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NorthReport | Issue 01 | Fourth Quarter 2021
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26 NORTH R E P O R T F OU R T H QUA R T E R 2 0 2 1 | I S S U E 0 1
CONTENTS
03 A LETTER FROMTHE CEO
04
NEW& NOTEWORTHY
05 HOWTHE LATESTWAVES INTECHNOLOGYARE SHAPINGTHE CURRENT SUPERYACHTING EXPERIENCE
08
11
AQ&AWITH NICHOLAS SCHERB, CO-FOUNDER OF 26 NORTHYACHTS
15
OFFSHORE BEACH CLUBBING
PRO-‘FILES’: SAILORS FOR THE SEA
18
LUXE LIVING
19
NAUTICAL GOLF 23
ELECTRICITY INTHEAIR: FERRARI IS TURNINGUPTHE HORSEPOWERWITHHYBRIDTECH
01
T A B L E O F C O N T E N T S
25
33
BOMBARDIER JETS: FACINGTHE FUTURE IN PEERLESS STYLE
THE EVOLUTIONOF AGEDBOURBON
29 FIVE OF THE HOTTEST LUXURYTIMEPIECE RELEASES OF 2021
36
DESTINATIONS
37
45
DESTINATION EXUMAS
41 AN EPICUREAN JOURNEY: THE BAHAMAS
DESTINATION TURKS & CAICOS
48
CURATED LISTINGS
02
T A B L E O F C O N T E N T S
WELCOME TOTHE INAUGURAL EDITION OFNORTH REPORT MAGAZINE. All of us at 26 North Yachts are excited to launch this one-of-a- kind magazine. Together with our editorial partners, we carefully curated and developed world-class content that aligns with the interests and lifestyle of our global clientele. Each edition of North Report will offer relevant news and engaging insights from the worlds of yachting, travel, automobiles, timepieces, fine spirits and more. We hope to fuel your passion for exploration, success, and the exciting lifestyle we all share and appreciate. When we founded 26 North Yachts in 2011, we had no idea how far it would come. Our passion for yachting and commitment to excellence in everything we do has helped 26 North Yachts make significant contributions to our industry. It’s been a phenomenal journey so far, and in the years to come, we hope to see North Report magazine chart its own course to success. Every aspect of the marine industry is rapidly changing. From buying and selling practices to the demands of ownership, 26 North Yachts recognizes the importance of connecting with our customers and helping themmake the experience of yacht- ownership more personal and rewarding than ever. And if you happen to pick up this magazine and our name is new to you, take a look inside; you’ll learn about who we are, what we value and who we surround ourselves with. And then let’s talk, because we want to show you how 26 North Yachts is unlike any company in our industry.
NICHOLAS SCHERB & MIKE CARLSON Co-Founders of 26 North Yachts
Happy Reading,
Mike Carlson & Nicholas Scherb Co-Founders | 26 North Yachts
2525 Marina Bay Drive West, Suite 203A, Fort Lauderdale, Florida 33312 +1.954.900.9988 | 26northyachts.com /26northyachts @26northyachts.com
03
A L E T T E R F R O M T H E C E O
NEW& NOTEWORTHY
26N
Today’s superyachts are taking safety, navigation, automation, connectivity and entertainment to a whole new level.
HOWTHE LATESTWAVES IN TECHNOLOGYARE SHAPING THE CURRENT SUPERYACHTING EXPERIENCE CRAFTED BY SAAIM SHAIKH
05
H OW L A T E S T WA V E S I N T E C H N O L O G Y A R E S H A P I N G T H E C U R R E N T S U P E R Y A C H T I N G E X P E R I E N C E E D I T O R I A L
While the social distancing norms have indeed turned the new generation’s attention toward the sea, a gradual shift has been noticed since even before the pandemic hit. It is a safe, peaceful, and easily accessible alternative compared to land-based recreational choices. Many aspects of the yachting industry, however, have changed significantly. The former and the upcoming generations do not share the same priorities. The impact is so substantial that many yacht manufacturers have come up with a new design category for millennials and GenZ. This new category takes into account their mindset, expectations and leanings. Understanding this shift in the industry offers valuable insights and helps shipyards better cater to their clientele. CURRENTTRENDS IN SUPERYACHTS FOR THE NEWGENERATION RESEARCH AND DEVELOPMENT The next generation is deeply interested in the research and development of superyachts to make themmore advanced. They want to see developments that are on par with the automobile and aviation industry. Yacht designers are constantly researching new hull shapes and technologies that enable easy moorage, shallow water cruising, and fuel savings due to reduced water resistance. ADVENTURE-PROOF CRAFT The upcoming generation is far more adventurous when it comes to exploring the world through yachts. They do not want to be restricted to popular destinations. They want to explore the world and see what their craft is truly capable of. Ocean-going hulls and engines, increased fuel efficiency, advanced water filtration and mineralization plants, solar panels, and multifunctional equipment are ideas that are currently being worked upon in the industry to accommodate such a lifestyle. Next-generation yachts can also house many toys that enable its owners to enjoy every terrain. They have dedicated spaces for helicopters, snowmobiles, jet skis, and even submarines.
A recent study by the International University of Monaco infers that the median age of superyacht owners has decreased by about ten years in the last twenty. A similar pattern is expected over the next twenty years, with the bulk of superyacht owners being between 35- 45 years of age at the end of it. Besides that, there has been a staggering increase in the demand for motor yachts over the last few years, with sales reaching a 13-year-high in 2020, as per the >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56
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