The Ferretti Group is becoming a bigger presence in Asian markets as it plans to open an assembly plant in China and looks to Asian consumers for sales.

This Is How You Make the Ferrari of Boats

Source: Bloomberg Dec. 13 2013

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In 2012 yachtmaker Riva’s owner Ferretti was bought by a Chinese firm. As a result, the whole company has refocused its attention on the Asian market. Ferretti CEO Ferruccio Rossi tells Bloomberg’s Guy Johnson why he still sees the American boat buyer as his number one customer.

Italian Luxoyacht Maker Still Has Amore for America

Source: Bloomberg Dec. 13 2013

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Riva Yachts, Coveted Worldwide, Test Chinese Waters

8 Oct 2012

Category: Weekend

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

4 Responses to “Riva Yachts: This Is How You Make the Ferrari of Boats”

  1. wrongtrade says:

    RENT IT, man, just RENT IT.
    Sure you know this, you have heard it a thousand times- but you’ll buy one because you need to do it. Prove it to yourself and say you did it.
    In the aquatic equivalent of investing culture, “it’s different this time.”
    Rent a boat- totally. No matter how ludicrous the hourly, half-day, or full day rate appears, you should rent a boat.
    Don’t say you were’t warned. But I understand. Whatever.

    • I came up with a pretty good way of boating 3 years ago:

      First, my brother and I split it — half the costs, a little coordination on who takes it when (I live 300 yards from the Long Island Sound, and 5 minutes from our local marina). Both families get along, and e haven’t encountered real scheduling problems yet. On days when we both want to go out, both fams share a day on the water. Other than him destroying an outdrive in the hole in Oyster Bay ($12k replacement, he picked up what insurance did not cover) it been fine.

      Decided on the type boat I thought was a good starter for us — 24 foot Sea Ray bowrider — and began hunting for one. Right after the financial crisis, a 2006 that I had previously saw was in default. We made a low bid offer, the bank approved a short sale, long story short we got a very good price.

      There are boat rentals at various marinas (tho not 5 minutes a way). I probably am out on the water 40 days from May to October.

      • S Brennan says:

        For 95% of those “think” they want a boat, renting is the right solution….even boat owners should charter if the destination is more than a few days travel.

        However, those who truly want to own boats are very different from the folks who just want a couple of summer afternoons of pleasurable experience. Many don’t fear maintenance and upgrades, but find it challenging, rewarding and for many…relaxing.

        But Wrongtrade makes a strong point. During the downturn I dumped my 34′ sailboat to get rid of moorage* payments…and swore I’d never let myself get stuck in that position again.

        When my life started returning to a semblance of order, I started shopping for a Beneteau 235, a small boat I have loved over the years.

        http://i667.photobucket.com/albums/vv40/ceeceebee_photos/P6270151a-1.jpg

        I found one for $3,500.00 and got an Aluminum trailer for it $1900.00. Getting it home was an adventure, it involved a continental road trip through all of America’s mountain ranges [January 2013] and $1,175.00 in gas. I enjoyed the challenge, while I am no Dick Prenneke, effort and satisfaction are still closely intertwined.

        While the boat was severely distressed below the waterline, it was easy to do the fiber-glassing in front of my house [in another life, I worked in a boat yard]. Outside of the liner, the interior was “brand new”…with a multiday cleaning. The liner that could be saved, received fabric paint and the rest was replaced with semi rigid pvc board. I added an electrical motor system that drives the boat at 5 knots [4 hours], this past spring/summer. Now, I am designing a new keel* and rudder…well, you get the idea, some of us take great pleasure in restoring/improving what others would throw away. And then…there is great pleasure in seeing the puzzlement on another man’s face when you pass him with ease while riding the same machine.

        If you all you want, is to be out on the water, Wrongtrade has the right answer. But while pride of workmanship is derided as silly “luddite” emotionalism…some of us warm blooded dinosaurs still take pleasure from it.

        *…putting your boat on the hard is almost as costly and makes it hard to sell.

        **…back in 90′s I took a 21 ft sailboat, lengthened it 2 feet, put a new rudder and keel on it and solo-circumnavigated around Vancouver Is.

  2. Tigerstripe says:

    My sailboat is an 18-foot clunker. My plane is a 40-year-old clunker. Do not ask me which gives me more pleasure or stress relief. It’s a tossup.