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SALES TOTALS : 2017 -v- 2018 183 Yachting has become the holiday of choice for those who want the highest levels of service, privacy and excitement all combined. Sales of yachts over It seems as if the yachting business has 50 metres have found a degree of year-on-year stability. increased by 25 per cent. Sales are on a sustainable upward Totals sales in the first curve and new construction orders are two quarters of 2018 are encouraging across the size spectrum. up 6 per cent over 2017. While the US market continues to pull strongly, we are also seeing a good level J A N UA R Y – J U LY 2 0 18 of activity throughout the world. I am particularly encouraged by charter and the degree to which yachting has become the holiday of choice for those who want uild over 90m d in 2018. While Lürssen still dominates ng the gap. the highest levels of service, privacy and excitement all combined. We are in an exciting decade for yacht design and development and we must combine this with a commitment to minimising environmental impact. It is an BENET TI 3 OTHER 3 182m REV / VARD 130+m LLOYD WERFT 130+ 116m initiative to which Edmiston is wholeheartedly committed. It is an amazing fact that whereas 97 per cent of the earth has been discovered and documented, the figure for the sea is only 3 per cent. What a wonderful opportunity for us all. Best wishes. ULYSSES / KLEVEN Jamie Edmiston Chief Executive