International Business News - Yachts http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts. The well-heeled buyers of the floating mansions are increasingly coming from emerging economies--in the Middle East, Russia and South America. The source of their wealth runs the gamut--technology, venture capitalism, new industries. And, yes, oil. http://www.ibtimes.com/data/articleimgs/86123-super-yachts.jpg http://www.ibtimes.com/articles/20080705/smooth-sailing-for-yacht-builders-despite-economy.htm http://www.ibtimes.com/articles/20080705/smooth-sailing-for-yacht-builders-despite-economy.htm Sat, 05 Jul 2008 00:21:59 EDT A look at the super yacht industry: Number of yachts at least 80 feet in length: About 3,800 http://www.ibtimes.com/articles/20080704/facts-about-super-yachts.htm Fri, 04 Jul 2008 20:32:44 EDT Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts. The well-heeled buyers of the floating mansions are increasingly coming from emerging economies--in the Middle East, Russia and South America. The source of their wealth runs the gamut--technology, venture capitalism, new industries. And, yes, oil. http://www.ibtimes.com/data/articleimgs/86052-super-yachts.jpg http://www.ibtimes.com/articles/20080704/smooth-sailing-for-yacht-builders-despite-economy.htm http://www.ibtimes.com/articles/20080704/smooth-sailing-for-yacht-builders-despite-economy.htm Fri, 04 Jul 2008 20:30:48 EDT A venerable sailboat builder in East Boothbay is setting up shop away from the coast in Richmond to produce yacht interiors. Gov. John Baldacci and other state and local officials were on hand Wednesday for a ribbon-cutting at the new Hodgdon Interiors plant that once housed Etonic shoe. The company says the move will allow it to add 35 jobs. http://www.ibtimes.com/articles/20080626/maine-boat-builder-hodgdon-opens-new-plant.htm Thu, 26 Jun 2008 12:57:35 EDT