Financial Times FT.com

Finance: Credit crisis restricts deals, but the ship sails on

By Jill James

Published: September 22 2009 17:46 | Last updated: September 22 2009 17:46

Yacht ownership comes at a price. Buying the thing is just the start of a long financial commitment.

“With a €20m ($29m) yacht, you can expect to spend €2m a year on it,” says Laurent Perignon, marketing director of Camper & Nicholsons Yachting, a world leader in the sale, purchase, charter, marketing, management and construction of some of the finest yachts.

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