the acquisition if you choose our company to manage the works each vessel will need after acquiring any of the vessels subject of this auction. 

If you would like to know more about what vessels are still available you can use this link Aicon Yachts AUCTION

The Last New Morgan Yacht 70ft is available to buy 50% off the RRP

Very recently we received a phone call that was pleasantly surprising . The Morgan Yacht 70 feet that was almost ready to be launched a few years ago  (and never was) had being brought out of a messy situation involving the bankruptcy of Aicon Yachts and liquidation of its asset.

The Morgan Yacht 70 was originally designed after the smaller sister the Morgan Yacht 130ft initially sold to Ferrari CEO, Cordero di Montezemolo.

A shipyard owner that we trust had been involved in moving the vessel on land and is involved in ‘refreshing’ it as the vessel was covered in the shipyard for quite a few years during the legal issues of Aicon Yacht that had acquired the brand in most recent years.

The vessel represents maybe the last opportunity to acquire a new (under full warranty) Morgan Yacht 70 at a very competitive price in the region of euros 1.1m with 0 hours on the engines and full warranty on all its Morgan Yacht 70components.

This vessel was proposed well over Euros 1.7m-2.1m (depending on the customisation required) in the past. In other words this is a unique off-market opportunity to acquire a vessel that will surely become a collector’s item.

For more info get in touch   +44 203 608 18 64

Is Investing in Yacht Charter profitable today? Yacht Charter Market Analysis

In 14 years of business at Rodriquez Consulting we have served a variety of Yacht Charter companies and private owners who were keen on chartering their yachts. More often than we would expect we get asked the usual question: Is yacht charter profitable and/or is it a good business to get in?

In many industries the above questions would be rather simple questions to answer. However, in the yachting industry answering these questions with anything else other than “It depends..” requires us to get into more details. At the very least, we need to get into the specifics of the size segment you choose, primary geographic area and the yacht charter business model that you intend to implement.

To most people Yacht Charter rates seem to be very high as an absolute per-week-value, but are they high enough when you consider the cost of the asset/s (the yacht/s) and its running costs? The latter can have a very large range as variable costs depending on how and where the vessel is managed and can make a significant difference. Ultimately, it the acquisition price (the price of the vessel) that is crucial but the variable and fix costs are the ones that can determine whether the operation (your yacht charter business) is profitable or not.  If you are looking to build a business plan to charter yachts and get in the business this article will be useful, however, you might want to contact us for more ad-hoc support. Read more

New trends in yacht building: Hydrofoils

Thanks to the Americas Cup and the associated media exposure, it seems that ,at last, the world of leisure boats and yachting is ready to start considering hydrofoil technology as a viable technology. We could not be happier as the Rodriquez family pioneered hydrofoils more than 65 years ago (see History). Indeed, in 1951 when Carlo Rodriquez was building the first commercial hydrofoil for passenger transportation purposes no marine transportation company was farsighted enough to see the future which was being written. Carlo, had to start his own high speed transportation company(SNAV) to prove to his shipyard’s prospective clients that hydrofoils were not a dream but a solid reality. The company was SNAV (Società Navigazione Alta Velocità) and it was effectively raising the bar by an average 20-25 knots in every-day marine passenger transportation.

The model was the Pt20 which was travelling at with 70 passengers at 30 knots cruise speed powered by one 1350hp engine built on specs by Mercedes marine (now MTU).

Only in the 70s a yacht version of the Pt20 built by Rodriquez was used by the James Bond’s movie Thunderball (See footage below)

Many years later the now super famous company Hobie Cat headed by Greg Ketterman  applied hydrofoil technology to build the world’s fastest production sailboat, namely the Trifoiler. Then noticed that the market wasn’t yet ready to enjoy this speeds as hydrofoils were yet not considered safe enough.

In 2013-2015 it seems that the time is finally right for the boaters to start foiling and quite a few shipyards are moving the first steps around this technology. One example in the sailing world is Gun Boats (http://www.gunboat.com) with their

G4 foiled catamaran.Sailing hydrofoil Gunboat g4

We are not sure that catamaran are the safest route to take when hydrofoil technology is applied for the general public outside of the insanity of the race boats of the Americas cup, however, it’s certainly through experimenting that innovative solutions and control systems will be developed and implemented in the leisure boat industry.

Hydrofoil technology is essentially aimed at maximising the efficiency and lowering consumption and we did not have to wait to long to see the first few examples of electric hydrofoils for private use such as the Quadrofoil. (image below)

Quadrofoil- electric hydrofoil

In mid-sized power catamaran there are mild applications of foil technology (Foil assisted boats) like the on of South Africa based company  Hysucraft (www.hysucraft.com).

Even in the world of board sports the trend seem to have exploded with foiled kite surf, windsurfs, regular surf board.

In 2015, we actually stumbled upon an event dedicated to hydrofoil technology called the Foiling Week (www.foilingweek.com) and we plan on getting more information on the topic and keep you up to date.

The trend on hydrofoil technology is doubtlessly here and most probably it’s here to stay and will be be significantly boosted by the media exposure of the Americas Cup.

At Rodriquez Consulting we hope that this trend will not be taken lightly from a technical point of view. It would be best to avoid the ‘Just add foils’ type of attitude of shipyards venturing in this technology. After all when the Rodriquez shipyards started building hydrofoils those were operated and maintained by professionals and the R&D behind each project was significant. A professional, serious approach to hydrofoil technology guaranteed many decades of safe operations (some of the earliest hydrofoils are still moving passengers around the world).

The hydrofoil technology implemented on pleasure boats requires an even more thoughtful technical process to avoid vessels that are not technically sound to go out on the market to non-experienced pleasure boaters.

If your company is considering investing or is already developing a hydrofoil project, go ahead and contact us for technical and strategic support.  Hydrofoils[@]RodriquezConsulting.com  or use the contact us form

Upyacht; finally a yacht sharing membership company that makes sense

Upyacht.com

In the world of the sharing economy some companies have come out trying to shake up the yachting industry but in our view all of them have not really cracked the fundamentals that would really enable them to do so.

A lot of the companies we have seen that position themselves towards the Airbnb of boating have done a very good job in listing boats and trying to simplify the booking process for renting a boat. One of the few issues we have seen is that very few of them have truly understood that boating is not the process of renting an asset but rather that of delivering an experience.

In the the difference between renting out assets (boats/yachts) and delivering and experience lays the recent success of companies like The Yacht Week which in truth haven’t revolutionised the market but have identified a target and have made a great job at delivering to a specific 20-somthing target market that essentially requires a alcohol-loaded boating experience.

UPyacht has caught our attention because of its unique membership model which isn’t a share of ownership on a specific boat which would inevitably come with liability and maintenance costs, but simply credit to enjoy boating experiences or boat-time to do whatever one decides to do. Membership makes very much sense in this business because, let’s face it, going on a yacht by yourself isn’t much fun unless you are solo-sailor doing The Race. So here they come with a fresh new concept and from what we have seen a solid set-up.

We have looked into their founding membership offer (agreement and T&C) which seems to be a limited offer that does make a lot of sense to us: In brief a one-time fee of £15000 gives you access to £5000 per year for 3 years worth of yachting with vessels ranging from 30 to 75feet (9-21 meters), their charter rate are published and this level of membership gives you 20% off of their listed price (including the high season) giving customers the possibility to choose their itinerary, share it with other members and friends. All their Yacht are skippered and experiences are from what we see orientated to a wide variety of customers, ultimately it makes sense for a family or even a company to purchase this kind of memberships where the credit can be used for a family holidays on a sailing catamaran or a wakeboarding weekend for the youngsters.  

For more information go to Upyacht.com and let us have your comment if you book a holiday with them.

Not your usual boat show: The Foiling Week – Hydrofoils for trial

All of those who work in the industry of luxury yachts are familiar with the big international boat shows such as Monaco Yacht Show the one in Cannes, Ft Lauderdale, Miami, Dubai and Genova.  However, thanks to hydrofoil technology getting more popular in the recreational boating industry, we recently stumbled upon a new breed of boat show. It’s a mix between a commercial boat show, a technical conference and a sailing sport event and it’s called The Foiling Week  where hydrofoils are for trial.

It’s only at its second edition (Starting on July 1st on Lake Garda) but we are pretty confident that it will grow and take place in many other places around the world. Did you say UAE?

With the push of the Americas Cup featuring a significant deployment of hydrofoil technology by its shameless contenders we believe The Foiling Week is the boat show format to make boat shows really interesting and exciting again.

Have a look at this video of the first edition:

If you are marina manager you might want to consider to host a Foiling Week.

For more information check out www.FoilingWeek.com