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Superyacht market improving again after a protracted post-crisis slump

Wednesday, October 1, 2014 - 00:00
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Turning the tides: Yachts at Port Hercules during the Monaco Yacht Show. The number of superyachts sold in the first six months of this year rose 35 per cent compared with the same period last year - PHOTO: AFP

[PARIS] Selling Cakewalk hasn't been quite as easy as its name would suggest. The 86-metre luxury super-yacht with six sundecks, a baby grand Steinway & Sons piano and vast Italian marble his-and-hers' bathrooms has been on the market for three years. To ease the task, its sellers gave it