Is that the cause of weakness in the price or is it interest rates and material costs for yachts going up? What about the sories regarding the bushmaster replacemnents sitting at Bendigo in yard as braking issue not solved for 6 months. Don't believe it is the component supplied by VEEM ( tailshaft safety park brake) but only just solved by agreement with thales and govt to start accepting updated versions.
Long lead times for mega yachts and realistically there is other world $ out there to keep shipyards busy but it does add some uncertainity as obviously they were big spenders. I guess with sanctions the mega yachts are no longer the safe sanctuary they once were.
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