Europe’s superyacht-builders hit choppy waters.
28 May 2026
Fewer plutocrats want floating palaces.
Europe dominates superyacht construction. Over half of the more than 1000 big boats built last year were made in Italy.
Four of the next five top producing countries are European. Russian magnate Andrey Melnichenko turned to Nobiskrug in Kiel, Germany. Starbucks ex-CEO Howard Schultz bought his from Feadship in the Netherlands.
Europe dominates superyacht construction. Over half of the more than 1000 big boats built last year were made in Italy.
Four of the next five top producing countries are European. Russian magnate Andrey Melnichenko turned to Nobiskrug in Kiel, Germany. Starbucks ex-CEO Howard Schultz bought his from Feadship in the Netherlands.