| Maltese Falcon hit by credit crunch
The asking price of one the of world’s most stunning superyachts, the 88m (289ft) Maltese Falcon, appears to be suffering from the current market situation as its sale value has fallen nearly 40 per cent since it was first put on the market 15 months ago. The yacht can now be purchased for a mere €70m compared to its original €115m price tag.
Maltese Falcon was built by Perini Navi and completed in 2006 for US venture capitalist Tom Perkins. She carries 15 sails totalling 240Dm2, which allows her to cross the Atlantic in about 10 days. The yacht was in San Francisco in late May, sailing under the Golden Gate bridge as it celebrated its 72nd anniversary.
It is understood that Perkins has now moved on to other projects, hence her being available to a new owner. The yacht can accommodate 12 guests in five state rooms and a crew of up to 16. Coincidentty Maltese Falcon now flies the Maltese flag, having switched earlier this year from the Cayman Islands flag. The yacht has a berth in Grand Harbour Marina in Valletta and will be busy through the summer with a full programme of charters.
...Superyacht Business
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